Filed Under:Life Insurance, Prospecting

People, employers ready for work after retirement

Melissa Fodor, right, who retired from her job as a travel agent but has been forced to re-enter the work force as a certified nursing assistant to make ends meet, checks the blood pressure of Lorraine Somme in her home (AP Images)
Melissa Fodor, right, who retired from her job as a travel agent but has been forced to re-enter the work force as a certified nursing assistant to make ends meet, checks the blood pressure of Lorraine Somme in her home (AP Images)

Sixty percent of workers age 60 and up stated that they would look for new employment opportunities after retiring from their current company, up from 57 percent last year.

The findings are part of a “new normal” and the financial crisis that decimated many people’s savings is not the only factor that can be blamed. As the switch was made from defined benefit plans to defined contribution plans, there was, unsurprisingly, a learning curve. Many individuals did not have adequate savings before they were cut even lower by the financial crisis.

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Nichole Morford

Nichole Morford
Managing Editor

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