Posted 3/6/2024, 12:43:00 PM

Inflation Squeezes Seniors' Budgets, Forcing Millions Back Into Workforce

Millions of seniors are returning to the workforce due to higher costs of living and inflation
A survey found 1 in 8 retired Americans aged 62-85 will likely start working again this year
61% said they are being squeezed by inflation and rising costs
Some are going back to work due to insufficient retirement savings or to pay off debts
Alternatives like part-time work, side hustles, and investing can also boost income

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