Finding Your Encore Career Featuring Harriet Edleson

Four years ago, during the pandemic, older workers began exiting the workforce in large numbers. The Bureau of Labor Statistics reports that more individuals aged 65 and older left the workforce in 2020 than any year since 1948, when the U.S. started tracking the data. Many of those who left during the early part of the pandemic have returned to work since then; more than half, according to a paper by T. Rowe Price Thought Leadership Director Judith Ward, a Certified Financial Planner. Of the 2.4 million additional people who retired in 2020, 1.5 million had "unretired" by March 2022. These figures indicate a trend of older workers retiring and subsequently deciding to return to work for various reasons, including seeking income or mental stimulation. In this episode Harriet Edleson shares insights from her article “Finding Your Encore Career” published earlier this year in the online newsletter Next Avenue, "featuring news, advice, information, conversations and stories curated for people over 50”. Her article includes retirees, some aged 73, discussing strategies for how and why they returned to the workforce. Edleson also authored the book “12 Ways to Retire on Less: Planning an Affordable Future”. She is a former staff writer, editor, and producer for AARP, and has written for The New York Times, The Washington Post, and Kiplinger's Retirement Report.