Working After Age 65

Surveys over the last 10 years or so, and labor force data, say that today’s 50 and older crowd want to work longer than the previous generation. This article discusses some recent surveys about those who work past age 65, especially those who change jobs and careers to do so. It also offers tips to those who want to consider this route. Be prepared to take a pay cut at least initially, but it likely will pay off in the long run.

If the job change means you love work again, have less stress and keep earning a paycheck for a few additional years, that can boost your prospects for retirement security and your sanity.

You can still contribute to retirement plans and refrain from dipping into existing ones. You can delay claiming Social Security and get 8% bigger checks each year you don’t take benefits between age 62 and 70. And studies show that continuing to work helps people feel more relevant and needed and less isolated.