
Reasons Retirees Reenter the Workforce
Retirement doesn’t necessarily mean the end of a paycheck. Many retirees continue to work, whether through consulting, part-time roles, or starting new careers. While some do it for financial reasons, others are driven by a variety of other motivations that go beyond money.
Craig Copeland, director of wealth benefits research at the Employee Benefit Research Institute, highlights that “there are many positive reasons people work in retirement.” From combating boredom to pursuing passions, here are seven reasons why retirees choose to return to work.
1. Countering Boredom
Boredom is a real issue for many retirees who haven’t planned how they’ll spend their free time. While the idea of no longer having a daily grind sounds appealing, some find that the absence of structure can lead to feelings of emptiness. To combat this, some retirees return to the workforce, choosing jobs that align with their interests or hobbies. This allows them to stay engaged and maintain a sense of purpose.
2. Building Community and Friendships
Work provides a strong sense of community. After retiring, many people miss the camaraderie and social interactions that come with a job. For some, returning to work is a way to reconnect with colleagues and build new relationships. This sense of belonging can be especially important for those who feel isolated after leaving their previous jobs.
3. Exploring New Opportunities
Some retirees see retirement as a chance to start anew. They may take on a different career, try a job they’ve always wanted, or even launch a business. According to Gallup, 52.3% of U.S. businesses are owned by individuals aged 55 and older, showing that entrepreneurship is a growing trend among retirees.
4. Honing a Hobby
For those passionate about a particular activity, such as gardening, art, or animal care, part-time work can be a way to turn a hobby into a meaningful experience. It allows retirees to explore their interests while also gaining practical skills and knowledge.
5. Seizing New Opportunities
Sometimes, opportunities arise that make working in retirement appealing. These could include part-time roles at former companies, consulting gigs, or new positions that offer unique challenges. Even if money isn’t the main concern, the chance to grow professionally can be tempting.
6. Enjoying Work
Not everyone views work negatively. Some people enjoy the structure, routine, and sense of accomplishment that comes with being employed. According to the 2025 Retirement Confidence Survey from the Employee Benefit Research Institute, 88% of retirees who plan to work cite enjoying their jobs as a primary reason.
7. Boosting Savings
Even if retirees don’t need additional income, they may still worry about their savings depleting over time. Working part-time can help them supplement their income, allowing them to invest more and ensure their finances remain secure.
Tips for Finding Work in Retirement
If you're considering returning to the workforce, there are steps you can take to increase your chances of getting hired.
If You Want to Consult
Start by identifying your niche—what problems do you solve best? Once you have a clear idea, update your professional profiles, list your services, and set up job alerts for consulting opportunities. Reach out to former colleagues and industry groups to expand your network. Begin with small projects to build a portfolio and gather testimonials.
If You Want a Part-Time Job
Part-time jobs range from retail to education and seasonal roles. Determine what you hope to gain from the job—whether it's social interaction, flexibility, or a connection to a passion. Update your resume to reflect your skills and experiences, and consider listing any career breaks with a brief explanation of what you did during that time. Search online for job listings and also explore local opportunities in libraries, schools, or non-profits.
Staying Committed
Finding a job in retirement may take time, but it’s worth the effort. With persistence and a clear understanding of your goals, you can find a role that aligns with your lifestyle and interests. As Jenn Herrity notes, “Retirees today have more ways than ever to blend purpose, flexibility, and income.” The key is to find the right fit that matches your skills and aspirations.
Comments
Post a Comment