The Great Unretirement? Inflation Forces Some Retirees to Return to Work

By

Kenneth Terrell,

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Rising prices are leading some retirees to think about heading back to work.

According to a survey from ResumeBuilder.com, 1 out of 5 retirees say they are likely to start working again this year. Among that group, 69 percent cited the growing costs of living as

their reason for resuming their careers. Faced with the highest inflation in decades, some retirees are reconsidering whether they left their jobs too soon.

“There is no longer a retirement age, and people want to be engaged longer,” says Stacie Haller, a career consultant with ResumeBuilder. “Others are returning to the workplace for financial

reasons, and in this new work world, there are now more options for them to return with the advent of remote work [and] more part-time work for older workers who cannot commit to a full

workweek.”

ResumeBuilder conducted the online survey of 800 participants at the end of March. Each respondent was at least 54 years old and retired.