Reported 4 months ago
A survey by Indeed Flex found that almost 1 in 3 American retirees aged 62-85 are contemplating temporary work due to the soaring cost of living. Additionally, 42% of working seniors are considering adding temporary work to their full-time jobs. Reasons for this trend include personal fulfillment, social interaction, and healthcare benefits, with inflation being a major factor driving retirees back to work. Rising living costs have led many seniors to seek additional income, as Social Security benefits are struggling to keep up with inflation, causing retirees to feel the strain on their savings and investments. For those facing financial challenges, returning to work or exploring alternative income sources is becoming a necessity to secure financial stability in retirement.
Source: YAHOO