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Keeping Active in Retirement

Keeping Active in Retirement

When you think retirement, the first idea to pop into your head typically involves palm trees or wide open afternoons, not “I can’t wait to find a new job!” And yet – a 2013 survey from Harris Interactive found that 60 percent of workers over the age of 60 plan to look for a new job after retirement. It’s not that you can’t plan and budget and invest wisely. It’s just that an additional stream of income is never a bad thing.

Sunset Bank & Savings poses these ideas if you are going to be on the job hunt post-retirement:

Pitch in at a non-profit. Many non-profits offer small stipends or part-time pay for good workers who help their organization run better. 

Monetize your skills. Whether you’re good with words, numbers, car parts or some other knack, you can probably solve someone else’s problem with your skills. Write down all of your talents and abilities and brainstorm problems they could help solve.

Consulting or freelancing. If you are great at what you do, you may have a part-time career as a consultant or freelancer. You can still pursue what you love doing while setting your own schedule.

Find a retail job at a store that matches one of your hobbies.  Love reading? Work at a book store. Are cars more your thing? See what jobs are available at auto part stores. Wherever your passion lies, you may be able to find a job that allows you to be close to it.

Do what you did, just less of it. It may be possible to continue doing the same type of work you’ve been doing, but on a part-time schedule. This is great if you love what you do, and if your employer values your work, they may just be up for this type of negotiation. 

Look forward to rest and relaxation during retirement. You’ve earned it. Just be willing to consider other small sources of income to pad your savings. To make sure you’re on track to enjoy the retirement you’ve dreamed of, give one of our retirement savings experts at Sunset Bank & Savings a call today!

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