Working While Retired

Welcome to Scottrade

By Suzanne H., Sr. Social Media Specialist and Guest Blogger

Have you ever had someone tell you ‘I am retired, but I still work?’ It seems quite contradicting. Isn’t retirement supposed to be the time in your life when you are golfing, traveling and taking it easy? I recently talked with one of our retired clients Larry W., who is one of the many retirees choosing to work even after retirement.

For 41 years Larry worked as a software program developer trying to save what he could for retirement. But now, retired at 62, he is still running a small business he started in 2005. “Computers are my passion, and I have always enjoyed working on them,” Larry said. But Larry’s motive for working in retirement goes beyond being a computer enthusiast. It is the concern about retirement income and covering the rising costs of medical care and everyday living expenses.

Like 57 percent of Americans according to the 2012 Scottrade American Retirement Study, Larry is concerned about having enough money for retirement.

So before he retired this past December Larry and his wife started to search for another way to generate income. It wasn’t until a good friend of Larry’s told him to open an account at Scottrade that they found their solution.

“We didn’t know a great deal about investing or Scottrade,” said Larry, “but my wife and I decided to go to the O’Fallon, Mo. branch.”

For Larry, what made the biggest influence on his decision to open a Scottrade account was the helpful one-on-one service the branch manager provided. “He took us through everything step by step and showed us how to use the online trading tools.”

Now, nearly six months later, he and his wife are happy they chose Scottrade. “I can always get the answers to my questions. The Knowledge Center and other Scottrade education offerings are a big advantage. I have to say I have learned a lot about dividends and investing through Scottrade, which has helped me generate extra income.”

What concerns do you have about your retirement? Do you think you will work after you retire?

Suzanne H. has been with Scottrade since January 2012. She oversees the Scottrade Blog, supports social media initiatives and manages the content on About Us.

 

Testimonials are not representative of everyone’s experience and only provide information about the individual’s experiences as to the point in time when they are provided. Individual experiences will vary. No one has been paid to share their stories here.

2 comments -- All comments are monitored. Questions? Please see our User Guidelines.
March 20, 2012 10:59 AM

Hi Dave,

We appreciate your comment on our Scottrade Blog. I will let you know that we will not be able to get you in touch with Larry, because all client information is private and not shared. We hope you understand and wish you the best with your software idea.

Best,

Suzanne H., Sr. Social Media Specialist

» Reply
March 19, 2012 4:17 PM

I'd like to talk to Larry in concerns of a software idea I have.

» Reply
Leave a Comment
Enter the characters and numbers as they are shown.

American Retirement Study

retirement-study_secfront_265x150

Learn how uncertainty about future circumstances is compelling nearly all Americans to take action and reduce their financial concerns.

Why Choose Scottrade

Reasons to Choose Scottrade

Switching to Scottrade is easy. We offer a full line of investment products and services, powerful online trading tools, and convenient support to answer all your questions.