Showing posts with label best part time jobs for seniors. Show all posts
Showing posts with label best part time jobs for seniors. Show all posts

Tuesday, September 6, 2016

Will You Enjoy Retirement?

If you spent the last decade of your working years looking forward to the day when you could "take this job and shove it," have you given much thought to how you will spend your days once you walk out of your office or workplace for the last time?

According to research by the National Center for Health Statistics, the average person who reaches age 65 can expect to live another 19.3 years ... or until they are age 84.  What do you plan to do with those extra two decades of life?  Have you given that serious thought?

Will Retirement Be Fun?

Many people imagine spending long days on the golf course, in their fishing boat, or taking cruises and vacations to exotic locations.  However, is that really what you want to do every day for the last twenty years of your life?  Will you even be able to afford that daily round of golf, the fishing boat, or the travel?

According to U.S. News & World Report, the typical retiree between the ages of 65 and 74 spends four hours a day watching television ... and that is the age group of the youngest retirees, the ones who are most capable of being active.

Is it inevitable that your retirement will eventually leave you feeling isolated, bored, and lonely?  Not necessarily.

What Retirement Options Will Keep Your Life Interesting?

In addition to financial planning, people who are preparing to retire, or who are newly retired, should spend plenty of time thinking about the lifestyle choices they can make as they approach their mid-60's.  Below are some options they may want to keep on the table:

Keep working at their current career - What?  After all these years of planning to retire, why would you want to keep working?  Presumably, you have earned a nice income from your job in the past and now you will be able to supplement that income with your Social Security benefits ... which will give you extra money for travel and having fun.  You might also decide to postpone collecting your Social Security until you are age 70, thus substantially increasing your benefits.  Staying at your current job also enables you to maintain your work friendships and connections with other people.  It can give structure to your life and keep your brain alert ... without resorting to endless crossword puzzles.

Find an Encore Career - What if there is no way you want to keep working in your old career?  That doesn't mean you need to give up working altogether and just sit home every day.  There are so many possible career choices.  You could find a job with a local business or non-profit, work as a consultant in your former field, become a tutor, or give lessons.  Retirees are even eligible to sign up for the Peace Corps and share their valuable knowledge and experience around the world.  Yes, many people in the 60's (and sometimes a little older) join the Peace Corps.

Volunteer in your community - If you really don't need extra income, you still do not want to spend your days sitting around the house, watching television.  Why not contact your local hospital or charity and see if they need your help?  I know a woman who helps out one day a week in a local hospital. She particularly enjoys caring for premature babies that just need extra time being held.  The work is not physically demanding, but she feels it is very rewarding.

Find affordable, social hobbies - Everything you do in retirement does not need to be expensive.  Nor do you need to spend time alone when you are pursuing your hobbies.  Join a book club or other activity that you can enjoy with other people.  If you don't know how to find other people who enjoy your hobbies, try www.meetup.comThis website helps you link up with people in your community who are looking for people with common interests ... whether that means hiking, traveling, tai chi, golf, playing games, learning bridge, dancing, tennis, photography, dog walking, writing, painting, yoga, attending movies, boating, playing music, cycling or eating out. Many places of worship also have special activities for their older members.  Go to your local senior center to find exercise classes, low-cost meals and a wide variety of activities.  There is no reason to pursue your favorite activities in solitude when it is so easy to connect with other people who enjoy doing the same things you do.

Plan Your Life After Retirement

Financial planning is a very important part of getting ready for retirement.  However, it is equally important to plan what you will do with that free time ... and hopefully that will not mean just sitting around for the last twenty years of your life.

Plan to have a satisfying and fulfilling life during this period of time.  Think about how you could enrich your life while sharing your gifts with others.

I know people who are as busy or even busier in retirement than they were when they had full-time jobs during their "working years."  What is most interesting is that those are the people who seem to be the happiest as they age!

Are you looking for more information about retirement planning, where to retire, common medical issues, Social Security, Medicare and changing family relationships?  Use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credit:  morguefile.com

Sunday, September 15, 2013

More People Working After Age 65

Our concept of retirement has changed drastically over the past few years.  In fact, some people don't seem to be retiring at all ... and certainly not at the traditional age of 65.  The local newspaper for our retirement community, "The Laguna Woods Globe," reported this week that by 2019 approximately one in five seniors will be working either full or part-time after the age of 65.  Already, the number of workers in that age group has increased from 4.5 million to 7.5 million in the past ten years, according to the U.S. Bureau of Labor Statistics.  That's a whopping 60% increase in a decade!

