Gerry Galewski of Milwaukee retired at age 69 after a 47-year career working in computer technology, most recently for a software development company. Galewski lasted six months before he got restless and “unretired,” taking a job stocking shelves at his local supermarket. “It was a way to keep me active,” he says.
Since then, he’s taken on consulting projects as a solopreneur. Then, one day at Walgreens while picking up medicine, Galewski noticed customers getting impatient in the long line. “It was obvious they needed help,” he says.
He talked to the pharmacy manager about working part-time as a technician. It’s a role that Galewski, now 76, has had for the past year, working six-hour shifts two to three days a week helping to fill prescriptions and check out customers.
“I’m not doing this for money,” he says. “My motivation was to perform a public service, to help shorten lines and to give people a positive experience in the pharmacy.”
The benefits of unretiring
But like many former retirees across the country who have returned to work after calling it quits, Galewski has found that “unretiring” has benefitted him, too. Working with numbers has improved his short-term memory, while engaging with customers gives him daily intellectual and social stimulation. He’s an avid biker and cycles 20 miles twice a week with friends, and the pharmacy work means extra movement.
“You’re learning new things every day, and that’s so important,” he says. “And now, I have no trouble getting the number of steps that I need.”
While COVID-19 resulted in some 2.4 million excess retirements, according to research from the Federal Reserve of St. Louis, many people who went into “COVID-19 retirement” have unretired and returned to the workforce. About 1.5 million retirees re-entered the workforce by March 2022, according to a T. Rowe Price survey. About 20% of people who had previously retired switched to working full or part time, while 7% were looking for employment.
The reasons for unretirement run the gamut, from people realizing they underestimated the amount of savings they would need in retirement to being bored and craving mental stimulation to looking to benefit society. Roughly half of those surveyed by T. Rowe Price (48%) felt they needed to work for financial reasons, while a similar number (45%) chose to work primarily for social and emotional benefits.