Thursday, March 22, 2012

Finding Work in Retirement

Seventy percent of workers say they plan to work for pay after they retire, according to the 2012 Retirement Confidence Survey. Interestingly, however, many wonder whether they will be able to find a job. Only 28 percent of workers are "very confident" of their employability.

Retirees themselves offer a more realistic look at the odds of working in retirement. Only 27 percent of retirees say they have worked for pay since retirement. When asked how confident they are in their ability to find a job if necessary, only 9 percent feel "very confident." The 54 percent majority of retirees are not at all confident they could find a job.

Source: Employee Benefit Research Institute, 2012 Retirement Confidence Survey

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