They get bored. You see, for past generations, retirement was a three-legged stool, comprised of Social Security, pensions and investment income. In today s environment, that stool is more like a chair, with the fourth leg being an earned income. Notice that I didn t call it work. That s something a lot of people do after leaving school.
Earned income is different from work.
This is a critical development, and a substantial shift from what used to happen to retirees. You see, a generation ago, shortly after a person retired, something very different would happen. I ve seen it countless times when my clients retire. After all, leaving your job, the one you ve been doing for the past 40 years or more, is a major event. It s hard to think of anything else you ve done for as long as that.