The X -gene retirees have regretted the amount they have saved: they copied the zi gene to turn to side concerts

• Millions of gene X and baby boomer retire are panic for their savings not enough, with Social Security with Troubleinflation and worries of the turbulence of the market. They are directed to side concerts such as teaching, the sale of real estate and the driving of Uber for additional income and social stimulation.

Gen Xers and Baby Boomers have waited the day they can Replace the work schedule from 9 to 5 As a whole, he enjoys his golden years in peace.

However, many wake up in the financial reality of the worst cases: their savings do not cut it.

More than two out of five north -Americans concern that their egg nest will not fund their ideal retirement, according to one New survey of the Investment Banking Firm Da Davidson. This is possibly equivalent to more than 20 million Americans. And if this was caused by not saving enough, inflation or unexpected lifesto It spent years living the salary to pay—The them to experiment with retirement.

The “tides are changing”, Andrew Crowellsaid the Vice President of DA Davidson’s DA Da Rica Management FortuneWith more retirees than ever, you decide not to throw in the towel completely to work. About 60% of the North -Retirees wish to have a side concert to complement their savings.

“A side concert should not be a last resort for retirement,” said Crowell. “In fact, it can be an integral part of retirement planning, complementing the savings, while promoting the commitment to the community and maintains the mind sharp.”

Changing perceptions of Retirement of GEN X

Retirement can be a time of mixed emotions. Some retirees may be eager to relax with their grandchildren or finally find time to travel internationally, while others may not know how to work without the rhythm of their 9 to 5. That’s why, as life expectancy increases, people are not only Working more time In its primary careers, but there is also a rule in the second part -time race.

“Unlike past generations, current retirees stay active longer in retirement and life longer, which increases the amount of money they need throughout retirement,” he said, “he said,” he said, “he said,” he said, “he said,” he said. ” Patrick DohertySenior Vice President A Improvement of wealth. “We generally see that customers pass similar to retirement as they did as they worked.”

Said Doherty Fortune He has increasingly seen retirees take concerts alongside their retirement such as being a substitute teacher, selling real estate or serving the advice of a business.

However, it is not always for money. According to Davidson’s survey. Only 20% cites the payment of existing debts as a motivator and 17% said that it would economically support their most ideal retirement lifestyle.

The transverse levitation towards the side concert

Retirees are not alone in their affinity for a secondary career. Zers gene And the millennials are also adopting the lifestyle of the concert.

In fact, one measure found that almost two -thirds of young people aged 18 to 35 Began a side concert or plans to use -no a by supplementary revenue. Interestingly, their reason to do it is not necessarily only for money, but because, above all, they would be their own head and follow their passions.

And makes sense considering how easy it is Start a side concert with the help of technology. For example, many young people can earn additional dollars only by transmitting video games YouTubedancing to tiktok or selling products Etsy.

For young people who play the game of side concerts, and save more than they spend, it can lead to a situation in which they retire before and in financial comfort.

“There is an old saying that says to pay -first,” said Doherty. “If you Contribute to your 401K And the money from the running accounts systematically before they start discretionary spending, it will be easier for you to save. “”

This story originally presented to Fortune.com