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Smart Savers Blog

Why Retirees Are Going Back to College

For generations, retirement was a time to stop work and spend time with the grandchildren. But advances in technology and health care mean that individuals have opportunities to create a new purpose in this next act. Retirees, experts say, are working longer, embracing their third acts, and launching new opportunities by continuing their education.

Have leftover funds in a 529 account for a child, grandchild or other loved one? Funds in a 529 account can be used for graduate school, for a second career or for college classes even if you don’t plan on pursuing a degree.

Here are five factors to consider when deciding whether to pursue further education post-retirement.


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