The Financial Post reports in its Friday edition that some retirees may be trying to make their way back into the work force as the rising cost of living eats into their savings and makes holding down a job necessary to pay the bills. Postmedia's Victoria Wells writes that employers have seen an uptick in older people applying for entry-level positions, according to a Harris Poll survey. More than three-quarters of managers said there has been an increase in the number of seniors applying to junior roles compared with three years ago. Around 34 per cent said in a recent survey by Sun Life that making ends meet in retirement has turned out to be more costly than they expected. Retirement rates have been rising in recent years as the population ages, and hit a record between August, 2021, and August, 2022. A rise in starter-level job applications among older workers suggests some of those retirees may be harbouring regrets about quitting. Employers watching it all unfold point to higher living costs as the root cause of the trend. An increase in older job seekers could serve as a warning sign for anyone planning to retire; one in five Canadians have zero retirement savings while close to half only have $5,000 or less.