Your plans all along were to retire early. At a certain age you would stop working and start enjoying your golden years. However things happen and you find that you probably should have continued to work at least a little longer. So now you need to go back to work and you aren’t quite sure how to do it. You are not alone retirees returning to work happens all the time.
What is making you go back to work?
A big issue is health care or lack of it. While you were working you probably enjoyed good health benefits (of course you did have to pay quite a bit for it) and now that you are retired you don’t have that insurance. As you know government insurance such as Medicare doesn’t cover as much as your old insurance policy.
Another reason for heading back to work is money or lack of it. 401k and social security doesn’t pay as much as a salary and your cost of living hasn’t gone down dramatically since your retirement. A bad economy doesn’t help either.
Should you return to the same type of work that you did before?
If you really enjoyed your previous job then it probably wouldn’t be a bad idea to return to something similar to it. But many folks who retire find that returning to work is a great opportunity to seek out a job doing something they always wanted to do. Of course it may not pay as much but you would be happier and that certainly counts for a lot. It will give you a reason not to sleep in.
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Sunday, October 16, 2011
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