These days more and more individuals are deciding to continue working beyond traditional retirement age. Between 2007 and 2012, reports show that the number of people in the work force age 55 and older rose over 18%. Many seniors are delaying retirement because they need the money or benefits, and others simply love their job or want to remain active. Unfortunately, the current recession has made it difficult to afford retirement for those who may have originally planned to do so at the traditional age. However, working later in life offers many other benefits besides financial support. Often our sense of community and social connections are related to the work that we do. Working into our later years can preserve that sense of involvement and active lifestyle.
If you are a senior considering the possibility of working beyond traditional retirement age, it is important to consider that some cities offer better employment opportunities to older workers than others. For example, the Washington D.C. metro area currently has the highest senior-worker employment rate in the country. Many other state capitals also have some of the highest rates of senior employment.
The healthcare industry also offers many opportunities for senior employees and areas with major medical facilities are a good place to consider. States like Connecticut, Oregon, and Maine each have cities that offer great health care related employment opportunities.
Once you have a job when you are close to retirement age, hold on to it! Unemployed older workers tend to have a more difficult time than younger people finding a new job. Unfortunately, age discrimination is a barrier that older job seekers face, and senior workers often do not have the skills that employers are looking for today.