Today's single female Boomers are showing no signs of slowing down in their personal or professional lives. In fact, 50 percent of female Boomers are still working and 79 percent are satisfied in their current job position according to new data from Del Webb, a national brand of PulteGroup, Inc. (NYSE: PHM), one of the nation's largest homebuilders and the leading builder of communities for active adults.
The second in a series of newly released data from the 2015 Del Webb Baby Boomer Survey (conducted online for PulteGroup by Harris Poll among 1,020 single female U.S. adults ages 50-68) finds 51 percent of single, working Boomer women plan to stay at their current job for at least five more years, and 34 percent plan to retire between the ages of 65-69. These findings are consistent with trends seen in Del Webb communities, which show the average age of a homebuyer to be 62 and that many residents continue to work after moving into the community.
"We've seen that single female Boomers are happier, healthier and more confident than ever, and our survey results show that those who are still working aren't rushing to retire," said Lindy Oliva, the company's division president. "At our Del Webb communities, we know a growing number of these empowered women continue to work well past the age of 65, simply because they love their jobs. These single Boomers are carving their own paths professionally and personally."
Mariann Estes,[i] a single female living in Sun City Mesquite by Del Webb in Nevada, is one Baby Boomer who shows no signs of stopping. "To me work has always been about doing something I enjoy, being useful and getting paid as well!" said Estes, who is also an active volunteer with organizations that support children in need. "I still work part-time from home editing a monthly newsletter for a California labor organization and I enjoy the challenge. The key for me is to keep doing things that keep me happy, and right now work is still a part of that mix."
While the study finds 49 percent of single female Boomers have already reached their personal career goals, many are making time later in life to pursue their career passions. Among those single female Boomers working full-time, one in five (20 percent) plan to use their retirement years to begin an "encore career," a job which can provide greater meaning and purpose, as well as a continued income.
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