Retirement Options

You can still be productive in your golden years!

Studies have shown that retirees who lead sedentary lives are more prone to illnesses such as Alzheimer’s disease and other ailments. Don’t be unproductive after you retire!

1) For those who are planning to look for part-time job after retiring, stay where you are! The best place to find a part-time job as a retiree could be with your employer. There are some employers who permit their old employees to work for fewer hours rather than to take full retirement.

2) Start your own business. Choose a business based on your hobbies and interests. Be sure to study the potential rate of return and factors such as health prior to choose a business.

3) Become a babysitter. You’ve raised your own family; now you can help raise those of others. You’ll make an intelligent babysitter because you’re not likely to pull parenting boo-boos anymore. Just be sure to take on babysitting jobs you can handle; if you have arthritis, for example, babysitting an infant is better than caring for hyperactive five-year-old.

4) Some call centers accept older employees these days, and you can either handle calls or train younger employees in English. Just a warning: be prepared to have to report to someone much younger than you. Not for retirees who held high position in the past!

5) Volunteer at charity. Added benefit: the contact with people (or animals) who need you can help you emotionally and physically healthy.

6) Become a teacher. You have an invaluable resource: your years of experience in your field. Lecturer positions are always open to people like you. And being around young people can be a rejuvenating experience.

7) House-sit for young professionals who go out of town or abroad regularly. Given your reputation and experience, you’re easier to trust than a stranger.

8) Become a consultant in your own field. Again, your experience is your resource, and if you achieved a high rank and/or have an excellent experience bank, then you get to work at what you love, while setting your own hours!