Employment is now a part of the retirement experience in the United States, and many newly retired Baby Boomers who are in a position to continue working are doing so for reasons beyond money, says a recent study.
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The study, New Expectations, New Rewards: Work in Retirement for Middle-Income Boomers, was commissioned by the Bankers Life Center for a Secure Retirement and surveyed 1,005 middle-income Boomers and 2,293 retired Boomers aged 51 to 69 with an annual household income between $25,000 and $100,000. The survey by The Blackstone Group established respondent quotas based on the U.S. Census Current Population Survey data for age, gender, and income to obtain a nationally representative sample.
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