Remember back before the Great Recession when Boomers were expected to retire in waves, leaving the country with a gigantic labor shortage? In California, for example, we expected to have to hire approximately 300,000 new teachers to fill the classrooms vacated by retiring Boomers.
Of course, that didn’t happen. These days, Boomers are hanging onto their jobs by their bloody fingernails, hoping like hell they won’t get fired because the younger, cheaper models are lined up thirty-deep outside of HR.
For those Boomers who have retired, many have seen the value of their savings plummet, and are now looking for part-time work to supplement their Social Security checks. Here are some of the jobs I’ve seen my contemporaries invent:
- “Limo” service: driving neighbors to and picking them up from airports.
- “Vacation” service: watching pets and maintaining homes for vacationing neighbors.
- Home-based sales like jewelry, skin care/makeup, home decor.
- Fix-it person.
- Make and sell a craft or product. (My brother builds cabinets as a hobby. He wants to do that out of his garage when he retires.)
- “Swap meet entrepreneur” wherein you buy at yard sales and resell for a profit at the local swap meet.
- Tutoring students if you’re a retired teacher.
- Computer “helper”: teaching elder users the basics, and unsnagging them when they get tangled up.
- and, of course, consulting in your career field, if you’ve got the chops to reel in business that way.
Any other ideas? Let me know and I’ll list them in a future post. This way, we can encourage and motivate each other.
Re: young people, I suggest they start thinking about and preparing early in their careers for a part-time or self-employed business idea later on. The way things are going, if they get canned or injured, they’ll need a way to keep food on the table, because the days of job security and pensions are sunsetting. Any time you get an opportunity, I tell them, learn a new skill. Let your employer send you to training. Build your contacts. Network like crazy. Eyes on the horizon, Grasshopper. Don’t take anything for granted. The days are over when “I’m on a fixed income” used to be a bad thing.
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