44% of retirees receiving Social Security benefits consider returning to work due to insufficient benefits.
44% of retirees receiving Social Security benefits are considering returning to work due to insufficient benefits, as personal savings and pensions are often scarce in today's workforce. Since 2010, Social Security's buying power has dropped 20%, and the program's trust funds are projected to be depleted by 2035, leading to a reduction in benefits. This financial strain has prompted many retirees to seek part-time or remote work to cover basic expenses.
August 24, 2024
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