CARI: Center for Applied Rural Innovation

 

Title

Rural Nebraskans Working in Retirement

Document Type

Article

Date of this Version

September 2007

Comments

Published by the Center for Applied Rural Innovation, University of Nebraska – Lincoln. Copyright © 2007 by D. Peters, R. Cantrell, M. Carranza, B. Johnson, and R. Vogt.

Key Findings

• Employment is an important part of retirement and retirement planning for rural Nebraskans.

• Many rural Nebraskans who are not yet retired expect to work past the traditional retirement age of 65, especially those age 40 to 64 and farmers and ranchers.

• Motivations for working past the traditional retirement age include to meet basic income needs and to keep both physically and mentally active.

• Retirees are more likely to work for enjoyment while persons who are not yet retired expect to work for basic income needs.

• Most rural Nebraskans are anticipating some form of employment to help fund their retirement years.