What Should Active Adults Know About Returnships?


Active adults who have been out of the workforce for a few years may miss their careers or yearn to contribute their skills and knowledge. Returnships are a way for experienced professionals to transition back to the workforce for a short time. Although most are designed to last a few weeks or months like a traditional internship, returnships allow those 55 and better to ease back into the working world and make a significant contribution. 

Why Returnships Are Booming Now

In a labor market where employers are struggling to find high-quality talent, those aged 55 and better have many exciting opportunities to head back to work—if even for a short while. Returnships allow active adults to dip a toe back into employment without re-launching a full-scale career.

Just two decades ago less than a third of people age 55 and better were employed or seeking work. Today the share is 40 percent, according to the St. Louis Federal Reserve. 

The unemployment rate for those 55 and older is less than four percent, according to the Bureau of Labor Statistics. It’s lower than the unemployment rate for the entire United States population and more than 14 percent unemployment rate for teens.

Returnships are becoming so popular because many active adults still desire to work. Many are putting off retirement and working into their later years. They’re either not quite ready for full-time retirement, or they’re eager to earn additional funds for a more robust retirement. Others work to stay active and engaged in their communities.

By 2019, more than 40 percent of Americans age 55 and older will be employed, making up a quarter of the entire U.S. labor force, according to the National Council on Aging. Active adults who want to share their talents and showcase their expertise will find employers eager to work with them.

Where to Find Returnships

Many companies have existing returnship programs that allow returning workers to thrive. Goldman Sachs launched an eight-week returnship program a decade ago that allows experienced individuals to sharpen their skills in a work environment that may have changed significantly since they were last employed. Several offices around the country participate in the program, including offices in New York City, Jersey City, Salt Lake City, and Dallas

Active adults can also browse job boards such as Glassdoor to discover returnship opportunities or search for return-to-work programs through Path Forward, a nonprofit that helps people find opportunities to contribute their skills. The organization has worked with notable companies such as Oracle, Apple, and PayPal. For yet more opportunities, individuals can explore iRelaunch, a company that works with about 30 large companies in what it calls career reentry programming. 

In a tight labor market, employers need talent. Experienced individuals with diverse professional backgrounds often have just the expertise employers seek. And from a personal standpoint, returnships offer many benefits to active adults: an opportunity to showcase their talents, a chance to learn new skills, and an increased sense of fulfillment.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

Share this post:

We're here to help! (800) 928-2055

Call us to speak with a customer service representative.

Subscribe to Our Newsletter

Get Weekly Updates

I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting [email protected] Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

The Best Places to Snowbird in 2021

We’ve gathered 25 of the best places for snowbirds, including cities in Florida, Arizona, California, Texas, South Carolina, and Nevada. For each entry, we’ve also provided a list of recommended 55+ communities in the area. If you’re ready to find your own winter retreat this season, here are some of the best places to consider.

A group of older adults socialize within their 55+ community.

Top 10 FAQs About Living in 55+ Communities

We’re here to answer all of your questions about joining a mature living community, so you can feel empowered in your decision. This is the next great adventure of your life, and we’re firm believers in leaving the stress out. Check out these top 10 FAQs about living in 55+ communities.

A senior couple takes a hike in a low-humidity state they chose for their retirement.

Retirement: What Are the Top 5 States With the Lowest Humidity?

There are many factors in deciding where to retire, and the weather can be one of them. Luckily, many of the states with nice weather also offer additional benefits for people over 60 and have several exciting active adult communities. Here are the four best states for a low-humidity retirement.

Lake view during autumn at dusk of Table Rock Mountain in Pickens, South Carolina.

5 Reasons To Consider a South Carolina Retirement

What does South Carolina have to offer active adults? A selection of over 80 active adult communities is just the beginning. These five reasons to consider a South Carolina retirement just might convince you that this southern coastal state has everything you’re looking for in a 55+ community.

The Best Places to Retire in South Carolina

South Carolina is known for having some of the best golf courses in the country, but that’s not all it has to offer active adults. The state has a rich history and culture, a wide selection of entertainment and recreation, and miles of beaches and coastal living.

North Carolina vs. South Carolina

The Carolinas are a power couple when it comes to maintaining an active lifestyle in an amazing climate, but they’re separated by more than just a border. A side-by-side comparison of the two can quickly show which is better for you when it comes to your interests and needs.

Exterior view of a model home at Del Webb Carolina Gardens, Fuquay-Varina, North Carolina on a sunny day.

55+ Communities With New Homes for Sale Near Raleigh

If you’re in the market for a new construction home in Raleigh, North Carolina there are plenty of options to consider. We’ve put together a list to help you start your search for the perfect neighborhood with new homes.

About 55places

We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.

Scroll to Top