working after retirement

Three Benefits to Working After Retirement

As of May 2016, almost 19 percent of Americans over the age of 65 were working full- or part-time, according to PewResearch. This trend doesn’t look like it’s going to slow down either. More and more retirees are going back to work, working part-time or starting new careers. If you’re considering working into your later years, check out the following benefits of working after retirement:

Physical Benefits

Research shows that older adults who keep working tend to be healthier than their fully retired counterparts. According to a University of Miami study, adults over the age of 65 in the workforce were significantly more likely to say their health was good, very good or excellent. The study also shows that unemployed or retired seniors were six times more likely to have a low HALex score, which measures if they need help taking care of themselves or have limitations.

You may need a routine to help you stay active, and a job allows for just that. You’re more likely to stick with your exercise regimen and other healthy habits that affect your overall health.

Mental Benefits

Perhaps even more importantly, continuing to work has mental and emotional benefits. Working provides you with a sense of purpose to get up and go in the morning. It gives you mental stimulation and a chance to keep your senses sharp. In a Transamerica survey, 36 percent of respondents said they continue to work because they want to stay involved.

Careers also help you feel connected to other people and have positive self-esteem. Psychologist and retirement transition coach Dorian Mintzer explains that older Americans still in the work force don’t consider themselves to be old. They realize they have something to contribute to the workforce, and their work identity gives them a strong sense of self. Mintzer suggests that you consider how you will receive the same sense of connection when you retire. If you’re able to volunteer, spend time with your family or find a hobby to fill up your time, you may have the mental stimulation you need. However, if you don’t have these resources, you may want to continue working at least part-time. For example, you can stay connected with your community by working part-time with a company like Amway where you have independence and still work with other people.

Financial Benefits

People are living longer, healthier lives, which is part of the reason they’re working after retirement. It may be difficult to put enough into savings or live off of social security. According to a Northwest Mutual Report, 60 percent of people said they wanted additional disposable income during their retirement. Furthermore, you may want to stay in the workforce to receive health insurance, 401(k) matching and other benefits.

While you may not want to work full-time, there are plenty of jobs that can help you earn a little extra cash and boost your independence. If you love to sew or knit, you could sell your crafts online or at farmers markets. You could write for a freelance service like Upwork or work at a retail store like The Home Depot part-time. Retirement is also a great opportunity to make a career change or try something new you never had time for.

Armin Brott

View posts by Armin Brott
Armin Brott is the proud father of three, a former U.S. Marine, a best-selling author, radio host, speaker, and one of the country’s leading experts on fatherhood. He writes frequently about fatherhood, families, and men's health. Read more about Armin or visit his website, You can also connect via social media: Facebook, Twitter, Pinterest,  and Linkedin.

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