Retired -- to a New Job

Working later in life -- be it starting a new business or volunteering -- can yield rewards more valuable than money

Forget leisure. Retirement is increasingly regarded as a transition to another work life, although at a more relaxed pace. In 2000, 37% of men and 31% of women age 55 to 64 were employed full- or part-time while receiving pension income, according to investment giant TIAA-CREF. Those proportions are likely to go higher. And 8 out of 10 baby boomers say they plan to work in retirement, according to the AARP, the lobbyist for the over-50 crowd.

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