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Why this 98-year-old refuses to retire

Nassaney joined the U.S. Navy at age 17 during WWII, according to the local broadcaster. At some point while serving, the barber on his boat died, leaving 200 sailors in need of a regular trim.

Despite having no experience cutting hair, Nassaney volunteered for the job. He's been cutting hair ever since.

Now, he runs his own salon despite reaching the ripe old age of 98.

Having lost his wife two years ago, the job and the people he comes into contact with have been a blessing. In addition, his sons work with him, allowing him to enjoy their company on a daily basis.

"It's a gift from God," Nassaney said.

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The benefits of keeping busy in retirement

A 2024 survey by MedicareFAQ found that 59% of retirees have concerns about their finances. For those struggling to cover their basic needs, earnings from a job can help fill the gap.

That same survey also found nearly a quarter of retirees struggle to find meaning in their lives, with 22% reporting the transition to retirement was more difficult than anticipated.

For many people, retiring from a job doesn’t just mean losing a paycheck; it means losing a social network. Working in retirement can open the door to more social interaction. Case in point: Nassaney’s line of work allows him to enjoy the company of family, staff and customers day in and day out.

That’s why it’s so important to stay busy in retirement and to do something that gives you a sense of fulfillment. Working can help achieve both objectives, even if you’re financially secure and don’t need the extra income.

And if that's the case, you don’t necessarily have to do work you're paid for. You could instead volunteer your time for an organization whose mission you support. You can also see if your local community center or place of worship offers social activities that look appealing.

You don’t have to push yourself to keep working until age 98. But finding ways to keep busy and stay connected to other people throughout your post-working years can be gratifying.

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Maurie Backman Freelance Writer

Maurie Backman is a freelance contributor to Moneywise, who has more than a decade of experience writing about financial topics, including retirement, investing, Social Security, and real estate.

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