Retirees may not be ready to stop working! According to the Bureau of Labor Statistics, just over 30 percent of people aged 65-74 are employed! That’s up from about 25 percent in 2021. In fact, as Boomers age, more are viewing retirement as another opportunity instead of an ending. Here’s a look at the top 5 benefits of working in retirement:
- Mental Health: people who pursue meaningful activities say they feel happier and healthier, according to the NIH.
- Physical Benefits: working provides you with many opportunities to stay balanced, strong, and healthy.
- Financial Benefits: working during retirement may allow you to delay taking Social Security benefits. For every year you wait to claim, your benefits increase by 8 percent!
- Emotional Benefits: a sense of purpose has been associated with a longer lifespan and better quality of life.
- Social Benefits: increased isolation is a common retirement risk. Meaningful interactions reduce that risk.
Designing and achieving a fulfilling retirement isn’t just about money. Sean can help you build a well-defined and holistic financial plan that addresses your unique goals and concerns.