Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Do you work part time in retirement?
Old 06-24-2020, 07:13 AM   #1
Dryer sheet wannabe
 
Join Date: Jul 2014
Posts: 20
Do you work part time in retirement?

So my view is I'm retired when I no longer have to work for $'s and no longer have to manage a career or resume.
My vision is I'll still do some part time work to provide some structure and enjoyment even when retired.
So my questions are the following:
- Do you do any paying work in retirement?
- How many hours a week do you work?
- What types of jobs are people doing in retirement?

Thank You.
philly17 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-24-2020, 07:39 AM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: No Country for Old Men
Posts: 47,660
- No
- Zero
- NA
__________________
Numbers is hard

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 06-24-2020, 07:41 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
MRG's Avatar
 
Join Date: Apr 2013
Posts: 9,630
Oh hell, no!
MRG is online now   Reply With Quote
Old 06-24-2020, 07:46 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jan 2018
Location: Tampa
Posts: 7,635
Quote:
Originally Posted by REWahoo View Post
- No
- Zero
- NA
+1 Same.
Retired for ME is no work whatsoever forever.
__________________
TGIM
Dtail is offline   Reply With Quote
Old 06-24-2020, 07:51 AM   #5
Thinks s/he gets paid by the post
38Chevy454's Avatar
 
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 2,831
I did work 2 days per week for about 8 months last year. I worked at a local auto parts store, which was just for getting out of the house and do something different. Since I work on old cars as my hobby, this was more interesting to me than other options. I was an engineer, and did not want to work an engineering job. Just something mindless and providing some interaction with people while getting out of the house for a bit. Give DW a bit of a break from me and some time for her to do her own thing as well.

I did not work for the money, although it did give some small extra spending money. I did it because I wanted something different to do. If I work on my old cars hobby all the time, it starts to become like work.

I quit that job in early Dec 2019, and then spent the winter snowbirding down south with our motorhome. I think I am done with any working now and into the future.
__________________
The advice we're giving you is invaluable, that's why it's free
Experience is a good teacher, but the tuition can get expensive real fast

Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
38Chevy454 is online now   Reply With Quote
Old 06-24-2020, 08:10 AM   #6
Thinks s/he gets paid by the post
jollystomper's Avatar
 
Join Date: Apr 2012
Posts: 3,360
No. I retired when I knew I could choose to work or not. I choose not to work at all.

My criteria for accepting any part-time work:
- Work from home
- No more than 8 actual hours a week
- No less than $150/hour or equivalent
- No physical labor
- Nothing more than consulting/reviewing something and providing my input/opinion

When I present these terms to people offering me jobs, they go away.
__________________
FIREd date: June 26, 2018 - wwwwwwhat a rush!
jollystomper is offline   Reply With Quote
Old 06-24-2020, 08:12 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 11,338
Quote:
Originally Posted by REWahoo View Post
- No
- Zero
- NA
Hee, hee..... Yep! 14 years of FIRE for me and no earned income at all during that time.

When OP asks "What types of jobs are people doing in retirement?" it seems like an oxymoron. There is absolutely nothing wrong with continuing to earn money full time or part time if that's what you want to do. But I just can't call that "retirement" at least in the ER sense of the word.

It's all terminology though...... I admit I do some chores around here (car and house maintenance, monitor investments, meal prep, etc.), that, as an alternative, I could work part time to earn money and then pay to have these things done. And sometimes my unpaid home chores aren't fun at all. (I spent much of yesterday working on a malfunctioning power window on my 20 year old daily driver )

I consider myself fully retired, FIRED, despite being tied to several hours of sometimes crappy household chores every week. And I have no problem with folks who would choose to earn some dough and pay to have these things done for them. Clarifying the difference is waaaay too complicated for me!
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Old 06-24-2020, 08:28 AM   #8
Thinks s/he gets paid by the post
Red Badger's Avatar
 
Join Date: Jan 2017
Location: Hog Mountian
Posts: 2,077
Quote:
Originally Posted by REWahoo View Post
- No
- Zero
- NA
+1.

I volunteer to support worthy things in my community and give DW some time without me being underfoot, in the way, etc. I considered consulting (concatenation of convict and insulting), but quickly determined that retirement was way too cool to screw up with any type of professional obligation.
__________________
Never let yesterday use up too much of today.
W. Rogers
Red Badger is offline   Reply With Quote
Old 06-24-2020, 08:43 AM   #9
Thinks s/he gets paid by the post
 
Join Date: Jan 2005
Posts: 2,882
I retired in 06/06. I went back to work 03/10, 24 hours per week, as a receptionist for a glaucoma doctor. I wanted to finish getting the needed social security credits, after spending my working career job for the federal government. I finished getting the needed credits 05/15 and have not worked since that time. I have no plans to ever work again.
Dreamer is offline   Reply With Quote
Old 06-24-2020, 08:45 AM   #10
Recycles dryer sheets
 
Join Date: Feb 2017
Location: SF Bay Area
Posts: 445
Quote:
Originally Posted by Red Badger View Post
+1.



I volunteer to support worthy things in my community and give DW some time without me being underfoot, in the way, etc. I considered consulting (concatenation of convict and insulting), but quickly determined that retirement was way too cool to screw up with any type of professional obligation.


+1

I volunteer about 6 hours a week, even through SIP I am able to do my volunteer work from home.

