Now more than ever, Americans are delaying—or working into—retirement. According to the Bureau of Labor Statistics, adults past the traditional retirement age of 60-70 will soon be the fastest-growing segment of the workforce. Whether these adults choose to continue their long-time career or start over with something new after retirement, it’s clear that people are continuing to work later in life.
As you weigh the decision of retiring, one thing to consider is the idea of moving to a senior living community. While many consider this option as a step after retirement, do not underestimate the benefits of an independent living community before you retire. Independent living communities can be extremely beneficial to the lifestyle of older adults who are still in the workforce.
Franklin Park® Senior Living is proud to have independent living communities throughout the San Antonio, Texas, area. We’re sharing some information on why older adults choose to continue working into their retirement years, and how living at a Franklin Park® Independent Living community can make their lives easier while they do so!
Reasons for Working Into Retirement
Additional Income and Benefits
According to an Insured Retirement Institute survey, only 24% of Baby Boomers are confident that they will have enough savings to last them through retirement. Working into retirement can be an effective way to maintain your savings while making some extra income.
Continuing to work into retirement can also be a great way to remain eligible for health insurance and other benefits, including delaying Social Security benefits.
Social and Mental Benefits
Having a job into retirement, even if it’s part-time, also provides social opportunities. Many people find that it can be easy to feel lonely or isolated during their retirement years, but having a job can combat them. Whether you’re going into an office, interacting with people over the phone, or even serving coffee, working into retirement can provide a sense of community and social interaction.
There are also several mental benefits of continuing to work. It can be valuable for your overall health by keeping your mind sharp and engaged, as well as promoting continuous learning.
Sense of Purpose
Some people find that after they retire, it can be hard to find a sense of accomplishment and structure to their days. Having a job or responsibility can give you a sense of purpose and fulfillment, without the long hours and commitment of a full-time job.
Working While Living in a Retirement Community
It may seem like a conflicting idea to continue working after moving to a retirement community, but independent living communities create a lifestyle that makes it easy for older adults to stay active in the workforce.
Franklin Park® Independent Living Communities provide residents with a lifestyle that focuses on comfort and ease, creating the perfect environment for both adults who want to work and those who want to relax.
Maintenance-Free
At Franklin Park® retirement communities, we offer services that make your life as easy as possible, including housekeeping services, maintenance, and landscaping. Without the worry of home and yard upkeep, you have more time and energy to devote to work – or whatever else is important to you.
All-Inclusive Lifestyle
Our amenity offerings are designed to provide you with everything you might need, all within the community. After a long day of work, you don’t need to worry about cooking dinner, driving to the gym, or scheduling a haircut. All of these services are offered to you at Franklin Park®! By providing an all-inclusive lifestyle, you can focus on work, and we’ll take care of the rest.
Community Events and Activities
Franklin Park® communities encourage an active and social lifestyle. Our programs, classes, and events can be a great way to unwind after a day of work. These activities can excite, engage, and entertain you so that you are fresh and ready when you go back to work.
Working at Any Age
If you are considering living in a retirement community, it doesn’t mean you have to retire! Independent Living communities offer many amenities and services that promote a healthy work-life balance for individuals who choose to continue working. For those who choose not to work, independent living communities can be a fun and rewarding place to spend your retirement.
Franklin Park® Independent Living communities offer resort-style senior living throughout the San Antonio, Texas, area. We are committed to providing our residents with the tools they need to ensure a happy and healthy life.
For more information on independent living services at Franklin Park®, contact us today!