Millions of retirees returning to part- and full-time work in search of financial and emotional benefits

BALTIMORE, Sept. 19, 2023 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, published a report entitled "Unretiring": Why Recent Retirees Want to Go Back to Work. While the COVID-19 pandemic may have created an unusually large wave of retirees who have subsequently returned to the workforce, the study found the trend of returning to work in retirement is continuing to grow¹. Of those who consider themselves retired, the report shows that 20% work either part- or full- time, while another 7% of respondents reported looking for employment, post pandemic².