BELOW SUPERNAV drop zone ⇩

‘Unretiring’ is a growing trend: AARP

  • 12% of retired Americans will go back to work this year, says Resume Builder
  • Unretired workers usually must make due with lower paying jobs
  • Many are taking gig economy jobs like Uber and DoorDash

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — For many older Americans, the golden years are still the green years. As in: they need to keep bringing in the green to make ends meet.

A new survey from Resume Builder confirms this, showing that 12% of retired Americans will go back to work this year.

In another survey, from Bankrate, 41% of adults say they don’t have enough money to fully retire. And about a quarter of Americans above the age of 50 say they expect to never retire, according to a new AARP study.

55% of those responding to a Bankrate survey said they returned to work because they needed more money. 47% said they were bored and 33% said they needed the job to get health insurance.

“I have a family. We have to have somewhere to live. We have to have food on our table so I put the pride aside,” said Janette Campbell, a retired educator who now works as a community relations specialist at a South Florida non-profit.

One big problem for retired professionals returning to work is taking a job that pays far less than what their old profession paid.

“A lot of them … don’t have the job they had before,” said Indiana Senator Mike Braun, the ranking Republican on the Senate Special Committee on Aging. “Somebody else is either filling that or maybe one there as it was. So they’re coming back to survival-type wages.”

For many, that means diving into the gig economy, according to AARP vice president Carly Roszkowski.

“Older workers (are) starting their own business (or) driving for Uber or DoorDash – jobs that didn’t exist 15-20 years ago.”

For Campbell, it’s a matter of staying on the job as long as her family needs her.

“If I don’t laugh, I will cry, and I don’t want to cry. I want to be positive in whatever I do because I have young peoples around me that is watching me.”

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Clear

la

62°F Clear Feels like 62°
Wind
4 mph N
Humidity
35%
Sunrise
Sunset

Tonight

Partly cloudy skies. Low 52F. Winds light and variable.
52°F Partly cloudy skies. Low 52F. Winds light and variable.
Wind
3 mph N
Precip
1%
Sunset
Moon Phase
Waning Gibbous