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The New Retirement: Why Many Are Choosing Work Over Leisure

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Manage episode 463980955 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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/

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: https://bit.ly/3WdDG96

  continue reading

285 episodes

Artwork
iconShare
 
Manage episode 463980955 series 2510975
Content provided by Phil Putney. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Putney or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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/

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: https://bit.ly/3WdDG96

  continue reading

285 episodes

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