72 percent of baby boomers say they will work in retirement. Why is that?
Only 54% have $25,000 or more saved for retirement. That is reality...in the US this is due to many factors.
One, half of the 54% have zero savings...none of the reasons for this are good...it could be a sense of entitlement that to save means not having the goods we feel we deserve.
Two, remember the average family has a credit card debt of over $8,000 dollars...no use saving at 2 percent interest when you are being charged 18% on your credit card balance.
The stock market has not performed well lately...you choose the reason for that...there is plenty of blame to go around.
Here are some retiree jobs for boomers:
In Arizona, we have friends that are doing every one of the above so they are available. There are also many opportunites for volunteer work such as hospitals, food banks, thrift shops...but they do not pay anything.
I appear to be fully retired to my friends but this site and others that you are visiting now provides a nice supplemental income to Social Security and what is left of my 201K...I wish I were totally joking about a 201K.
"Virtual retirement" to a website(s) is something more and more will be looking to for their best retirement living. Here's how.