The Real Reasons People Work After Retirement

Whether you retire from your official job in your 50s or 70s, you could still have a lot of life to live. And if you've toyed with the idea of working a new job in retirement, you're not alone. According to the Employee Benefit Research Institute (EBRI) in the 2025 edition of its Retirement Confidence Survey -- the longest-running survey of its kind -- 75% of respondents plan to work for pay in retirement. Some want to work to continue investing, while others crave social interaction.The EBRI has been conducting this survey for years and has consistently found that fewer people end up working in retirement than planned. In other words, some of those 75% saying they plan to work will change their minds. Maybe once Social Security, annuities, and other sources of income start hitting their bank accounts, they decide they're fine financially and can get their social and emotional needs met in other ways.However, among those who do carry through and get a new job after saying goodbye to the old, the reasons they give for doing so are surprisingly positive. Survey respondents each offered more than one reason for wanting to work. For example, they may find a job rewarding, but also want extra money to pay healthcare costs later in retirement.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool