Jan 22 2025 15 mins
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.
Join us as we explore this growing trend on today’s show. Lee has witnessed firsthand how retirement goals have shifted in recent years and is having more frequent conversations with clients about the evolving landscape of retirement. Is staying in the workforce the right choice for you?
Here’s what we discuss in today’s show:
- How Lee is seeing this trend in his own practice
- Lee's advice for those struggling with a loss of purpose or loneliness after leaving the workforce
- Financial considerations for those thinking about part-time or contracting work
- How working longer impacts the financial planning process
- The shifting attitude toward work and retirement in younger generations
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