Social Security

U.S. News -Back to Work?

One of the clearest messages from financial advisers is that retirees should consider going back to work if their nest eggs have been badly hit by investment losses.

Easier said than done. The economy is shedding jobs at a scary pace, and it's widely expected the slowdown will get worse and last well into next year if not 2010.

Still, in an economy as large as ours, there are always opportunities. We'll also be seeing part-time jobs replacing full-time positions. Further, our well-publicized economic travails reportedly are scarring away immigrants, and there will be some domestic employment benefits of this trend.

So, if you need the bucks, you should consider jumping back into the working world. But first, you should carefully look at the bottom-line benefits of extra earnings. Is the amount of extra money in your pocket worth your return to work?