Outside the Box: The positives — and surprising negatives — of an encore career [MarketWatch]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: MarketWatch
Opinion: The positives — and surprising negatives — of an encore career As more baby boomers reach the typical retirement age in good health, the very notion of a typical retirement age is becoming harder to pin down. In fact, the percentage of those aged 65 and older in the workforce has grown by 117% over the last two decades, a trend that’s set to continue for the foreseeable future. While some seniors may opt to stay in their primary roles, others see their 60s and 70s as an opportunity to start a second act in a brand new career or contribute on their terms to the side-gig economy. In addition to personal fulfillment, an encore career can offer you financial flexibility and employer-sponsored benefits. On the other hand, there are some important tax and other financial considerations to understand before taking this route. Here’s what you need to know if you’re thinking of launching a “postretirement” career. Between medical advances and healthier lifestyle choices, longevity has
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