A growing number of seniors are choosing to reenter the workforce, defying traditional retirement norms. This trend is driven by a combination of financial needs, social connections, and personal fulfillment.
As the cost of living continues to increase, many seniors are finding it difficult to make ends meet on their fixed income. In Florida, the rising cost of insurance premiums and HOA fees are particularly burdensome for retirees living on a tight budget. Homeowners are facing higher premiums for property insurance, and HOA fees are increasing to cover rising maintenance costs. To offset these expenses, many seniors are returning to work to supplement their income.
In Tamarac, Florida, Commissioner Marlon D. Bolton recognizes the issue and is taking action. At the Monday, February 12th City Commission workshop, Bolton advocated for using the American Rescue Plan Act (ARPA) funds to help seniors and working families pay their eligible bills. The Commission agreed, so, approximately $705,000 is now available to help residents, not just seniors, who are behind on their eligible bills.
Those who are behind on rent and mortgage can apply. Also, residents faced with roof repair costs due to insurance requirements, and HOA and Condo assessments and fees could be eligible.
Commissioner Bolton acknowledges work provides seniors with a sense of purpose and fulfillment. Many retirees miss the structure and meaning that work provided in their lives. He says returning to work allows them to continue contributing and making a difference, which is essential for mental and emotional well-being. “But at the same time,” he said, “these should be years when seniors enjoy their lives and shouldn’t have to worry about having to work.”
Employers also recognize the value of older workers, who bring a wealth of experience, knowledge, and skills to the workplace. Many companies are now actively recruiting and retaining older workers, offering flexible schedules and age-friendly work environments.
Social connections play a significant role in seniors’ decision to return to work, too. After years of retirement, many seniors begin to feel isolated and disconnected from their communities. Returning to work provides an opportunity to reengage with others, build new relationships, and alleviate feelings of loneliness.
Bolton is also tackling the issue of social connections for seniors in the city. To address this, he launched the Senior Games Tour, where seniors can meet other seniors at their clubhouses, play games, eat good food, and learn about city services available to them. This initiative aims to alleviate feelings of loneliness and isolation, providing a sense of community and purpose.
