This story may be of great interest to fellow Madoff investors; there are an increasing number of programs and workshops springing up across the US to help retired people get back to work.
This seems like a great idea to me. While many might poo-poo the idea simply because retirees shouldn't have to work, many are just getting by on social security and pensions. Others, believe it or not, simply like to work for the social and intellectual aspects.
These programs can help folks who have been out of the workplace for a few years to "get back in shape" and pick up where they left off. Times have changed over the past few years in the workplace; it's also a good way for seniors to adjust their expectations. Getting back to work may be limited to a few hours a day doing a non-strenuous activity. Finding work that is compatible with a hobby or other interest would also be a double benefit.
Talking with associates about it, primarily in Europe, many don't like the idea of working after retirement. I can certainly understand that, and I can agree to some extent. However, there's a difference between 55 and 65 and some seniors may find value in getting out of the house for a few hours each day, especially when they notice life changes kicking in Ė such as the loss of spouse or declining health. Why shouldn't we give them the tools to make the most of their return?