All right. Inflation continuing to squeeze more Americans out of
retirement.
A recent survey from resumebuilder.com reveals one in eight people
who retire plan to return to work this year,
largely as a result of high costs,
inflation and insufficient savings. Our next guest retired back in
2019,
five years ago, but is back working today at the
age of 70.
Her name is Joyce Fleming.
She's from Pennsylvania, and she joins us now.
Hey, Joyce. Hi. Good morning.
Hi. Good morning. Thanks for joining us.
We heard your story and you know,
we'd go to all these diners and everyone.
Seems to have similar stories as yours.
Why you decided to go back to work?
Just the rising cost after the the pandemic hit.
I'll give you an example.
I had a fence estimate.
Back right before I retired.
After I retired, I contacted the gentleman to put the
fence in.
It was $2000 more than what the estimate was,
just because of rising costs and supply issues and things
like that.
My goodness, how do you feel about this?
Because you worked your whole life.
We're finally excited about retiring.
I know you took care of your grandchildren during COVID.
You could spend more time with them,
and now you have to go back to work.
It's difficult and I had to go back to a
financial advisor just to rearrange my whole finances,
realizing that I probably, if I continue to want to
continue to live my lifestyle,
I needed to probably add a few more dollars to
my budget.
And so I felt like I had to go back
to work.
Joyce, look at this. We compared numbers from 2018 to
2022.
You had to have about 8000 more in your bank
account in order to make it through and continue your
lifestyle.
A few years later. I mean,
isn't that amazing? It went up that much and then
now we're in 2024.
I wonder how much it's gone up now.
What? What about your Tell me about your job,
what you're doing, how you're making ends meet now?
Well, I'm a nurse and I I went back to
work originally just with a small paying job in a
call center at an amusement park,
and that really didn't pay much at all,
and plus it was a lot of travel.
I then took another job as a as a nurse
and I worked in that for a while,
but right now I'm looking for something more locally.
Something closer to home so that I don't have to
pay or get involved in the expensive gas prices.
All right. Joyce, thank you so much for coming on.
We wish you all the best.