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Saving Advice
Saving Advice
Drew Blankenship

“Un-Retiring” Becomes the New Normal: Nearly 1 in 5 Seniors Is Back in the Workforce as Living Costs Outpace Social Security

un-retiring
More Americans are “un-retiring” as a result of higher costs and low Social Security raises. BearFotos/Shutterstock

Retirement used to represent freedom after decades of hard work, but for many older Americans, that picture is changing fast. Rising grocery bills, climbing insurance premiums, and higher housing costs are pushing more seniors back into the workforce even after they have already retired. Recent labor force data show that nearly 20% of Americans over 65 are still working in some capacity, while surveys reveal a growing number of retirees are actively “un-retiring” because Social Security no longer stretches far enough. Is this trend really becoming the new normal? Here’s what the data says.

Why More Seniors Are Returning to Work After Retirement

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