There's nothing that makes the hair on the back of my neck stand on end as much as when I read that you need x% of your pre-retirement income in retirement. Ok, fingernails on a chalkboard, and teeth scraping on metal, but after those. Your retirement budget depends on how much you spend, not how much you earn. And these two things are not necessarily correlated. A couple weeks ago I wrote about that at U.S. News & World Report, How to Spot Bad Retirement Advice.
This week I wrote about why so many people are deciding to work a little in retirement. Sure the extra money is nice, but when the decision of whether to work or not is totally up to you, people find it a lot more enjoyable than they did before they "retired."
For some of the other benefits of working, David Ning came up with 5 Reasons to Work in Retirement, also over at U.S. News.
Need some more? Bill Birnbaum adds intellectual stimulation to his list, Seven Reasons Why A Retiree May Need to Work.
And for ideas for a part-time retirement job, Bankrate has a few: 10 Part-Time Jobs for Retirees. Number one: Consult or freelance. I'm with you there!
This is a post from Retirement: A Full-Time Job