There is an article "Busting the Myths About Work in Retirement" on PBS Next Avenue, Where Grown-Ups Keep Growing about why retirees keep working; they list four types of retirees…
The importance of money, however, depended on which of the four camps the working retirees fell into:Caring Contributors (33 percent) — Primarily women, they work to give back to their communities or to worthwhile causes, often at nonprofits and sometimes as unpaid volunteers. Many are in encore careers.Earnest Earners (28 percent) — They need the income to pay the bills and are mostly unsatisfied with the work they’re doing.Life Balancers (24 percent) — They care mostly about workplace friendships and social connections, but also need the money.Driven Achievers (15 percent) — Mostly men, they’re Type A’s who feel at the top of their game; many are entrepreneurs.Three in five of the working retirees said retirement gave them an opportunity to “transition to something new,” said Tyrie. Many are working for themselves and only 14 percent of them said it was because they couldn’t find any other work.
Yup, I’m the “Caring Contributors,” I volunteer at the
Hartford Gay and Lesbian Health Collective two days a week and the work I do
for CT TransAdvocacy Coalition. Also I’m one of the 60% who transitioned to a
new career… from engineer to social work.
The article goes on to say that,
Hannon is a big believer that working in retirement (if you can) keeps you alive intellectually, financially and spiritually. Another plus: 83 percent of the working retirees said it makes them feel “more youthful.”
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