More Americans Plan to ‘Work in Retirement’

It would seem a contradiction in terms, but AARP’s latest study on work and career shows that many older workers are interested in working into retirement, with a focus on flexible work arrangement such as part time work and consulting.

In total, more than one-third of working Americans age 50-64 (37%) anticipate working for pay post retirement from their current career. Among those who will seek employment post retirement, almost half (44%) will be looking to work in new fields of interest; 23% will stay in the same field, and 33% are undecided.

Regardless of the field, respondents are hoping to work part-time (73%), with over half expecting to work for someone else (57%) vs. being a contractor (21%) or starting their own business (19%).

Additional findings:

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