NEW YORK (MainStreet) — Motivated, driven people who love their work — and paycheck — may find themselves back at a desk before they can make it to the golf course. According to a survey by CareerBuilder, 60% of workers age 60 and older will look for a new job after retiring.
Here's a look at five reasons you may head back to the office after you retire, even if you think you'll love being a pensioner.
1. Pursue an encore career
An encore career allows retirees to pursue a profession that may boost their financial stability while also providing personal fulfillment, and "the trend is catching on," says Erin Bramblett, senior HR specialist at human resources and business solutions provider Insperity.
A recent Encore.org study revealed more than 4.5 million people between the ages of 50 and 70 are involved in encore careers. Popular sectors for these careers include public service, education or other opportunities that allow people to give back.
"They want to do something different, stay inspired, stay informed, but they wont do their day job anymore," says Jason Ting, senior vice president of wealth management at Merrill Lynch.
"Many of them are going to use their skill set to do something for a nonprofit. They want to be able to talk to people, get to know people and learn something from another generation," he explains. "These people may not need to work, but they desperately want to stay up-to-date and feel challenged."
2. Have a purpose