Financial planning tools and services to put you on the path to the future you want
Your guide to financial planning and retirement
Connect with peers and experts
Get to know the people behind the company and the mission behind the work
Offer financial wellness to the people at the heart of your business
July 3, 2020
Many people are finding that they need to work at least part-time in retirement in order to support themselves. Some people also find that they want to continue working in order to stay active. Though retirees can offer an organization incredible experience and insight, not everyone who wants part-time work in retirement is able to find it.
The key to finding a great part-time position in retirement is preparing yourself for the job search and interview process. Check out these seven tips for navigating the search for a part-time position in retirement.
It’s important to realize that you may not initially find a position that gives you everything you are looking for. Part-time positions often require the worker to be flexible when it comes to their work schedule and pay.
It’s a good idea to approach the job search with an open mind. Though the position may not be ideal, it’s possible that you can work with your manager on making changes once you have proved that you can contribute to the company.
Work feels less like work if you love what you do. Use this opportunity to find a job that lets you explore your passions. Whether it’s a position that lets you use your skills and knowledge to help others or just one that offers you perks – such as discounts – a part-time job in retirement can be a positive thing if you find something that you enjoy.
Working from home can be a great option for retirees because it allows for a lot of flexibility in your work schedule. Beware of work-at-home scams by keeping the following in mind:
If you are looking for online work opportunities, try searching for “telecommute” positions on popular career websites or looking for employers that hire freelance workers.
As you start the job search, make sure that you let your friends and family know that you are looking for part-time work. Your social network can be a great place to find excellent work opportunities because these are the people who know you best and are interested in seeing you succeed.
When applying for part-time work, it’s important that you review and revise your resume to better fit the position that you applying for. Cash Nickerson, the author of “BOOMERangs: Engaging the Aging Workforce in America,” suggests limiting your resume to two pages so as not to look overqualified. He also suggests making sure that your resume matches the skills required in the job description.
Your future employer is concerned about turnover and wants to hire part-time employees that will positively contribute to the company.
The career site, Monster.com, suggests that your cover letter should emphasize your desire to work part-time and indicate your interest to grow with the company.
This shows that you want to stick around for a while. If the job requires skills that you don’t have or haven’t used in a while, make sure that you also specify your desire to learn these skills in your cover letter.
Retirement is a great time to explore your part-time positions that play on your passions. The job search may be overwhelming if you have been out of work for a while or you are looking to transition into a part-time position in a new industry.
However, with a little preparation, you can find a great part-time job that fits your needs.
Whether you want a retirement job or need a retirement job, you should know how much retirement income you need.
An easy way to understand your retirement income needs and get a handle on your overall retirement plan is to use a retirement calculator. The NewRetirement Retirement Calculator is a great way to see what you need and try out different scenarios. You can easily see if you need the income and what happens to your short and long term retirement finances with a retirement job.
Do it yourself retirement planning: easy, comprehensive, reliable
Take financial wellness into your own hands and do it yourself retirement planning: easy,
Share this post:
Our weekly newsletter full of inspiration, podcasts, trends and news.
© 2023 NewRetirement, Inc. All rights reserved.
Disclaimer: The content, calculators, and tools on NewRetirement.com are for informational and educational purposes
only and are not investment advice. They apply financial concepts in a general manner and include
hypotheticals based on information you provide. For retirement planning, you should consider other
assets, income, and investments such as equity in a home or savings accounts in addition to your
retirement savings in an IRA or qualified plan such as a 401(k). Among other things, NewRetirement
provides you with a way to estimate your future retirement income needs and assess the impact of
different scenarios on retirement income. NewRetirement Planner and PlannerPlus are tools that
individuals can use on their own behalf to help think through their future plans, but should not be
acted upon as a complete financial plan. We strongly recommend that you seek the advice of a financial
services professional who has a fiduciary relationship with you before making any type of investment or
significant financial decision. NewRetirement strives to keep its information and tools accurate and up
to date. The information presented is based on objective analysis, but it may not be the same that you
find on a particular financial institution, service provider or specific product's site. All content,
tools, financial products, calculations, estimates, forecasts, comparison shopping products and services
are presented without warranty.