So many people are working after they’ve retired. Are they on to something? And is it something you don’t want to miss out on?
Robert Reilly, a member of the finance faculty at the Providence College School of Business and a financial advisor at PRW Wealth Management in Boston, says, “The decision to go back to work mainly depends on three items:Do you have to make ends meet?”Of course, there are trade-offs if you return to work after retirement. You’ll need to assess what the impact of continuing to work will have on you, your family, and your plans.
There’s no reason to put yourself in a position that increases stress if you have the choice. In fact, try to be daring. There are plenty of opportunities out there. “Many people return to work after retiring to regain that sense of purpose,” says Lawrence Sprung, founder of Mitlin Financial in Hauppauge, New York. “It is not easy working for 30 or 40 plus years and suddenly having that part of your life stop.”
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