Are you considering gilding your golden years with a side gig? You’re not alone.
Retirement was once all about leisure — travel, golf, rocking chairs and spending relaxing days with the grandkids. But today, retirees are increasingly returning to work. Their reasons vary from grappling with inflation and unexpected expenses to simple boredom.
“I don’t like having nothing to do,” says Richard Eisenberg, a retired editor, who now writes columns and teaches classes at NYU. “But I also have to force myself to not overdo it. I work maybe one-third of the time.”
Eisenberg isn’t cash-strapped. But, he notes that working in retirement does have substantial economic benefits. And for many, that’s a motivating factor. Indeed, a recent survey by BadCredit.org found that one in four retirees had to return to work to pay day-to-day expenses. And more than a third who haven’t returned to work, struggle to make ends meet.
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