Reasons Why Seniors are Working Longer

The article in "The Laguna Woods Globe" listed several reasons for this increase in the number of senior citizens who are still working, and I have added a few more reasons we have heard from some of the retirees we know who still work.

First, many Baby Boomers have not done a good job of retirement planning.  As a result, they are unable to survive on their low Social Security benefits, yet they have no savings to provide additional income.  Their only solution is to keep working as long as they possibly can.  The extra years of work also increases the size of their Social Security payments, so the benefits from working longer can help in several ways.

Second, even when people have saved some money towards their retirement, they may not have expected to enjoy such a long life expectancy after retirement.   When I was young, we were told that the average life expectancy was 72, which meant we only anticipated living a decade or less after we retired.  As I got older, life expectancy increased to 78.  Now that I am in my 60's, I have read that the average life expectancy can be as high as age 88 for people who are healthy at age 65.  That means you may need enough savings to last 25 to 30 years after retirement ... and even more if there is a lot of longevity in your family.  Many people who thought they were prepared for retirement are discovering that they failed to save enough.

Third, a number of companies that used to provide pensions to their employees have reduced or eliminated this benefit.  People who thought they would be able to live off the combination of their pension and Social Security may have much less retirement income than they expected.

Fourth, boredom is another reason for continuing to work past the traditional retirement age.  Some people use this time of life to pursue a career that they always dreamed of ... like becoming a blogger!  Others may continue to work part-time in their former careers, such as becoming a substitute teacher or business consultant. 

Fifth, many Baby Boomers are still healthy and they simply do not want to sit at home.  They would rather work and use the extra money to travel and have fun.  As one person in my local newspaper said, she doesn't need the money, but it sure "comes in handy."

Finally, sometimes seniors are involved in meaningful careers that they do not want to give up.  Many actors and religious leaders, such as the priests in the above picture, continue to work long past the traditional retirement age.  A nun I know is almost 80, yet she still travels all over the world leading spiritual retreats.  I have attended a few of her retreats, and she is still very energetic and a dynamic speaker.  One of the women in my bookclub is married to a physician.  She says he intends to work as long as he possibly can, because he believes that what he is doing contributes to society and he enjoys it.  Isn't that the best reason of all to keep working past age 65?  My own husband is still working, even though he is almost 69.  He really loves his job!

If you plan to work past age 65, I would love to hear the reason you made that decision.  Please feel free to mention it in the comments section of this article.

Meanwhile, if you are doing your retirement planning, you may be interested in reading some of the other articles from this blog.  They are listed alphabetically by topic with links in the the index articles listed below:

Gifts, Travel and Family Relationships

Great Places for Boomers to Retire Overseas

Great Places to Retire in the United States

Health and Medical Topics for Baby Boomers

Money and Financial Planning for Retirement

You are reading from the blog:  http://baby-boomer-retirement.blogspot.com

Photo of elderly priests is courtesy of www.morguefile.com

Source of Statistics:

"Working Late," Laguna Woods Globe by the Orange County Register, August 29, 2013.


Thursday, August 1, 2013

Best Companies Offering Jobs for Seniors

Many Baby Boomers are nearing retirement age, only to find themselves unemployed or underemployed at the very time when they planned to continue to work and postpone retirement as long as possible.  If Boomers hope to have a comfortable retirement, most of them need to wait until their mid to late 60's before they collect their Social Security and pension benefits.  However, if someone is unemployed in their early 60's, or barely scraping by in a low paying job, they may begin to feel that they have no other alternative but to give up and take an early retirement.

If this describes your situation, it may help to know that AARP and the Society for Human Resource Management has put together a list of companies that have been recognized as having the best practices for recruiting and retaining mature workers ... those of us who are over the age of 50.

The companies on the list were chosen because they have fair recruiting practices, opportunities for their employees to receive special training, educational assistance and career development, a willingness to put in place workplace accommodations, excellent health, pension and retirement benefits, and a variety of work options including flexible scheduling, job-sharing and phased retirement.  In other words, not only are these great places to work, but they are accommodating about transitioning their employees gradually into retirement.

