Retirement Living

1 in 6 Retirees Considering Unretiring

Rodney Brooks
April 27, 2023

Facing rising inflation, market volatility and a looming recession, 1 in 6 retirees are considering unretiring, according to a survey by Paychex. Needing money (53%) and getting bored (52%) or lonely (43%) were some of the top reasons, as were inflation (43%), stock market volatility (41%) and needing health insurance (39%).

“There are a lot of good reasons to continue working in retirement,” says Elijah Kovar, financial advisor at Great Waters Financial in Minneapolis. “You're challenged to learn. You have a reason to get out of bed. A lot of people miss the social interactions because so much of their social interactions were at work.”


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Be sure to check out "Fixing the Racial Wealth Gap" by Rodney Brooks

“Rodney A. Brooks’ ‘Fixing the Racial Wealth Gap’ is one of the best written and most prescriptive books I’ve read on this prickly subject. Using powerful stats, stories and insightful wisdom, it is written from the heart, mind, body and spirit … plus years of research and thought as a mainstream journalist, Fixing the Racial Wealth Gap is revealing, humorous, instructive and sobering.” – Dr. George C. Fraser