Second career for retirees
May 14, 2009 by admin
Filed under Career Planning
Seniors to make money while in retirement. It is a growing trend! Are the second careers in retirement a good idea? A working retirement might sound a bit of an oxymoron, but for a variety of reasons why it happens. For retirees still interested in making extra money can
truly become the “golden years”. In the work surface again does not sound appealing, but see some of these clever ideas. One of these may be the edge you need.
Company Advisors
These retirees are not working full time or part time. They work in an advisory capacity. After years of construction experience in their field, these men and women are in demand. Working as advisors to these companies are professionals and retirees restraints are used to their attention. Most do not even come into the office. They offer their wise counsel over the web via email or web seminars. O communications using the cellular phone, land line and video phones. Company advisers do not work long hours and are not expected to attend staff meetings. Some advisers are being paid a very lucrative work for more than one company. It’sa great way to continue to collect their accumulated knowledge and experience. Second career for retirees could earn some big money.
Capture a niche market
Another way to put that expertise to good use is to capture a niche market. What is a niche market? It is a specific area of interest in an industry. For example, suppose you are an expert in sign making. That is a very broad, it does not. Such knowledge may not be too much in demand because it is a great area. However, if you’re a professional foam latex or polystyrene sign manufacturer that will demand more. Specialization of knowledge and experience back into play here.
Investing in your own business
Why all this talk about work? The bottom line is the bottom line! The companies that are headed by retirees are the perfect investment. With the economy a little and the big questions about the markets of their own be a source of investment. Have a safe place for your money to work for
it’s a good idea. You can have confidence in your own skills. Even if you do not want the “work” again, become a silent partner. Second Career can mean being an investor in local companies to find decent and affordable. As always take time when making investment decisions.