Many who have already retired are looking for work!

Every day I find another story about another Boomer who fears that he or she won’t be able to retire until after the age of 70 or more.

Instead of finding a tidy nest egg waiting for them at the end of the work part of life, they are seeing unnerving declines in assets. Not only is their retirement account declining in value, but their home has also lost equity. Many took advantage of the fast rise in housing prices, to refinance and use their equity to buy luxury items or vacations. Now they find that the house is worth less than their mortgage. To cap off the assault, rumors are rampant that Social Security will run out of money in our lifetime. How will we ever make it through old age? These were supposed to be our “Golden Years”!

If Boomers are not delaying their retirement, some, who have already retired, are looking at how to reenter the job market while the jobless rate is near an all time high.  Some fear that they will run out of money later, when they won’t be able to go back to work.

A whole generation of people who were spoiled by the relatively easy money of the 80′s and 90′s are now in a world of concern over what to do next.