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US. Working in Retirement? Here’s Why It’s Great — and Why It’s Really Not
Retirement can mean different things to different people. For some, it’s the time to travel the world and do the things they’ve always wanted but never had the chance to do. For others, it’s the time to do absolutely nothing after working for decades. And for other people, it could mean continuing to work, just at their own discretion.
There are no rules about the right way to retire. So if you somehow find yourself working during retirement, it’s not necessarily a bad thing. It could have some unintended consequences, though.
Be prepared
Nobody knows exactly how much money they’ll need in retirement because different lifestyles will require different financial considerations. The best thing you can do is try to be financially prepared for your personal situation.
If you’ve envisioned a certain retirement for yourself, there’s nothing wrong with doing what it takes to make it happen, including returning to work. Maybe saving for traveling wasn’t a priority before, but you suddenly get the urge and realize you could use a few extra dollars to make it happen.
Read more @The Motley Fool
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