According to Statistics Canada, the average Canadian retires at the age of 65. The average life expectancy for Canadians is 82.5 years. That’s nearly 20 years! Thanks to modern medicine and healthier lifestyles, more and more Canadians live out their retired years healthy and active. Many retirees have found themselves looking for another job after retirement. There are many benefits to working either part-time or full-time after retirement. For starters, 20 years is a long time, and depending on your retirement savings, you may need to make some extra money to top up your pension. Secondly, at 65 years, many people are still mentally and physically active and find themselves becoming bored rather quickly. A new job provides social, mental, and physical stimulation, which can keep you healthier and active longer as you age.
The retired population brings so much to the table; they are reliable, hardworking, and experienced. Years of life and work experience are something that can’t be bought, nor taught in school. There are endless opportunities that will work with your retirement lifestyle. For example, let’s say you want to travel south in the winter and live the snowbird lifestyle and work in the summer. While back in Canada, you can work at summer events, golf courses, or summer retail. For more remote work (which has recently become the norm thanks to COVID-19), you can work from your home computer on blogs, accounting, writing recipes, answering calls, online tutoring, etc. If you are thinking of a job after retirement, you don’t have to stick to the same industry you were working in previously. For example, if you spent the last 25 years working at the bank you don’t need to work in the realm of finance. If you have a passion for gardening, you could work at a greenhouse, nursery, or provide landscaping consultations. A friend of mind is an amazing golfer, so he started giving golf lessons in his retirement. A job after retirement is an amazing opportunity to pursue other passions – and get paid while you’re at it!
Before retirement, I worked in construction and then became a part-time consultant. Now, as you can see, I also work on my blog, connecting with other boomers and provide information and resources catered to our generation. When you are out in the field and in an active job, working from home can be a bit of an adjustment at first. It took me a while to get into the swing of it, and I had to rearrange my workspace and equip my desk with the office essentials I didn’t really need before. Although I’m now in this virtual world, I still rely on notepads and post-its.
If you want to check out some of my favorite “work from home” items available on Amazon, click the link below.
Have you considered getting another job in your retirement? Do you have one now? If so, I’d love to hear more about what you are doing. Let me know in the comments below!
P.S If you want more information on the financial side of retirement, check out my blog post on the Canadian Pension Plan (CPP) here.