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Facing ‘Un-Retirement’: The Cost Of Living Is Forcing Retirees Back To Work

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ResumeBuilder.com conducted a survey in order to find out if the inflation and supply chain issues facing the country over the past several months have prompted even more retirees to consider going back to work. . What the survey found was that 69% of retirees who are un-retiring are doing so in order to combat the rising cost of living.

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Americans’ Outlook On Retirement Is Bleaker Than Ever

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What’s going on: Gallup published a report revealing that only 43% of nonretirees think they will have enough money to live comfortably in retirement. The data emphasizes the need for proactive measures to ensure financial security during retirement.

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Employees Predicting Gloomy Future Of Work, New Study Shows

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A recent survey published by Monster.com suggests many employees are bracing themselves for big changes in the workplace over the next 30 years. One of the most striking findings from the survey is that “62% of workers think wages in comparison to the cost of living will worsen.”

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Economic Uncertainty is Driving Baby Boomers Back to the Workforce

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sped-up their retirement plans due to layoffs, health concerns, and changing work attitudes — contributing to what was termed the “Great Retirement.” Rowe Price’s Retirement Saving & Spending Study, 20% of retirees continue to work full- or part-time, and 7% are actively job searching.

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The Future Of Work Is Remote: Location Independence Now A Decisive Factor for Top Talent

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According to FlexJobs’ 2024 Work-From-Anywhere Survey , a significant 75% of respondents would opt to utilize a work-from-anywhere policy if offered by their employer — even if it meant accepting lower pay, longer hours, or fewer vacation days.

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Using a Financial Planning Checklist Can Help You Meet Your Goals

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Although it might sound tedious, dedicating a little time to checking in on your bank statements, confirming you’re saving enough for retirement and reviewing the financial goals from the beginning of the year can help ensure you are on the right track. It also gives you time to make corrections if needed.

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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

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Before the pandemic, an AARP survey showed 61% of people ages 40 to 65 had either seen or experienced ageism in the workplace. Before the pandemic, an AARP survey showed 61% of people ages 40 to 65 had either seen or experienced ageism in the workplace. But here are those hidden costs you ask about: .