4/17/2012 3:50 PM ET|
Is part-time retirement for you?
Retirement doesn't have to be a full-time pursuit. Here's are some ideas for including work in your 'retirement' years.
Even if you have enough money saved to support yourself throughout your retirement, you might still want to work for the intellectual stimulation and camaraderie a job environment offers. Many older workers would prefer to stay somewhat connected to the workforce instead of pursuing full-time retirement.
Most older workers (65%) say they would ideally like to include some form of work in their retirement, according to a 2011 Harris Interactive survey of 1,001 people age 55 and older commissioned by SunAmerica. But only 4% of the survey respondents want to work full time in retirement. A quarter of older workers would prefer to work part time, and 36% want to go back and forth between periods of work and leisure.
Most of us would like to enjoy some time away from the hustle of the working world. And yet, work does have positive aspects. Wouldn't it be nice to have the best of both worlds, with time to enjoy retirement as well as time dedicated to work?
Part-time retirement also allows you to address one of my biggest retirement fears, which is becoming bored as a retiree. As a part-time retiree, whenever you have had enough recharging and find yourself searching for things to do to keep busy and engaged, you can start looking for your next work opportunity. By continuing to engage with the working world on a somewhat regular basis, you will meet a new group of people and assume responsibilities requiring your mental effort and learned skills. You will not have time to be bored.
However, this dynamic retirement strategy may not be for everyone and comes with risks. You will need to save up for an extended period of unemployment and could be offered a reduced salary at a new job. You also might not be able to fully enjoy your time off knowing that you will need to find another job at some point. Part-time retirees need to decide whether to continue to invest in learning new skills and technologies and compete with younger workers who are eager to prove themselves.
It might take some experimentation to find a role that suits you, while also allowing enough of the free time you crave. If one job does not work out, you might need to find another or extend your retirement phase a bit longer. This variety and change could be exciting, and you will have a considerable amount of control over when and how you work. But part-time retirement could also be stressful if job offers are not forthcoming when you want or expect them to be.
For me, the ideal would be a cycle of working for one year and then taking three months of retirement. During the first retirement weeks I would take care of my to-do list. Then I would take an extended journey of three to four weeks. After that I would start researching and gearing up for my next job adventure. With such a plan, there is always something new and fresh on the horizon.
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VIDEO ON MSN MONEY
Let me set a few things straight, since you obviously have no clue.
Everyone who pays into SS is entitled to it; SS was forced upon us by our government. It's a forced saving program, but I doubt you even understand that.
The baby boomers that you complain about helped build our country to the greatness it used to enjoy. Baby boomers never asked for a handout or an entitlement. Have you ever considered getting off your dead azz and actually getting a job where you pay taxes and pay into to SS? I doubt it.
It's losers like you "Someone" who are ruining this country.
I don't think 'full time retirement' would agree with me. I'm coming up on 60 and it's something I need to think about. I really enjoy my job, and I'm afraid that life might get very tedious without some challenges. My wife talks about not being able to wait for her retirement.
I guess I'd really be happiest finding a younger person who was trying to break into business, and could use my talents, but not every day. It would probably be the greatest thing if one or more of my kids tried it. The only thing I really wouldn't want to do is have the pressure of being involved to the extent of being indispensible....call when you've got a problem or need a hand, but make it so that I'm not a partner.
SOMEONE: "For all you older people out there part time retirement might be an option from a full retirement. Thank you baby boomers for sucking S.S dry and the government. I'm concerned about my generation that will have nothing left that was promised when we put our money towards your retirement. Do us all a favor and die or stop sucking from our tits. Quit taking your fifty pills a day and bitching about health care costs. Who is going to support the generation when you are gone? Baby boomers have done nothing but been leeches and hold on to jobs that should go to the rest of us."
I can't believe your that STUPID! I've paid into SS since the mid 1950's. You bet you Azz I'm going to use it. Oh, by the way I'm still working part-time (2 1/2 days a week w/benefits) just to piss you off and I get damn good money for doing it.
Dear Someone: Just because the likes of you are trying to blame the serious problems of the present generation on us is illogical and pathetic. You...like your leader are becoming more and more "The BLAME generation".
If you are so unhappy, why don't YOU question why things are now so bad...and DO something about it? WE were much more involved in what was happening than you, and it helped. The great majority of us had a strong work ethic...and added much to this country that made it so great. It WAS so much better for good reason.
I do feel bd for the younger generation, but don't respect their apathy in not questioning the responsible parties more. We held them more responsible, and made them pay for their disregard for our great nation.
No past President would have had a chance to get re-elected on the negative record this President has.
Time to "ROLL" is NOW!!!!!
The hours could be 11:00 a.m. to 1:00 p.m. or 12:00 noon to 3:00 p.m. Two days a week location of Chesterfield, Creve Coeur and Maryland Heights. I have experience as Admin, Secretary and Receptionist, If an employee is ill and
you need a fill in I can be called as late as 10:00 a.m.
@Judy the bot..Got one...That's why I can't retire..Lol...
I don't want to retire but I want to do something different than what I do now.. I've been a journeyman meat cutter most of my life. I don't mind going to work everyday and actually enjoy working.. I'm 54, recently married and have a 7 month old......Any thoughts?
My only option on retirement is becoming "Schroedinger's employee".
A quantum superposition of the simultaneous states of working my butt off and being dead at the same time...
Someone needs to suck it up.......every generation has to pay some due as well as get some benefits derived from previous generations.
My mom and dad were from the "greatest generation" and I was constantly shocked at how they and all their friends of the same era would say they wanted more, more, more and could care less about if my generation had anything at all when we became their age.
I would like part time as a receptionist. The hours could be 11:00 a.m. to 1:00 p.m. or 12:00 noon to 3:00 p.m. Two days a week location of Chesterfield, Creve Coeur and Maryland Heights. I have experience as Admin, Secretary and Receptionist, If an employee is ill and
you need a fill in I can be called as late as 10:00 a.m.
memeem: Ridulous post.. Never ONCE did I hear any such utter nonsense in MY past!!!
YOU need to do something, like WE did. Become involved, and object to what is wrong with your generation..like we did. You haven't even bothered to become politically aware... LIKE YOU NEED TO!
APATHY GETS YOU NOWHERE..and STOP BLAMING OTHERS...You are the "Blame generation" under your incompetent leader...the biggest blamer in HISTORY. DO something!
Our country is going down..and you are all NUMB, from what I can see.
Vote STRAIGHT DEMOCRATIC, the life you save may be your OWN!!!
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