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Educated seniors continue to work more

A recent study revealed that highly educated seniors are more likely to continue working past the traditional retirement age of 65.

This may be because jobs requiring higher levels of education are usually less physically demanding, so physical limitations that are normally associated with an older person may be less likely to lead to retirement.

A second reason may be that many of the jobs done by well-educated workers lend themselves to flexible working arrangements – such as working from home, or working part time.

In any case, the decision to continue working after retirement will often depend on a number of factors such as health, income, and debt levels. People who retire still carrying a mortgage or other debts will most likely look for work. Others with a reasonable financial situation will perhaps look for a more entrepreneurial venue to earn some extra money and enjoy themselves.

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