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The New Retirement: Why Many Are Choosing Work Over Leisure
Episode 264

The New Retirement: Why Many Are Choosing Work Over Leisure

Phil's Tax Hacks

January 30, 202516m 2s

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Show Notes

A recent article on Fortune highlights a growing trend among baby boomers: continuing to work well into their 60s and 70s. Surprisingly, this is not out of necessity, but for the mental stimulation, social connections, and fulfillment that work provides. With nearly 20% of Americans over 65 still employed, this shift is challenging traditional views of retirement and sparking important conversations about what it means to truly retire.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:20 – Loneliness and loss of purpose

4:53 – The impact of working in retirement on financial plans

8:09 – Generational differences toward work and retirement

11:21 – Technology and remote work in retirement

12:44 – Takeaways

The article that inspired this week’s show:

https://fortune.com/article/the-new-retirement-is-no-retirement-baby-boomers-are-keeping-jobs-well-into-their-sixties-and-seventies-because-they-like-going-to-work/

 

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