Ron Levitt could have retired 16 years ago when he sold hisbustling optometry practice in Rocky Hill, Connecticut. Instead, hekept his white coat on, found two part-time gigs seeing patientsand continued working.
Today, at 74, Levitt spends all of the money he earns onvacations with his wife and golf-club memberships. Aside from theextra cash, Levitt says it also keeps boredom at bay.
A rising share of Americans is holding jobs into their goldenyears, bucking the overall trend of people leaving thelabor force that is concerning Federal Reserve policy makers tryingto boost growth. As the elderly continue to work, their paychecksare fueling spending and contributing to the U.S. economicexpansion.
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