If you’re a retiree looking to stretch your budget, or you just need to boost your income a bit until you reach a retirement date around the corner, consider getting a part-time or occasional job.
If you’re retired and the golf/beach/travel rotation is beginning to get old — and you’d love a little extra dough — you may be considering something your younger, cubicle-bound self never thought you would: going back to work (though only part-time). And now is a better time to do this than it has been in years, as an increasing number of employers plan to hire part-time help this year — and many of these jobs offer good pay and other perks that retirees desire.
Whether you need or want to work in retirement, there are some added benefits to working during this time. FlexJobs, a service that helps people find legitimate flexible and home-based jobs, explains why part-time jobs can be a very good thing for retirees. Maybe you’ve http://money.cnn.com/2016/05/17/news/economy/job-multiple-part-time/ always fantasized about racing down the sidelines as a soccer ref, or expounding to tourists on the charms of your city. Once you retire from your career job, you’ll have time to make that fantasy happen, but you’ll have to get up to speed on the skills involved.
Maybe you’re not ready to fully retire because of financial constraints or because you enjoy your work, but you don’t want to stick with the 9-to-5 grind, either. A part-time job could give you the best of both worlds: fulfilling your needs while leaving plenty of spare time for friends, family, hobbies, travel or whatever else you like.
You’re not alone in your want — or need — to work in retirement: 72% of adults age 50 and older say they want to keep working after they retire, and nearly half (47%) of current retirees say they either have worked or plan to work during retirement, according to a survey of more than 7,000 adults by Merrill Lynch Bank of America Corp. And it isn’t just lip service to the notion of working in retirement: While just 32% of people 55 and up were working in 2000, 40% were in 2014, according to data from the Bureau of Labor Statistics.
Beyond paper routes and baby-sitting, how can you make a few extra bucks on the side? Here are some good options you might not have considered.
Few retirees want to work full-time. Instead, they’re looking for ways to capitalize on their ample skills and experience in a part-time or contract setting. One of the positives of an uncertain economy is that employers are more likely to hire part-time or contract workers because they don’t have to pay for benefits like health insurance or vacation days.