More Americans Are Saying No to Full-Time Retirement

Increasingly, people say they plan to keep working their entire lives.

older woman in a work meeting
(Image credit: Getty Images)

The idea of retirement as a long vacation after 40 years on the job may be on its way out. More and more Americans are enjoying second acts and envisioning retired life as just a later phase of their working lives. 

According to new research from Empower, a financial services company, over half (58%) of Americans (64% of Baby Boomers and Gen Xers) may be in the job market post-retirement and are open to working indefinitely — and the reasons aren’t purely financial. Would-be working retirees are motivated by values such as personal fulfillment (41%) and having a sense of purpose (37%), as much as potential financial needs (40%).

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

David Crook
Editor, Kiplinger's Retirement Report

David Crook is an innovative editor and developer of print and online publications on a wide variety of subjects, from real estate to show business, finance to politics. Prior to joining Kiplinger, David invented, launched and edited “The Wall Street Journal Sunday” — the largest- circulation business print publication in U.S. history. David is also the author of The Journal’s “Complete Real Estate Investing Guidebook” and “Complete Home Owner’s Guidebook.” 

Prior to the 1999 launch of Sunday Journal, David was on the team that introduced the paper’s highly successful Weekend Journal effort, expanding the world’s premier business newspaper from five days a week to six. Before joining The Journal in New York in 1995, David was managing editor of a group of suburban Los Angeles newspapers, and, before that, a writer and deputy editor for the Los Angeles Times arts and entertainment department. 

Before that, he was reporter and editor in Washington, D.C., for what is today known as Broadcasting and Cable magazine. In 2017, he co-founded, a news website focused on national political matters. David received a Bachelor of Arts with Honors from Tulane University, New Orleans.