The Healthcare Industry Has Some of the Best Jobs for Baby Boomers

Insurance companies and healthcare facilities seem to lead the pack as far as offering excellent opportunities for people over the age of 50.  The good news about this field is that many community colleges and trade schools across the nation offer one and two year certification programs to train people to work in a variety of healthcare fields.  Consequently, if you find yourself years away from retirement and you are willing to be retrained, this may be an excellent area for you to pursue.  Over 40 percent of the companies on the AARP list were involved in some aspect of healthcare.

Listed below are the employers who were particularly commended by AARP for their senior friendly employment practices:

National Institutes of Health (NIH)
Scripps Health
Atlantic Health
The University of Texas MD Anderson Cancer Center
Mercy Health System
WellStar Health System
West Virginia University Hospitals
Monongalia General Hospital
TriHealth Inc.
Yale-New Haven Hospital
Department of Veterans Affairs-Veterans Health Administration
Saint Vincent Health System
SSM Health Care
Mountain States Health Alliance
Central Florida Health Alliance
Avera McKennan Hospital and University Health Center
Tufts Health Plan
BlueCross and BlueShield of North Carolina
Ochsner Health System
Massachusetts General Hospital
Pinnacle Health System

If you do not live within commuting distance of one of the above institutions, but you would like to work in the healthcare industry, contact the human resources departments at the insurance companies, hospitals and medical facilities in your community and ask about the opportunities they may have for older workers.

Universities and Colleges

Other organizations that offered great job prospects for people over the age of 50 were institutions of higher learning.  While you may be thinking, "I'm not qualified to be a college professor," universities offer many other types of job opportunities including with their custodial, food services and clerical staffs. Many of these jobs pay well and have good job security.

Here is the list of educational institutions that were recognized by AARP for their great employment opportunities for seniors:

West Virginia University
Cornell University
George Mason University
Swarthmore College
School Board of Brevard County
Massachusetts Institute of Technology (MIT)
University of Pittsburgh
American University

Even if you do not live near one of the institutions mentioned about, if you have another college or university in your community, don't forget to check out their employment opportunities when you are looking for a new job.

Best Private Corporate Employers of Seniors

The AARP and the Society for Human Resource Management also included a variety of private companies in several different industries on their list.  If you live near one of these companies you may also wish to explore your employment options with one of them:

The YMCA of Greater Rochester, New York
Bon Secours Virginia
National Rural Electric Cooperative Association
S&T Bank
FCCI Insurance Group
Stanley Consultants Inc.
Southern Company
Michelin North America Inc.
Cianbro Corporation
Solix Inc.
Securian Financial Group
One Nevada Credit Union
MEI Technologies, Inc.
Coconino County
Winston-Salem Industries for the Blind
Lee County Electric Cooperative
Perkins Cole LLP
CheapCaribbean.com

Federal Agencies that Made the List

There were also a few federal government and regulatory agencies that made the AARP list, in addition to the Veteran's Administration and National Institutes of Health, mentioned above:

Department of the Interior, U.S. Fish and Wildlife Service
Financial Industry Regulatory Authority (FINRA)

Whatever your background, there may be companies in your area that are looking for someone with your skill levels.  Whether you are looking for full-time work or the best part-time jobs for seniors, you will want to pay particular attention to hospitals, colleges, universities, insurance companies, utility companies, federal offices and financial services employers in your community.  These seem to be the types of institutions that have the best attitude towards hiring older workers.

Sources:
  
http://www.aarp.org/work/employee-benefits/info-09-2009/how_best_employers_selected.html
http://www.aarp.org/work/on-the-job/info-06-2013/aarp-best-employers-winners-2013.html

If you are currently making your own retirement plans, you may also want to check out the index articles listed below.  Each one contains an introduction plus links to a number of articles on that topic:

Gifts, Travel and Family Relationships

Great Places for Boomers to Retire Overseas

Great Places to Retire in the United States

Health and Medical Topics for Baby Boomers

Money and Financial Planning for Retirement


You are reading from the blog:  http://baby-boomer-retirement.blogspot.com

Photo of National Institutes of Health courtesy of wikipedia commons: http://en.wikipedia.org/wiki/File:NIH_Clinical_Research_Center_aerial.jpg