I have a new favorite term: the revolving door retirement. It’s such a great way to describe the trend of retirees returning to work to meet expenses (or just to have something interesting to do).
If you are considering going through that revolving door in retirement, there are a few things to consider. There are taxes, commuting and lunch costs, and the impact on Social Security and Medicare. Here’s what to think about before you think about going back to work after you’ve retired.