"More retirement" is a concept that refers to a phase in an individual's life characterized by the desire or need to continue working beyond the traditional retirement age, typically in their 60s or 70s, for various reasons. Unlike the conventional idea of retirement, where individuals cease full-time employment and engage in leisure activities, more retirement involves either part-time or flexible work arrangements during this later stage of life.
The term "more retirement" encapsulates the notion that individuals in this phase seek additional benefits by remaining employed. These benefits may include financial security, staying mentally and physically active, maintaining social connections, pursuing personal interests, or simply enjoying the fulfillment derived from work. More retirement can also involve a transition into a different line of work that aligns with the individual's interests or offers a more manageable workload.
The concept of more retirement has gained prominence due to shifting demographics, longer life expectancy, and the changing nature of work. With improvements in healthcare and lifestyles, individuals are leading longer and healthier lives, which prompts many to look for ways to extend their careers or remain engaged in the workforce. Furthermore, due to economic factors, inadequate pension plans, or personal financial goals, many individuals choose to continue working in order to enhance their retirement savings and maintain their desired lifestyle.
In summary, "more retirement" is a term used to describe the trend of individuals choosing to work beyond traditional retirement age, fueled by the aspiration to gain additional benefits, both financial and personal, in order to enjoy a more fulfilling and secure future.
