5 Reasons to Work Later in Life

From a very early age, we are taught to look forward to retirement. We often envisage ourselves sitting peacefully in a favourite rocking chair in front of the fireplace of our family home (that’s paid off, of course). That may have been the idea when we were younger, but today there is an increasing number of reasons to set that image aside and instead, continue working into our golden years.

Why People are Continuing to Work Past 65

If you’re wondering why working past age 65 is becoming so common, think about how life expectancies have changed over the years. In 1970 the average life expectancy for men was 78. Women were expected to live slightly longer to age 82. Today, those numbers are at 79 and 83 in the UK respectively. Even though we seem to be slowing down, we’re still living longer than before. As a result, it’s becoming more customary to see people working into their 60’s and 70’s. 

Not only are we living longer, but we’re in better health in our 60’s today than we were 50 years ago. Simply put, we are capable of working beyond the previous default retirement age now more than ever.

Reasons to Continue Working in Your Golden Years

You should consider speaking with a doctor to determine if you are healthy enough to continue working past retirement. If that’s the case, here are five reasons why working later in life may be just what the doctor ordered:

You miss working.

Maybe you tried retirement and sitting passively in the rocker on your front porch just wasn’t for you. Going back to work could be the answer.

You’re needed to help others in your family.

If you’re one of those caring individuals who are always there for your family, continuing to work may be a necessity rather than an option.

Your retirement savings just aren’t enough.

Think about those life expectancy statistics again. The longer we live, the more strain we put on our retirement savings.

You want to start your own business.

You’ve worked your entire life for someone else, and now you’re ready to fulfil that dream of starting your own business. Maybe you want to start a blog or website. Whatever your goals, retirement shouldn’t stop you.

You want to continue to have structure in your life.

Working not only keeps you busy as you age, but it also maintains much-needed structure in your life, which reflects positively on your mental and physical health.



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