Why More Retirees Might Come Out of Retirement

It’s often not solely because of financial reasons, but because of a lack of purpose in retirement. This financial expert can relate.

An older woman talks with a co-worker while sitting at a conference room table.
(Image credit: Getty Images)

With ongoing inflation, high interest rates and volatility continuing to impact the market, it isn’t hard to see why Americans are increasingly concerned about outliving their nest egg. As a result, many are rethinking their retirement.

According to a recent survey from F&G, half (50%) of pre-retired and retired Americans are considering delaying or coming out of retirement. Financial factors are certainly a reason, with 52% of pre-retirees worried they won’t have enough money in retirement, and 42% of retirees worried about inflation. But money doesn’t tell the whole story, as the report also revealed that many Americans are returning to work for non-financial reasons — something that I can relate to as well.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Chris Blunt
President and CEO, F&G

For more than 30 years, Chris Blunt has held senior leadership positions at several major insurance and financial services companies. He joined F&G in 2019 and currently serves as the Chief Executive Officer. Prior to that, he served as Chief Executive Officer at Blackstone Insurance Solutions and spent nearly 13 years at New York Life in a variety of executive roles.