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Older Americans who need to unretire are starting businesses, earning $15 an hour, or struggling to find anything at all
Business insider ^ | 26th April 2025 | Noah shieldlower, Jacob Zinkula

Posted on 04/27/2025 8:38:15 PM PDT by Cronos

Sharon Tagle thought her finances were in order when she retired seven years ago. However, she recently returned work.

In December, the 68-year-old got a job at Home Depot as a cashier working 20 hours a week. She said her concerns about inflation and a failed home sale influenced her decision. She earns $15 hourly and expects to work for the next few months, longer if her financial conditions remain tight.

"I'm sorry that I left my job as soon as I did, but things were getting to me, and I just didn't want to work anymore," Tagle, who lives in Tampa, Florida, said. "I was not as frugal as I could have been. We're still having a good time, just not having it as much."

...Moira MacLean, 69, retired as a social assistance case manager 2 ยฝ years ago, though she knew she would have to return to work at some point. The former lawyer, who lives in a community for older folks, left her position when she feared her company wouldn't let her work part time because she was fatigued.

MacLean, who lives in Washington, was getting by with savings and her $2,280 monthly Social Security payments, but with her money dwindling, she put herself back on the job market over the past few months in search of a similar role. She hasn't had luck yet, and she feels her age and time away from the office haven't helped her applications.

...Hovland, who also lives in Washington, worked as a medical transcriber until around 2005 when a health issue put her in a coma for three months and forced her into retirement. She relied on disability income until around 2020, when her benefits converted to Social Security income โ€” she said she gets a check for $1,099 monthly.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy
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Think twice before retiring
1 posted on 04/27/2025 8:38:15 PM PDT by Cronos
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To: Cronos

If you do retire, start a business. Not needing an income, because you have one, makes starting a business almost risk free. It’s also not taxable, if you aren’t drawing from it if the income from the business is being put back into the business.


2 posted on 04/27/2025 8:41:32 PM PDT by Jonty30 (I can promise I can land any plane that is in the air, because gravity only moves in one direction.)
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To: Cronos

>Think twice before retiring

Think twice before trusting MSM financial journalism especially now. Everything was roses but now, oh now, the elderly suffer, the poor are struggling, the middle-class is burdened.

Yea, here’s a surprise; people who barely made ends meet got swamped by Bidenflation. The person who gets $1k monthly in 2020 in a left-wing state was invisible until Orange Man Bad resumed office.

Same schemes as when the homeless vaporized for Clinton only to reappear in articles in 2001.


3 posted on 04/27/2025 8:44:55 PM PDT by No.6
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To: Cronos

You can get $25/hour here just for driving a school bus.


4 posted on 04/27/2025 8:49:52 PM PDT by Repeal The 17th (Get out of the matrix and get a real life.)
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To: Cronos
I am thinking of unretiring, but they'd need to pay me $150+ more than from when I retired. Otherwise I will just continue to enjoy the beer.

NAJA'S PLACE, Redondo Beach - Restaurant Reviews, Photos & Phone Number -  Tripadvisor
5 posted on 04/27/2025 8:52:31 PM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: Cronos

Mrs rktman sells her “art” and I play music to add a little extra. Lucky she starts her SS in June at 62. I’ve been getting mine since 2011. Now 78 in june. I will still be rockin’ until I cant. ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ‘


6 posted on 04/27/2025 8:54:29 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: Repeal The 17th

that sounds like fun

do they have any without kids?


7 posted on 04/27/2025 9:05:28 PM PDT by joshua c
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To: Cronos

Think twice before retiring.

******************************************

I did. Retired a little late, 68 instead of 65. I was still having fun at the job, just finally got tired. Cramming 48 or 50 hours into four days (commute and workweek) finally got to me. Got a pension, social security, small mortgage. Sitting pretty good - not rich, but comfortable.

The bidenflation did cause a little tightening on the belt but nothing major. I do understand the problems the demented one caused to the lower income folks. My grocery spending went from about 5800 to 8800 a year. Got the records to prove it.

I’m getting bored though, half-assed looking for work. Can’t do public-facing work; about the third idiot I’d be reaching across the counter to strangle them. That’ll just get you talked about....

Got a low tolerance for stupid.


8 posted on 04/27/2025 9:10:35 PM PDT by dagunk (-- Unknown)
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To: Cronos

I’m starting to think about starting a Road Kill Food Truck. People will eat anything these days.


9 posted on 04/27/2025 9:39:32 PM PDT by FlingWingFlyer (The U.S. "Judiciary. Putting Foreign Illegal Aliens Criminals first. They are here ILLEGALLY!)
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To: dagunk

I hope those of us on the older side of things will “work” at building up the next generation. Teach Eddy Eagle, be a Boys Brigade leader, teach Sunday School or help the local private school, volunteer at the pregnancy center (clothing? repairs? events?), ALL y”ALL should be a committeeman on your county’s Rep. Party. . .


