If you are a Sacramento caregiver for a senior loved one who is nearing or past retirement age, you may look forward to the day he or she can retire. However, you may be surprised to learn that more and more seniors are waiting to retire or simply don’t want to retire at all. If your loved one is resisting retirement, the following reasons may have something to do with it.
I Enjoy My Job
The old adage “if you enjoy what you do, you’ll never work a day in your life” holds some merit. Many seniors of retirement age have settled in a career they have been satisfied with for a long time. For seniors who really enjoy their careers, the idea of quitting their job may not seem appealing.
I’m Afraid of Being Bored
Worries that the novelty of retirement will wear off is a concern among many seniors. If you’ve ever been on a long vacation from work and felt relieved when you returned, you may have some insight into this common concern. When seniors have spent most of their adult life occupied with work, too much free time can seem daunting. After a while, retirement may start to feel boring and repetitive.
I Like Financial Freedom
Many seniors resist retirement because of the financial freedom work provides. With the exception of a few jobs that provide a pension, most seniors can expect to see a drastic reduction in their income each month after retiring. Generally, even those who paid high rates into social security won’t see sufficient amounts they need to sustain a comfortable lifestyle. Most seniors have to live on a fixed income without raises or bonuses after retiring, which can be detrimental to seniors who require medical coverage or Sacramento home care.
The Benefits Are Better
The benefits offered by employers are often an important reason to hold off retirement. This may be especially true for different types of health insurance. Health insurance coverage offered by employers, for instance, may be more comprehensive and allow more freedom than Medicare. Additionally, working longer may provide a larger 401k or pension and allow seniors to retire with more money.
When your senior loved one does retire, he or she may have trouble knowing navigating the ins and outs of everyday life. With Home Care Assistance, seniors will receive flexible live-in or part-time home care in Sacramento to better manage daily tasks like housekeeping and running errands. Our friendly caregivers offer the emotional support and companionship seniors need to promote overall wellbeing. To secure your loved one’s golden years, contact us at 916.706.0169 today and schedule a no-obligation consultation.