Considering a retirement career? Some sort of work that not only provides you with an income, but gives you a sense of meaning and purpose as well?
And many believe that as the supply of workers begins to decrease in the near future, workers over 50 will once again be needed (and valued) for their knowledge, experience, and talent.
Planning for Career Change in Retirement
Planning for a new career in retirement can be challenging. It’s important to take your time identifying not only your skills, but also your values and passions, before you decide what you want to do. Your retirement career change is just part of your total retirement lifestyle planning.
Start by asking yourself what’s important to you in your retirement career, things such as…
- making a contribution
- decent income
- enjoyment and fun
Once you know what’s important to you, you can begin to research careers that might be a good fit. To learn more about possible careers:
- Request informational interviews with people who are working in the field that interests you.
- Shadow someone on the job.
- Volunteer to learn more about the work and to gain experience that can go on your résumé.
- Find an internship.
- Take a part-time or full-time bridge job that will provide an income while you transition into your new career or retirement.
- Consider smaller companies and nonprofits – if you’re interested in transitioning into a totally new career, they might be more open to what you have to offer than a large corporation might be.
Depending on your goals, you may decide you need some additional training for your career change. But before you invest in a costly program, find out if you can update your skills and knowledge without having to return to school.
You may see this time in your life as an opportunity for redefining and reinventing yourself. If so, take the time to be creative as you explore your career change options. For instance, how could more flexible working arrangements give you the retirement lifestyle you want?
Here are some ideas you might want to consider for retirement jobs:
- Part-time work
- Temporary work
- Contract work
Do you have a lot of interests? Would you like to do more than one thing?
A portfolio career offers a unique opportunity to explore various interests or make use of your different talents. With a portfolio career, you can combine several part-time jobs or assignments, even have different employers.
A recent trend involves creating multiple streams of income. You meet your financial goals by combining various work options and activities. For instance, you might have a part-time job and a home-based internet business, plus earn money from things like writing or repairing computers.
Taking some time to explore your options and plan your retirement career change can allow you to create the retirement lifestyle you want.
What do you want in a retirement career?