Wednesday, February 8, 2012

Money & Business

7 Reasons NOT to Retire

Retirement? Fuhgeddaboudit. Working longer could be better for you--and your wallet

Posted 6/4/06

Admit it. Golf doesn't really hold that much allure. Soaking up the sun day after day in Florida? Nah. What gets you going each morning is your work. Sure, it would be nice not to have such a long commute. Maybe a couple of extra days off a week would be cool, too, to catch up on chores or take in a matinee.

Well, guess what? You're not alone. More and more present and future retirees are finding that the traditional idea of retirement is passe. What's more, there's plenty of evidence that keeping your hand in the game, or even finding a new calling, will yield a longer, healthier, and happier latter stage of your life.

And given rising healthcare costs, that adult child who suddenly has returned home, or the aging parent who needs care, working a little longer may well be as much a need as a want.

Read on to find out the best reasons you shouldn't retire.

This story appears in the June 12, 2006 print edition of U.S. News & World Report.

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