Retirement Tips

Retirement Investing - Retirement Jobs - Your Skills Are Still Needed - Part 1

November 4th, 2006 by Papabear

Unlike my old friend who retired as a millionaire, got bored, and so went back to work, many of us feel we actually need a job in retirement. Maybe our retirement investing plan didn’t work out quite like we had planned. Maybe it’s because our retirement investments didn’t quite work out - Enron? Perhaps it’s because we want to have a few luxuries and our pension won’t stretch quite that far. It could be for the health benefits or to stay active. Or it may very well be that we simply need the extra money just to pay the bills.

Whatever the reason, more and more retirees have jobs…and more and more people expect to have jobs when they retire.

I know that a lot of retirees worry about their opportunities. After all, we’ve heard for years about age discrimination. And who really wants to be a Wal-Mart greeter?

Fortunately, the vast majority of retirees are looking for part time jobs, as that’s generally what they need to make a difference. And finding a part time job is a lot easier than hunting for a fulltime job when you’re older and not yet ready to retire.

Another good thing is that, as the population ages and more people retire, businesses are already finding that they still need new workers, but that demographics aren’t helping. If you have 3 people retire, but only 1 young worker to replace them…well, you do the math. As a result, the opportunities for older workers interested in working part time keep increasing.

Certainly, you may not be able to do the same job you did before you retired. But, so what? A growing number of businesses are becoming amendable to retirees reducing their hours to part time, by the way. Have you asked your employer about this possibility?

Tomorrow we’ll look at a couple of resources for finding jobs, full or part-time, after you retire.