After retirement, many retirees discover they still feel vibrant and want to work. According to the Employee Benefit Research Institute, 65 percent of workers said they plan to work after retirement, USA Today reported
Here are six popular second-career choices in retirement.
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1. Giving back.
Some retirees turn to nonprofit organizations to support pet causes with their expertise and skills. Such passion for a cause is crucial in making a career change, author Kerry Hannon told USA Today. "Think of it not as reinventing yourself, but rather as redirecting or redeploying many of the skills you already have in place."
2. Starting a business.
Those with strong financial security after retirement often get entrepreneurial in their later years. "The fastest-growing age group starting their own businesses are the 50- to 59-year-olds," Debbie Banda, formerly AARP's interim vice president of financial security, told USA Today. She called it an "encore career."
Many retirees may turn to careers in education. School districts often have teacher shortages, and retirees who don't need to make a ton of money can help fill those gaps in the classrooms. Retirees with expertise in fields like math, technology, and science may be high demand.
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With training, retirees can transition to jobs in fields such as nutrition, fitness, and physical therapy, among others. Jobs are also plentiful in nursing, with eldercare needs rising.
5. Accounting and tax preparation.
Many retiree turn to tax preparation services where their business prowess is welcomed. Accounting and tax services offer extra money and often-flexible work.
6. Photography, crafting, and collecting.
Many hobbyists turn their weekend fun into a profit-making venture in retirement. From wedding photography to arts sold at craft shows to collecting antiques and re-selling them, sideline passions can become business ventures for those who have invested in them for fun.
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