9 Year Mortgage Suggests Four Ways to Increase Your Retirement Income
Whether you want to work or have to work, there are many options available to help you earn extra income in retirement. Most retirees have years of work experience that can benefit employers, and many have the skills needed to start their own business as well. Whatever your situation is, 9 Year Mortgage has a few suggestions. Here are a few options to explore when looking for additional income in retirement.
1. Be a Consultant
Over the course of your career you’ve probably worked in several job positions. Use the knowledge you’ve gained from your career to your advantage. You might consider contacting the company you retired from. Suggest to them that you want to return as a consultant on a part-time basis. Since you are already familiar with the company and all that it offers, you would be a perfect consultant.
You might also consider working for a start-up company. Young entrepreneurs just starting their businesses are in need of experience. While they might not be able to hire you full-time, they can use you on a part-time or as-needed basis.
The opportunities to use your specific work experience vary. 9 Year Mortgage suggests that you consider the places you could market your skill set to, and where your skills can be best put to use.
2. Temp Agencies
Temporary employment accounts for millions of jobs each year. When the economy recovers, corporations usually hire temporary workers first. This gives them time to wait to create permanent jobs when confidence in the economy continues to grow. Temporary agencies receive requests for a wide variety of occupations.
This provides a great opportunity for retirees. Many agencies specialize according to employment field, so you may have to do research to find a fit for what you are looking for. This is a great opportunity to re-enter the job market. Temp jobs generally have a great deal of flexibility, so you can test out different jobs to find the best fit for your situation.
3. Make your hobby your job
Remember when you were working, and you’d daydream about going fishing, taking a ski trip, or going camping? Consider making your hobby your retirement job.
If you love playing golf, you might consider teaching kids to play golf at a community golf club. If you have an RV, consider being a campground host for a summer. If you love to sew, consider teaching lessons, or charging to make alterations.
9 Year Mortgage understands that you want to enjoy your retirement. Think about what you love to do, and consider ways to make a part-time job out of it.
4. Think like a college student
If you are looking for extra income, or even just want to get out of the house, think like a 20-year-old. Most young adults today work multiple part-time jobs while also going to school. These jobs are usually just a few hours per week, and give many opportunities for trying different occupations. You’ll probably also have the option to work as many or few hours as you want.
Whether you need to work to supplement your retirement income or just want to spend a few hours out of the house each week, there are multiple opportunities available to you. Just remember you have a lifetime of skills to offer! Retirement is the perfect time to have fun and enjoy a new career.
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