Encore Careers and Bridge Jobs—Fact Sheet
- The majority of workers in their fifties and sixties plan to work after they retire, with 52% reporting that they plan to work part-time and about 9% reporting that they plan to work full-time. Fewer than one in five workers (19%) do not plan to work after they retire, according to a 2012 report based on the Transamerica Retirement Survey.
- Among workers in their fifties who plan to work after aged 65, 8% say they need health benefits, while 44% say they can’t afford to retire and 17% say they need the income. Other reasons included wanting to stay involved (18%) and enjoying what they do (10%). Among workers in their sixties, a somewhat higher proportion report wanting to keep working for enjoyment reasons: 26% say they enjoy what they do while 14% say they want to stay involved, according to a 2012 report on the Transamerica Retirement Survey.
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