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Why So Many Boomers Are ‘Unretiring’ — and Not Just for the Money
Yahoo Finance· 2025-09-27 12:17
Core Insights - A growing trend among retired baby boomers is "unretirement," where they return to work for various reasons, including financial needs and personal fulfillment [1][2] Group 1: Economic Factors - Economic concerns such as inflation, rising living costs, and market volatility are driving some boomers to re-enter the workforce [2] - However, financial reasons are not the only motivators; many seek social engagement and mental stimulation [2] Group 2: Entrepreneurial Spirit - Many baby boomers view retirement as an opportunity for a "second act," with some starting their own businesses [3][4] - These "second-act entrepreneurs" leverage their previous work experience to create meaningful and profitable ventures [4] Group 3: Social Connections - Retirement can lead to feelings of boredom and isolation, prompting boomers to seek renewed purpose through work [5]