News, One-third of retirees end up getting full-time jobs (community, years, smart)

[JD59]

One-third of those who retire actually come back to the labor market and take another full-time job, according to Deutsche Bank’s Torsten Sløk.

This “reverse retirement” rate is higher for workers in the highest and lowest income quintiles, as shown in the chart below.

https://www.yahoo.com/finance/news/o...150256531.html

[Sand&Salt]

That makes me wonder WHAT type of jobs they are getting, since age discrimination is so rampant!

[eliza61nyc]

Originally Posted by John1960

One-third of those who retire actually come back to the labor market and take another full-time job, according to Deutsche Bank’s Torsten Sløk.

This “reverse retirement” rate is higher for workers in the highest and lowest income quintiles, as shown in the chart below.

https://www.yahoo.com/finance/news/o...150256531.html

article is a little short on details.

[MI-Roger]

I guess that includes me, but it was my plan to find another full-time job after retiring from my previous employer at age 56 with over 35 years of seniority.

Done by planned design, not desperation, in my case.

[North Beach Person]

And I would take the right thing, but not full time. As it is I have continued to do the community things I've done for decades.

[Vision67]

I'd always planned to take a part time gig from my old employer. It's a win-win.

They get somebody who can get results on day 1 and I get an extremely well paid part time job, an opportunity to exercise my brain by solving their problem, I get to work with some of the smartest people I've ever known, and if I don't like it I can quit whenever I want.

What's not to like?

[jrkliny]

Originally Posted by Vision67

What's not to like?

Not being able to grow in new areas.
Not having time for your personal goals.
Not being able to travel.

IMO, retirement is a time for new directions, new goals, new achievements.

[Serious Conversation]

The highest income quintiles are probably doing something they enjoy. The lowest keep schlepping along because they have to.

[mathjak107]

Originally Posted by Vision67

I'd always planned to take a part time gig from my old employer. It's a win-win.

They get somebody who can get results on day 1 and I get an extremely well paid part time job, an opportunity to exercise my brain by solving their problem, I get to work with some of the smartest people I've ever known, and if I don't like it I can quit whenever I want.

What's not to like?

just what i do . i really enjoy the bit of work i do . i do it when i want and i like it . the last 2 years it has paid for our very high dental bills which were 5 figures last year and this year without coming out of our budget ..

[codergirl]

Most people who end up working a pt job after retiring from their full time one is because they NEED the money...plain and simple.Their retirement isn't going far enough.Those who get a pt job because they want to...great for them but most people end up getting a pt because of finances not being too good.