Investments are down, inflation is high. Volatile market conditions may be leaving you feeling unsettled about your invested assets.

Where do you picture yourself living in retirement? Is staying in a familiar setting a priority? Entering the next phase could mean remaining in your home, moving to a condo or retirement community, or relocating to a new area entirely.

As inflation hits a historical high, many retirees are weighing their options to make ends meet.

First, there was the Great Resignation of 2020 and 2021 — when millions of Americans quit their jobs or retired during the pandemic. Now, 68% of workers who retired in the wake of COVID-19 are considering a return to the workforce.

While younger adults typically carry more debt — student loans, mortgages, car loans — today’s older generation is more indebted than ever before. In fact, 75% of retirees are carrying their debt through retirement.

If you’re approaching retirement age, don’t assume that the only successful retirement plan is one in which you never work again.

Semi-retirement often means keeping one foot in the workforce. You may shift to fewer hours at your current job, or leave your career for part-time work that’s less demanding or more fulfilling. Roughly 29% of U.S. workers ages 61-66 plan to reduce their work hours as they transition to retirement.