Laboring longer: Second careers, unretirement, and bridge jobs keep older Americans at work

What does longer work look like? Relationship chart

Brooke Helppie-McFall and Amanda Sonnega’s paper, “Characteristics of Second-career Occupations: A Review and Synthesis,” untangles the differences between career employment, second careers or re-careering, encore careers, bridge employment, and unretirement. The researchers define “second career employment as employment after leaving a long-term career position after the age of 40 in a different occupation and/or industry than a worker’s prior career, with (1) advancement opportunities, (2) significant hours and wage/salary income, and (3) the expectation of working five or more years in the new career.”

Less is known about the specific reasons people choose to work longer. Burn out appears to play a role for older workers who seek new jobs with flexibility, less stress, and meaningfulness according to the authors’ review of the literature. Some may be trying increase financial well-being: Social Security benefits increase with continued work until age 70. For women whose work histories are more likely to include periods of low to no income while caring for family, working longer might allow time for lifetime earnings to recover. There are emotional reasons to keep working as well, including less isolation, a continued sense of connectedness, and higher self-worth.

Helppie-McFall and Sonnega believe that, although common, fewer than half of older workers take on second careers. Right now, survey data on such transitions are scarce. The authors share that the Health and Retirement Study is conducting a survey that will “provide a full accounting of all jobs held by respondents for more than one year from young adulthood through age 50.” Hopefully, this will help capture second careers currently missed. In addition, longitudinal data on individuals’ second careers will shed light on what successful transitions look like, perhaps making it possible to better support and plan for them as individuals and a nation.