FRESNO, Calif. (KFSN) — Whether it’s financial need or longevity, a growing number of older adults are returning to the workforce — or delaying retirement.
“With the cost of goods being higher, inflation and people being afraid they might not have enough saved for retirement, we expect this trend to continue,” says AARP Vice President of Financial Resilience Programming, Carly Roszkowski.
Roszkowski says their latest research shows that in the last six months, 7% of retirees 50 or older have “un-retired,” with 48% stating the primary reason they’re returning to work is to make money.
“Our financial trend survey shows 18% of the “50-plus” have zero saved for retirement, so as we continue to live longer, people want to make sure they have enough to live comfortably when retired,” Roszkowski said.
Rapidly evolving technology has changed the job market, but there are ways to use it to your advantage.
AARP has a variety of resources for older adults re-entering the workforce on its website, including resume tips, helping adults be seen for their experience not their age.
“You want to focus on recent experience,” Roszkowski said. “You can include your credentials, but you don’t have to include your graduation dates. Take off your street address, you no longer need that, and maybe ditch that old Hotmail or AOL email address for a more modern service.”
There are five generations currently represented in the workplace today.
“We see from research that multi-generational teams can bring more problem-solving and different approaches to problem-solving,” Roszkowski said. “More innovation and creativity different skill sets. Younger workers say that collaborating with older colleagues helps them learn new things as well as be more productive.”
Job seekers can go to AARP’s website for tools and resources, including a free course on AI until the end of March.
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