Inflation has eroded retiree purchasing power. Housing values are down as are portfolio values and the huge costs of health care, even after Medicare kicks in, (a couple retiring in 2008 who are both 65, will spend out of pocket an average of $252,000 during the combined remainder of their lifetimes) has prompted large numbers of retirees to seek ways to supplement their income.
At least one in four older Americans are either postponing their retirement or seeking to return to the workforce, while 4 in 10 employers have designed programs to encourage late-career workers to stay past their traditional retirement age. It seems both older workers and employers are on the same page here.
It also looks like the situation can only get worse for employers as there are not enough Gen Xers to fill the jobs of the boomers who decide to retire in the coming years. That means that there are an increasing number of retirement job opportunities for seniors.
Tips for Seniors Seeking a Retirement Job
1. Register with temp firms in your local area. They don't care about age, but are more interested in your skills and experience. Also, if you get work through a temp firm it helps build your resume for future work assignments.
2. Try to get an interview with an employer you are not interested in working for to practice your interviewing skills. You don't want to go to your first interview in a long time with the employer you are really interested in working for and make easily correctable mistakes.
3. Consider having your resume rewritten or updated by an expert, because the resume you used years ago is no longer appropriate.
4. Put your resume up on those retirement job boards that connect older workers with employers seeking to hire them.
5. Look for project assignments as they are much more available than full-time jobs.
6. When applying for a job tell the employer you are willing to work on a project or temporary basis. This often gives you a leg up on younger workers or are often unable to accept this kind of employment. Temporary employment can often lead to full-time work.
Jobs Most Often Filled by Seniors
- Executives & managers (project assignments)
- Pharmacists (part-time and temporary)
- Nurses & health care professionals (part-time and temporary)
- Accountants (for tax season)
- Call center and help desk
- Customer service
- Inside sales/telemarketing
- Retail sales clerks (during the holidays)
- Hotel/hospitality jobs like front desk and concierge
- School bus drivers
- Fast food and restaurant help