You probably know that most people go straight into retirement from full-time work, but did you know that two in five retirees would be interested in continuing to work? Not only can jumping into full-time retirement be less fulfilling, but it also might be a bit boring, unless you have done extensive planning for your retirement. Ask 11% of those in retirement who have looked for a job. Going headfirst into full retirement can also be bad for your health. According to the National Bureau of Economic Research (NBER), people who went straight into full-time retirement saw up to a 16% decrease in mobility and up to a 9% decrease in mental health within the first 6 years of retirement. So how do we stave off the decline that going into full retirement brings? The answer
Phased retirement is a transition to retirement consisting of reduced hours and responsibilities at your present employment. Bridge jobs are another option for when phased retirement is not offered. Bridge jobs are a short term job taken before retiring completely. An NBER survey of people 55 years and older showed that 38% of the respondents had a bridge job. About one-third of those respondents holding a bridge job were looking for less responsibility and an end in site. So what can we, as assisted living providers, do to help older Americans continue to work, whether for pleasure or necessity?
In our 20 years of assisted living experience in Utah County, and at Bel Aire Senior Living, we have learned first hand that many retirees either need to or would not mind doing some form of periodic work. In addition to giving someone purpose and responsibility, the opportunity to work is not regularly found in assisted living environments. At Bel
These modular office spaces will be rented for a nominal monthly fee for
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1088 E 390 S
American Fork, UT 84003