The 'un-retirement' trend affecting healthcare: 4 things to know

Kelly Gooch - Print  | 

Many Americans, including those in healthcare, embrace retirement with open arms after decades in the workforce. But more people are coming out of retirement because they miss doing their work, according to a Kaiser Health News report.   

Here are four things to know about this "un-retirement" trend.

1. A 2017 Rand Corp. study shows more than half of Americans age 50 and older who were not working and not looking for work said they would work in the future under the right circumstances. And it showed a large number of Americans already have done this, as 39 percent of workers age 65 and older who were currently working had previously retired.

2. The reasoning behind this "un-retirement" trend is not based on money but rather people working again because they miss the collegiality, challenges and accomplishments, according to the report.

3. In fact, Chris Farrell, author of "Unretirement: How Baby Boomers Are Changing the Way We Think About Work, Community and the Good Life," told KHN retirees cite colleagues as the primary thing they miss most about life before they retired.

4. Various healthcare professionals are part of the "un-retirement" trend. For instance, Tim Franson, 66, former vice president at drugmaker Eli Lilly, tried retirement but now serves as a consultant and on multiple boards, the report states.

Read the full KHN report here.



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