(WHTM) – Remember when millions of Americans took early retirement or quit their jobs during the pandemic a few years ago? But inflation made that plan difficult. As a result, some of those people are currently unable to retire.
2022 was the year of “the great resignation” for millions of people who decided not to return to the rat race after the pandemic. Among them was former television producer Jake Lever, who wanted a slower pace.
“It’s much more important to find joy in the day-to-day,” Lever said.
But fast forward two years to 2024, and for so many people, money is so tight that the Great Retirement has become the Great Return to Work.
So much for retiring at age 65. The most popular trend these days is not to retire.
If you walk into an Ace Hardware store, you might run into my colleague Ed Rooch. The 74-year-old has been a “helpful hardware guy” since retiring from his computer job in Silicon Valley about 10 years ago. After several years in his home, he decided that retirement was not for him.
“Well, I’ve always been handy,” Ruch said.
So, like a growing number of people over 65, he returned to work. Ruch works 30 hours a week and loves it.
“It’s not pressure,” Ruch said. “But it’s also very challenging because everyone who participates has their own challenges.”
A graph from CNBC shows how many people have returned to work in recent months. be interested? According to Kiplinger Magazine, the top jobs for retirees are:
- A clerk at a hardware or craft store.
- Private tutor.
- Nanny.
- Museums and tour guides.
- Bookkeeper.
- They also serve as drivers for senior centers and hospitals.
Ruchi says she just needs to get out of the house.
“It’s something you have to do, otherwise I don’t know what to do,” Ruch said.
Millions of retirees are now working again, whether it’s for the money or just to stay active. That way you won’t waste your money.