Baby boomers could be in for a rude awakening when theyretire—they’re planning on working once they hit retirement age,but they’re overestimating both potential pay and jobflexibility.
That’s according to a new study from the Bankers Life Center fora Secure Retirement titled “New Expectations, New Rewards: Work inRetirement for Middle-Income Boomers,” which found that although 60percent of boomers are planning on that after-retirement job, and more thanhalf of nonretirees say they’re willing to take a pay cut to haveit, their expectations are too high.
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