10 posted on 04/27/2025 9:45:42 PM PDT by Persevero (You cannot comply your way out of tyranny. )
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To: Cronos

I’m seeing a lot of older people working - not everyone at Starbucks is young anymore and we have some fairly old cashiers at our grocery store. I think it’s a good thing to be out and about....better than sitting in front of the TV.


11 posted on 04/27/2025 10:07:43 PM PDT by Aria (Voted for Trump 2016, 2020 & 10/22/2024 )
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To: Cronos

If needing a part time job to pay your normal living expenses is part of your retirement plan, your plan sucks.


12 posted on 04/27/2025 10:13:25 PM PDT by fatboy (')
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To: Cronos

Yeah you know, b3cause things were really great under Biden when prices on everything doubled, and people were losing their jobs by the 1000’s as businesses folded because of bidens tyranical covid rules, but now that prices are goj g down again, elderly are in desperate straights? Gimme a break.


13 posted on 04/27/2025 10:33:25 PM PDT by Bob434 (Time flies like an arrow, fruit flies like a banana)
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To: Cronos

Florida is great to retire. But definitely have way more money than you think you need. Many have the impression itโ€™s cheaper to live here. Not on your life. Itโ€™s rather expensive in many areas. The biggest is insurance for auto and home. Food is more expensive and gas is as well. Iโ€™m not sure why gas is so much more here. I hear many all over the country say they are below three dollars. Florida is not near under 3 dollars yet.


14 posted on 04/27/2025 10:45:55 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: Bob434

Where are prices going down? The grocery store? Nope!


15 posted on 04/27/2025 10:49:20 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: napscoordinator

Yup- has prices falling, food prices just beginning to drop- this Wil, ripple outwards in a few months, expand as delivery prices decrease with lower fuel. We just went through 4 years of hell financially. It’s not gonna flip back to prevent Biden prices overnight, but it is beginning to turn back


16 posted on 04/28/2025 12:08:50 AM PDT by Bob434 (Time flies like an arrow, fruit flies like a banana)
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To: Cronos

Strange how Business Insider never worries how retirees make ends meet under the Demoncrats!


17 posted on 04/28/2025 12:36:05 AM PDT by Mr Radical (In times of universal deceit, telling the truth is a revolutionary act.)
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To: Cronos
Sharon Tagle thought her finances were in order when she retired seven years ago. However, she recently returned work.

In December, the 68-year-old got a job at Home Depot as a cashier working 20 hours a week. She said her concerns about inflation and a failed home sale influenced her decision. She earns $15 hourly and expects to work for the next few months, longer if her financial conditions remain tight.

"I'm sorry that I left my job as soon as I did, but things were getting to me, and I just didn't want to work anymore," Tagle, who lives in Tampa, Florida, said. "I was not as frugal as I could have been. We're still having a good time, just not having it as much."


I wonder if this is the new Home Depot cashier in the article; she moved to Florida from New Jersey, retired, not a fan of DeSantis; met second husband who was from Tampa; apparently likes publicity in news articles.

And then about five or six years ago, the huge influx started of people moving into Florida, and then COVID didn't help it any because DeSantis opened up the state to all comers and things started getting crazy.
18 posted on 04/28/2025 12:59:29 AM PDT by af_vet_1981 ( The bus came by and I got on, That's when it all began.)
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To: Cronos
Why?
More like look after your finances throughout your life, you'll be fine when you retire.
This indirectly anti Trump hit piece from the German owned Business Insider shouldn't move any prudent conservatives.
19 posted on 04/28/2025 1:58:38 AM PDT by SmokingJoe
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To: Cronos

Business Insider is a leftist piece of trash. Until four months ago it was Unicorns and Skittle Raindows for all.

Having said that, it isn’t all that hard to make a little extra income. Many people sell on Etsy crafts they make or garage sell finds. I sell vinyl records, music related posters but now mostly classic car parts for old Japanese cars on eBay. I buy the parts directly from Japan and turn them around. You don’t even need to leave the house as I do the packaging and print my shipping labels through eBay online.

Last year after Uncle Sam got done with me the net was enough to pay for six months of Mortgage. (Granted the Mortgage is only 1k a month) I do it more so to keep busy and not while away the time in front of the TV all day although I can do that as well while online buying and selling parts, LOL.

Here in the People’s Republic of Kalifornia it’s $20 an hr. to start for the difficult task of dropping fries in hot oil.

I hit full SS retirement age 66, 8 months this fall so I’ll start taking that but won’t be stopping the eBay gig.


20 posted on 04/28/2025 2:13:43 AM PDT by DAC21
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