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Working in Retirement: A 21st Century Phenomenon

Publisher: 
Families and Work Institute and the Sloan Center on Aging & Work
Date published: 
6 October, 2010
Region: 
United States of America
Publication type: 
research

 

 

 

 

 

Working in retirement may still sound like an oxymoron, but not for long, according to a new US study by Families and Work Institute and the

Sloan Center on Aging & Work:

Key findings include:


• One in five workers aged 50 and older has a retirement job today; 75% of workers aged 50
and older expect to have retirement jobs in the future.
• People work in retirement for a variety of reasons, including the opportunity to earn more
money for a comfortable retirement and because they would be bored if they weren’t
working.
• Those working in retirement are highly satisfied and engaged in their work.
• Using a number of critical indicators of workplace effectiveness, those working in
retirement rate their workplaces more positively than those not yet retired.
• A significant number of employees transition to self employment for their retirement job.
• While those working in retirement work fewer hours, on average, than those not yet
retired, the majority of working retirees report working full time and wanting to work the
same or more hours.

 

 

Working in Retirement: A 21st Century Phenomenon

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