AARP study<\/a> published early this year found that of the 7 percent of retirees returning to work, 15 percent cited boredom as the reason, with 14 percent saying they were motivated to help others. Still, nearly half said they needed the money.<\/p>\n\u201cPeople unretire, I think, largely because it was part of their plan to do that all along,\u201d said Geoffrey Sanzenbacher, a research fellow at the Center for Retirement Research at Boston College, who said that academic literature finds that nearly a quarter of retirees unretire at some point. \u201cThey\u2019re stressed, they\u2019re done, they retire, and at some point they\u2019re recharged and they come back to work, especially the more educated group, where there\u2019s not a physical component to the job.\u201d<\/p>\n
Work that is physically demanding and low-wage jobs extend inequality in the labor force to inequality in retirement, too, denying the benefits of a lengthier retirement to many older Americans, Mr. Sanzenbacher added. Black and Hispanic Americans, or people who live in multigenerational households where they support parents or children and grandchildren, are among the groups most likely to keep working well past retirement age.<\/p>\n","protected":false},"excerpt":{"rendered":"Two years later, Ms. Klohmann and her husband, Neil, 67, turned a rental home they own into her…\n","protected":false},"author":2,"featured_media":698542,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[13330,232066,84,232064,232059,866,4176,232062,232061,232067,120260,192633,193611,6958,232060,4174,42337,4175,4204,232063,129250,1372,232058,25493,56,54,55,232065,16873],"class_list":["post-698541","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-aarp","tag-black-people","tag-business","tag-center-for-retirement-research-at-boston-college","tag-crews","tag-elderly","tag-finance","tag-finkelstein","tag-geoffrey","tag-hispanic-americans","tag-income-inequality","tag-inflation-economics","tag-labor-and-jobs","tag-longevity","tag-michael-d","tag-personal-finance","tag-personal-finances","tag-personalfinance","tag-retirement","tag-ruth","tag-sanzenbacher","tag-small-business","tag-social-security-us","tag-social-security-administration","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-whites","tag-work-life-balance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/698541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=698541"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/698541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/698542"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=698541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=698541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=698541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}