Why Older Workers Are Looking For Retirement Jobs? Article

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Why older workers are looking for Retirement Jobs?

So, why are more Baby Boomers seeking retirement jobs?

Today, whether or not they retire before the age of 65, or perhaps after the age, an increasing number of baby boomers are now choosing to make retirement jobs a steady part of their retirement years

Author: Anna D Banks Gcdf

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Over the years, more and more adult workers have been looking for retirement jobs, while more and more employers are now in need of older workers for their retirement jobs. In the yesteryears, the answer to retirement jobs used to be a strict ‘no-no’ when the line between work and retirement was clearly defined. In those days, most people worked until the age 65 or so, saved up a substantial amount of money, and then headed to their rocking chairs to relax and bide their time.

So, why are more Baby Boomers seeking retirement jobs?

Today, whether or not they retire before the age of 65, or perhaps after the age, an increasing number of baby boomers are now choosing to make retirement jobs a steady part of their retirement years. According to reports by the National Council on Aging, it is estimated that almost one out of three Americans aged 65 or more has a retirement job and at least works part-time.

This trend is more or less likely to increase as the years go by since more and more baby boomers are preparing to retire from their regular jobs. According to a survey:

• A staggering 85 percent of baby boomers have claimed to be working in retirement jobs.

• Only 10 percent said that they expected to work full-time in a retirement job.

• Roughly 60 percent said that they would rather work part-time either for fun or income.

• Nearly 15 percent of them said that they’d rather start their own retirement jobs.

Why do Baby Boomers seek Retirement Jobs?

The reasons why more and more baby boomers and adult workers are looking for retirement jobs fall under the following four basic categories –

• Extra Income – The chance of earning extra income is one of the main reasons why most adult workers look for retirement jobs. By earning this extra money at a part-time or full-time retirement job, retired workers can make their pensions last for longer, afford more luxuries that they would otherwise be forced to do without, and in many cases they can lower their health care costs by obtaining employer sponsored medical insurance.

• For Love of the Job – Most adult workers look out for retirement jobs because they love working. Especially for all those people whose jobs require them to be a lot more creative and offers them more autonomy, like writers, consultants, entrepreneurs and artists, work becomes a huge part of their lives and is one of their biggest sources of personal satisfaction, that having to do without a retirement job has very little or absolutely no appeal.

• Chance to Socialize – For all those people who are outgoing and fun-loving and love to inexact with other people throughout the day, retirement jobs can provide you with a dynamic and vibrant social life and an in-built network of potential friends and professional colleagues.

• Fear of being Idle – Most people have so devoted themselves to work before their retirement that they now prefer to keep on working at retirement jobs for as long as possible to keep off being idle. What’s more, most people like to delay that need to adjust that arises when there is a change in lifestyle. Without a strong support system of family and friends, or an entire plan when it comes to retirement activities they would like to pursue, retirement jobs are by and large the safest option.

About Author

ANNA D. BANKS, GCDF is an adjunct professor at Essex County College, career development and marketing coach, speaker, and author. Anna helps individuals design a game plan for an extraordinary career or business. Since 1996, Anna has helped hundreds of job-seekers, managers, business owners, and sales professionals achieve career success. For more information send an email to Anna@AnnaBanks.com.

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Why older workers are looking for Retirement Jobs?