Making Retirement Income Working your Dream Job

Author: Alena Smith

Many retirees are living healthier, longer lives, and that means retirement isn’t quite what it used to be. Retirement has long been defined as an end of an era; a closing chapter in one’s life. But today’s retirees are more active and seeking to redefine retirement as the start of a new chapter – the beginning of the rest of their lives. Today’s generation of baby-boomers is not only finding the time to pursue their dream jobs in retirement, but have found that they can continue to make a good amount of retirement income in doing so. This is one of the top tips when it comes to earning income for retirement; follow your dreams.

So, just what is your dream job? Well, that’s up to you to decide. What do you love to do? What are your hobbies? What were your childhood dreams? By asking yourselves these types of questions, you’ll be able to come up with a list of jobs that closely relate to your ideal interests.  Check out some examples below of how you can make retirement income doing what you love.

•           Love golf? Check out the openings at your favorite golf course.

•           Love to fish? What about working as a fishing guide on a charter boat?

•           Do you like to cook? With today’s packed schedule, many families are looking for prepared meals from personal chefs.

•           Always wanted to teach? Many schools offer substitute teaching programs – even with no prior teaching experience.

•           Are you active and athletic? Professions such as Yoga instruction or Swim instructors are always in high demand for senior activities.

Earning Income for Retirement with Your Own Business.

So, maybe you love the idea of working your dream job during retirement, but the thought of having another boss is just something you’re no longer interested in. Many retirees are becoming independent entrepreneurs by investing just a small amount of their savings into their desired career. The experience and knowledge gained from years of a professional career has given many seniors the confidence to pursue and successfully start their own business.

You don’t have to (and shouldn’t) crack your nest egg to get started on your entrepreneurship. Consider taking out a small, home equity loan or lightly tapping into your 401(k) to get started.

Get Moving and Get Excited

It’s important to give yourself an honest evaluation of the amount of mental and physical energy that you want to put into your new career before you jump into anything. However, once you find yourself energized and ready to start earning retirement income doing what you love, you’ll find nothing could be more rewarding than finally working in your dream job.

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9 thoughts on “Making Retirement Income Working your Dream Job”

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