The National Council on Aging reports that one out of three retired persons sixty-five or over has a retirement job. Many of these seniors are working because they find fulfillment in their jobs and don’t want to disrupt the life they currently enjoy. Still others, particularly in these difficult financial times, continue to work due to financial necessity. Whatever the reason, here are some guidelines seniors should consider if they decide to continue working:

1. Carefully evaluate your personal financial situation and determine if a desired job is financially feasible.  You need to know exactly how much you will make, how much you require, and any possible transition costs such as moving, housing, cost of living, insurance, etc.

2. Assess your personallity, interests, skills, and likes and dislikes to determine if you and your new job will be a good fit. It’s one thing to want a job, but quite a different thing to actually be a good fit for it. Both careerpath.com and Monster.com offer assessment tests online in their career advice section.

3. Do research on the company. Not all companies treat their employees in the same manner. Find one that treats their employees properly.

4. Network to make valuable contacts.  At this point in your life, you probably have more contacts than you realize. Once you have a comprehensive list put together, get out there and make those contacts.

5. Obtain the necessary skill upgrades or education for your new job. If you are convinced you have found the right job, then you may need to get additional training.

If you decide to start your own business as a second career, here are some excellent consideratons from Brad Sugars, author of fourteen books on business, including The Business Coach:

1. Find the market gap in the business you know. Find a need that isn’t being served by the business you came from and start a business that will fill it.

2. Turn your hobby or passion into a busines. This is a great idea. Like to fish, become a fishing guide. Known for your great desserts, start furnishing them to local restaurants. Love your favorite sports team, get a job at the stadium.

3. Use your connectons. Being a senior, you should know numerous people who can help you get started. Don’t be afraid to use these connections.

4. Investigate franchising.  The benefits are a low start-up cost and prebuilt systems and support materials.

5. Keep upfront expenses to a minimum. Start small and keep your debt low.

6. Avoid a forty-hour work week to start. While you might initially enjoy your new business, overdoing could burn you out.

The key to any job once you reach retirement age is to enjoy what you are doing. Working into the retiement years has both costs and benefits. If you decide to work, make sure the benefits are worth your time and effort. Money is surely important, but it should not be the only factor. This is your life, not the dress rehearsal. Value your retired life.

News:

We had a great time at our book signing at Barnes & Noble in Antioch, CA., on March 13. Thanks to all of those who came by to buy a book or just to say hello.

Have heard from many people about our television appearance, I’ve provided the link again.

Succesful transition to retired life from authors John and Trisha Parker – 2/2 

Don’t forget to visit Jen Parker photography.

Jen Parker | Family Photography | Child Portraiture | Newborn Photographer | B

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