FRA No Longer Means Exiting the Workplace for Many
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Attaining the coveted FRA (Social Security’s acronym for Full Retirement Age) once meant it was time to step away from work life and enter a world of total relaxation, travel, and pursuit of hobbies. These days, according to a CareerBuilder study, that attitude has shifted in the direction of a phase called the “encore career” in which retirees embark on the next phase of their working life. Whether it’s driven by financial need or a simple interest in downsizing or trying something new, the survey found that “nearly 60 percent of workers who are 60 or older anticipate looking for a new job after retiring.” Forbes contributor Christopher Young examines this shift in thinking in an article posted today on www.forbes.com. Read the article here…