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needing more money may be a factor but I suspect an equal share is the fact that 65 today isnt the same as it was in 1970.
you were OLD and close to the end of life at 65 in 1970. Now? 65 may not be spring chicken but it certainly isnt old.
And the best way for a 65 year old to get old and die is to be isolated from society. simple fact is, we have fewer places where older people come in contact with the rest of the world. people don't go to church any longer. There aren't as many/active civic organizations that once filled that void and thus people in that age range know they need to be engaged.
Go to work. Be productive until you really need to stop.
Those I've spoken with aren't working because they need to do something. They are working because they need the extra income. Fry's food store it's the same thing. Older workers are everywhere.
The older fellow who collects the shopping carts in the parking lot is interesting. He studied Japanese in college and sometimes practice what he remembers speaking with my wife.
Now, I've not asked him directly but suspect he's not collecting shopping carts so he can get out of the house. I suspect he's doing it for the paycheck.
I'm 66 and agree getting out of the house is important but more important is having enough money to pay the bills.
Those who start young(er) and save what they can, as they can, and eventually invest, and consider a future decades away, where they don't work for a paycheck anymore, tend to do OK if they practice those principles of prioritizing savings vs spending every dollar that comes in.
The republican/conservative core foundation of, "pick yourself up by your own bootstraps," has been around for as long as I can remember. I was taught that lesson early in life, by 2 democrat parents who were more fiscally conservative. I often heard as a kid, "You want something? Save your money!"
CLIFF's NOTES: The OP's link says its inflation and/or boredom.
Glad, we have plenty of $'s, & enough interests to keep us busy...most of the time.
I still have some time to fill, so working on that.
I work an hour or two a day, when I want to, to keep my low 6-figures rolling in.
My wife travels, but I dont want to get on planes, or spend hours driving either. The Alaska cruise was nice, but I had to fly to/from Seattle to do that...ugh. Been there, done that...did Hawaii too, and Europe, & a few other places.
I feel bad for the 65+'er who work because they need the $. They must have made bad decisions for a long time. A few were struck by bad luck too.
needing more money may be a factor but I suspect an equal share is the fact that 65 today isnt the same as it was in 1970.
you were OLD and close to the end of life at 65 in 1970. Now? 65 may not be spring chicken but it certainly isnt old.
And the best way for a 65 year old to get old and die is to be isolated from society. simple fact is, we have fewer places where older people come in contact with the rest of the world. people don't go to church any longer. There aren't as many/active civic organizations that once filled that void and thus people in that age range know they need to be engaged.
Go to work. Be productive until you really need to stop.
A lot of 65 year olds have beat up bodies that are limited or in pain. You don't need to be bedridden for work to be difficult.
I agree with you that somewhat more people over 65 are still capable of working, especially as many have had lifetime office jobs, rather than being ditch diggers or on an assembly line. I will give you that, but many simply can't stand on their feet all day or lift or bend or function with the pain. Many of my office colleagues had those height-adjustable computer stands because their back or joint issues made it hard for them to either sit all day or stand all day. They had to regularly change positions to fight the pain.
This is why you shouldn’t have kids. You can retire early. People are now taking care of their kids forever even into adulthood. All the people are now taking care of their kids and their kids have to return to work Yada Yada
Notice that huge drop in 55+ employment starting in 2020? The Plandemic forced a lot of seniors out of work, many of whom are likely unemployable due to age/or ability post 2022....
That still doesnt fly in the face of many seniors have to go back to work since then.........
"However, the newest trend is "unretiring", with as many as 20% of older workers rejoining the labor market in their 60's and 70s".
The above is the sloppy writing so common today to 20 year old hack journalist in the major news bodies who can barely write a coherent sentence.
The line reads if 20% of all those in their 60s and 70s have recently rejoined the workforce. I think what they meant to write is that 20% of returning workers who had prvoiusly dropped out of the workforce, are in their 60s and 70s.
The article claims "millions of retirees like Roach are now working again..."
I don't see any substantiation for the wild claim. It is bad research by MSN. It is bad writing by their barely literate hack journalist-wanna-be.
Meanwile, the claim that many more elderly are working today than was the case in the 1980s, is not untrue.
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