Boomers are either retired or approaching retirement. And with the retirement landscape having dramatically changed in the past few years, some of them decided to “unretire” as well.
Discover: Here’s the Average Retirement Age in 2023 for Men vs. Women
Read More: 3 Ways To Recession-Proof Your Retirement
Indeed, inflation and rising rates have put a strain on Americans’ savings and have put retirement planning on the back burner for many.
In turn, Nationwide’s eighth annual Advisor Authority Survey found that 25% of pre-retirees (non-retired Americans) aged 55 to 65 said they are planning to retire later than expected, and another 15% are unsure if they will ever retire. What’s more, an F&G Annuities & Life survey found that 44% of U.S. retirees or former retirees have unretired or are considering returning to work.
While many of them said that the financial challenges they face push them to take that step, 50% cited they enjoy the intellectual stimulation from working and 36% say they don’t want to feel a lack of purpose, according to the survey.
However, life doesn’t have to be lived at the same pace during the golden years, and taking a low-stress job might be the way to go about it.
“According to analysis by the St. Louis Fed, the pandemic pushed more than 3 million baby boomers into premature retirement. It makes sense that some may want to return to work, but not at the same stressful levels as before,” said Scott Lieberman, founder of TouchdownMoney.com.
Here are some low-stress jobs boomers can take on, according to experts.
5 Cities Becoming Popular With Baby Boomers: Are They Right for Your Retirement Years?
Dog Walker
Gig economy platforms such as Rover are always eager to hire dog walkers and pet sitters, said Nathan Brunner, CEO at Salarship.
“Becoming a dog walker is the ideal stress-relieving job for baby boomers. Spending time outdoors while walking dogs allows them to enjoy the benefits of fresh air and physical activity, which are known to alleviate stress and promote overall well-being,” said Brunner.
Online Tutor
Online tutoring is another low-stress job for boomers who want to pass the torch to the next generation.
“Working remotely from the comfort of their homes eliminates the stress of commuting. Additionally, tutors can have flexible working hours, enabling them to maintain a healthy work-life balance,” said Brunner.
Librarian
Boomers who appreciate reading and have a knack for organization will find librarian jobs enjoyable and fulfilling.
“This profession takes place in quiet and peaceful environments, contributing to reduced stress levels,” added Brunner. “Furthermore, many libraries offer stable, long-term employment opportunities, providing job security for Boomers seeking consistent income.”