People working into retirement age on the rise | News
JACKSONVILLE, Fla. -- The number of people who work past the traditional retirement age is on the rise, according to research from the AARP Public Policy Institute.
Instead of enjoying retirement, Linda Sacco is spending her retirement on the computer, looking for her next career opportunity. She dedicated her life to educating others.
"I was a teacher for 38 years in the Mohave Dessert up by Death Valley in California," Sacco explained. And after all those decades in the classroom, she had always imagined a work-free retirement. She said, "That was kind of the plan, yes."
But now, like so many other Americans, Sacco spends her carefree retirement days, caring about something big. "I have to pay for my own medical expenses, and not knowing what that might be in the future, I decided I wanted to have some other employment in addition to my retirement," Sacco said.
According to the AARP Public Policy Institute, the numbers are staggering. People who are older than Sacco, in the 75 plus age are even getting back to work. The numbers of those workers jumped more than 75 percent over the past 20 years.
The study cites the need for more money and fears of rising medical costs. There's also the group who just love their jobs. Sacco said, "I've had to modify the things I do."
And to make matters worse for Sacco, she said since she taught school in California, there was a program where teachers were not allowed to participate in social security, so all she has is her pension, and now, future of uncertainty. "I don't think the future is very bright out there," she added.
According to WorkSource Florida, mature workers have an advantage because they bring talent and credentials. First For You, Sacco is taking advantage of some of their programs. They have workshops specifically for people who retire and need to get back to work.