5 Steps To Embracing A Working Retirement
For many people, the idea of retirement elicits visions of a never-ending vacation, with the retiree choosing to do what they want to do, whenever they want to. But, the reality is that is not the case for a growing number of individuals; as many find that they have no choice but to work during what many consider 'retirement years.' If you find yourself forced to have a working-retirement, or even if you choose to work during retirement even when you don't have to, you might find the following tips helpful.
Convert Hobbies to Income Producing Businesses
You are likely to be more accepting of having to work during retirement, if you enjoy your job. One way to do so is to convert hobbies that you enjoy into money making ventures. Some relatively inexpensive hobbies that have significant earning potential are: photography, art, pottery and gardening. One thing that you should keep in mind is that some of these hobbies will be time consuming, so make sure that you can manage your time efficiently to allow time to enjoy your retirement experience.
Stay Current with Technology
Technology is rapidly changing and employers are adapting by modifying business practices to benefit from these changes. If you fall behind in your knowledge and experience of how basic technology works, that could make it difficult for you to compete with other job seekers. If you are unable to afford to pay for courses, check out your local library or government institutions that offer education support for adults. Some libraries offer basic computer training as part of their community programs, and some government agencies include adult education as part of their social services programs.
Note: If you decide to start your own business, visit websites like www.sba.gov to get tips on starting and operating a business.
Engage in Lifelong Learning
One way to increase and maintain your competition with other job seekers is to continue your education. The level of continuation depends of how much education you have already gained in the area that you want to work. If you are changing careers, it may take you longer to complete your education, but it may be worth it in the end. Your options include technical and computer courses and general education. Many of these can be completed after hours if necessary, as well as during the daytime. If you decide to pursue this option, check to determine whether you are eligible for financial aid, which include student loans and grants.
Learn Industry Jargon
Convincing a potential employer that you are familiar with the job for which you are applying may require 'speaking the language' of the job. For example, if you are looking for a job as an accountant, make sure you know what terms like 'capital accounts,' 'general ledger' and subsidiary accounts mean. Being familiar with the jargon helps you to effectively engage in discussions, and explain why you are the perfect hire for the role.
Stay in Shape
Another thing to keep in mind is your physical health. When you are retired, it's very easy to fall out of shape if you become inactive, which can cause lethargy and might cause others to perceive you as being lazy. Staying active helps to increase your energy level, and helps you to be productive. Your energy level could determine your ability to 'get the job done' efficiently and effectively, which may determine whether you keep the job you get.
The Bottom Line
While you may feel the need to take on a few responsibilities in order to give yourself that extra retirement income that you need, you should always consider the fact that you are retired and make sure that you make time to enjoy your retirement years. If you feel that you don't have enough post retirement income to achieve your desired lifestyle, and must therefore continue working, take the steps to ensure that you are qualified to get the job that you want. They key is to maintain a balance, so that you can enjoy your retirement as much as reasonably possible.