Retirement is supposed to be a rewarding time in your senior (older adults) years, where you sit back and relax after decades of dedicated work. . . most retirees want to travel, enjoy gardening, fishing, the grandkids. . . but
Believe it or not, some retirees return to some sort of employment, sometimes out of boredom, but oftentimes, they seek additional revenue to maintain their lifestyle/budget. With a current high inflation and increased grocery, gas, utility rate increases, the retiree is further forced into seeking added income because their retirement income is not enough for their total expenses.
According to the AARP Foundation that is the nation’s leading older adult resources’ organization, 39 million older adults are living in poverty or one life event away from slipping into it. The AARP mission is to strengthen financial resilience for and with older adults by empowering individuals and improving systems, by creating pathways to quality employment, removing barriers to benefits, and promoting equitable access to essential goods and services.
Retirement planning – Sadly, some older adults do not plan accordingly when it comes to their retirement. The lack of financial planning often leaves the retiree with future increases in household/utility/car expenses that their fixed income does not adequately cover. The retiree is then forced to seek part-time employment to meet those needs.
Our everyday life proves that many older adults are still working during their retirement years. While it is fine to remain employed or seek employment because that is what you desire, it is a completely different path to seek employment when you are forced into it.
AARP Resources offer many workshops and online information which helps you plan for your retirement and avoid having to work during your retirement year. For instance . . .
Financial Picture – AARP recommends that you seek financial expertise regarding retirement, attend many free financial workshops so that you are not blindsided after you retire. It also offers information that suggest you contribute to a personal or work-related savings – (i.e., if applicable, maintain a 401K savings or maintain a consistent personal savings that serves as an emergency fund throughout your work years}. Attend workshops that benefit your future retirement.
Desired employment- Many older adults find themselves bored and look for “get me out of the house” part-time job, if only for a few times a week. AARP can also help with related job opportunities.
Resumes – If seeking employment is in your plans, either because you want to increase your monthly revenue, or just because you want to get out of the house, AARP often offers many tips and information on updating your resume to align your skills with the perfect job.
For more information on job seeking and job-related information visit aarp.org.
