7/13/2014 – Many workers put off retirement, take ‘encore’ jobs (San Jose Mercury News)

After Fred Wallace was laid off from a high-paying job in 2011, the 56-year-old knew the odds of landing a comparable position were slim.

Wallace is among millions of older Americans launching professional second acts revolving around some form of public service. In the aftermath of the Great Recession, encore careers have caught on among baby boomers, some of whom recoil at the notion of conventional retirement — or aren’t financially prepared.


Read the full article at San Jose Mercury News.