Why to Not Work in Retirement

Last week, I wrote Why Work in Retirement. This week I offer some reasons on why to not work in retirement.

Earnings not needed. In retirement, living expenses are covered by income from pensions, savings or Social Security. Income from work isn't required. Why do something that is not needed?

More personal time. Work interferes with personal time. Work requires commitment to deadlines, schedules and work shifts. Days off need to be requested. Time flexibility is reduced. Working hours become the priority in the retiree's schedule.

Less stress. Work can create unwanted stress. Poor supervisors, demanding schedules, incompatible colleagues, and poor working conditions can create higher stress. These types of stress can be avoided by not work.

For me, the most compelling reason not to work during retirement is the increase in personal time which I can invest in personal development and more family activities.

For more on Reaping the Rewards, check back every Friday for a new segment.

This is not financial or retirement advice. Please consult a professional advisor.

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