Record-high inflation pushes retirees back into workforce
Retiree Tina Caston discusses sacrifices she is making to combat record-high inflation, including heading back into the workforce on 'Fox & Friends Weekend.'
Record-high inflation has had consequences for Americans of all ages, and Tina Caston is sharing how runaway price hikes are impacting retirees like her, even calling them to consider returning to the workforce.
"I'm going back to get a resume put together, so it can be current and attractive and hirable. I need to go back to work," she said.
Caston, who has been retired for 20 years, told "Fox & Friends Weekend" host Rachel Campos-Duffy she is not the only retiree considering a return to the workforce, noting her volunteer work with AARP's Veteran Outreach Program where she finds other seniors are weighing similar options.
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"I find a lot of my fellow volunteers are thinking about the same thing," she said, going on to add that odd jobs and temporary work are no longer enough for some to make ends meet. "We're no longer just poll workers when there's an election. We are actually looking for part-time work first, and some of us are looking for full-time work."
Caston told Duffy that she is making other unique sacrifices to combat inflationary pressures, including splitting groceries with her neighbor.
"I have a membership to Costco; she has a membership to BJ's, so we do some price comparisons and we split, and I split with family members also," she said. Caston added that she is opting to buy in bulk, purchase more non-perishables, use senior discounts and clip coupons to cut costs further.
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Caston told Duffy she imagined her retirement would be entirely different and that she would be focusing her time on traveling and volunteering to help others instead of hunting for a job.
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"I'm not at the liberty to pay to travel back and forth to volunteer," she said. "I need compensation."
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