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.
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.