Working During Retirement May Be 'The New Normal'

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Welcome to the age of the "Nevertirees."

A study of wealthy individuals around the world conducted by Barclays pokes holes in the notion that an individual should stop working at a pre-defined age, as it is more of an illusion than a reality.

The study found that increasingly, the wealthy are rejecting the idea of a traditional retirement—the romanticized golden years filled with leisure—and continuing to work long past their early 60s.

In fact, some retirees are even using this period to embark on entirely new careers or businesses.

According to the Barclays survey, some 60 percent of respondents said they envision always being involved in commercial or professional work of some kind, whatever their age.

Although for some the decision is driven by the expectation of a longer lifespan and concerns about the accompanying financial uncertainties, there is a good chunk of the group that believe their work is their passion, and to stop would be unthinkable.

Read more:  http://www.cnbc.com/id/39342638