In Feb they offered a full time position. I laughed and said “why would I want that? This arrangement works just fine for me”
ocean view is online now   Reply With Quote
Old 06-24-2020, 08:46 AM   #11
Thinks s/he gets paid by the post
 
Join Date: Nov 2016
Location: Washington State
Posts: 1,637
Quote:
Originally Posted by philly17 View Post
So my view is I'm retired when I no longer have to work for $'s and no longer have to manage a career or resume.
My vision is I'll still do some part time work to provide some structure and enjoyment even when retired.
So my questions are the following:
- Do you do any paying work in retirement?
- How many hours a week do you work?
- What types of jobs are people doing in retirement?
"Do what you’ll love, and you’ll never work another day in your life."

I won't retire for a few more years, but I enjoy running my own business from home. I have already transitioned from the "get ahead" mode to the "take it as it comes" mode. My hours are flexible, I work when I want to, do other stuff when I don't. I enjoy the work as I like the problem solving and it keeps my mind active. I also enjoy interacting with customers as it's one of my few social outlets and it's nice to know others benefit from my work.

For me retirement is when neither my wife nor I are obligated to work. Since my "work" is already flexible, I will consider myself retired when she retires. However, I'm sure I will keep running my home based business at least a couple more years, or until my customer base goes away. I'm not making a strong effort to grow my business anymore, but ironically, sales have been on the upswing during the COVID crisis.
mountainsoft is offline   Reply With Quote
Old 06-24-2020, 08:57 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
 
Join Date: Mar 2005
Location: Chicago
Posts: 11,338
Quote:
Originally Posted by mountainsoft View Post

For me retirement is when neither my wife nor I are obligated to work.
I would call that situation "financial independence."
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is offline   Reply With Quote
Old 06-24-2020, 09:02 AM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2009
Posts: 5,825
Quote:
Originally Posted by REWahoo View Post
- No
- Zero
- NA
Same here.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.

"I want my money working for me instead of me working for my money!"
scrabbler1 is offline   Reply With Quote
Old 06-24-2020, 09:09 AM   #14
Thinks s/he gets paid by the post
folivier's Avatar
 
Join Date: Oct 2009
Posts: 1,028
Since I retired 10+ years ago I have an aversion to commitments and schedules. I do some work as a freelance proofreader for a few authors. It gives me a bit of spending money and a feeling of accomplishment. And I do it at my schedule. Other than that, no mo' work!
__________________
You do not have a soul. You are a soul. You have a body.
folivier is offline   Reply With Quote
Old 06-24-2020, 09:11 AM   #15
Thinks s/he gets paid by the post
UnrealizedPotential's Avatar
 
Join Date: May 2014
Posts: 1,259
No
Zero
I don't know
__________________
Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things. Charlie Munger

The first rule of compounding: Never interupt it unnecessarily. Charlie Munger
UnrealizedPotential is offline   Reply With Quote
Old 06-24-2020, 09:11 AM   #16
Thinks s/he gets paid by the post
 
Join Date: Nov 2016
Location: Washington State
Posts: 1,637
Quote:
Originally Posted by youbet View Post
I would call that situation "financial independence."
That's fine, either description works for me. All that matters is you do what you enjoy and live life on your own terms. No bosses to please, no work obligations, no time clock. If part time work makes you happy, go for it. As long as you don't HAVE to work to make ends meet, that's retirement to me.
mountainsoft is offline   Reply With Quote
Old 06-24-2020, 09:18 AM   #17
Thinks s/he gets paid by the post
 
Join Date: Mar 2015
Location: philly
Posts: 1,144
Yes
I'm a baker's assistant
about 15 hours a week.

so I love baking, when I got laid off from mega corp, I went back to culinary school with the intention of opening my own bakery. lol, talk about an eye opener, so I quickly decided that owning my own restaurant was waaay more work and stress than I wanted.

I think the major downside is getting up at 3:30 am because the place I work does french pastries and it's mainly a coffee type place.

truthfully I don't see it as a "commitment", I'm pretty dependable by nature so if I say I'm going to be somewhere I do my best to be there and so far I've never had any issue taking off when I want.
__________________
My darling girl, when are you going to realize that being "normal" is not necessarily a virtue? it sometimes rather denotes a lack of courage~Aunt Francis
bclover is offline   Reply With Quote
Old 06-24-2020, 09:52 AM   #18
Recycles dryer sheets
 
Join Date: Nov 2012
Posts: 168
No work for me.

I always had a hard time with work/life balance. If I worked in my field I know I'd end up working more than part time - I'd just be getting paid less.

I half considered looking for part time work dealing with something I enjoy like part time at the local yarn store, but I decided I'd rather just hang out there and talk about knitting as a customer and have the freedom to do it when I want. I also thought about the beer industry but I just judge beer competitions for free sometimes and spent a lot of time talking beer at the local watering hole.
geeky_grrl is offline   Reply With Quote
Old 06-24-2020, 09:55 AM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Teacher Terry's Avatar
 
Join Date: Jun 2014
Posts: 5,231
I retired 8 years ago. 7 months later I was asked to teach a online college class. I had never taught before. I am still doing it. I also do some consulting in my field which is vocational rehabilitation. It’s the best of both worlds.
Teacher Terry is offline   Reply With Quote
Old 06-24-2020, 10:53 AM   #20
Thinks s/he gets paid by the post
 
Join Date: Apr 2015
Posts: 2,118
First three years, worked 10-20 hours per week--requested by employer to come back and train successor managers.
No work for the last year, and no further plans too.
__________________
You are no longer in a savings mode.
You are now in a slow spend down mode.
pacergal is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Part-Time ER vs Part-Time OMY: a Perspective 38Chevy454 Life after FIRE 29 05-29-2019 03:56 AM
Part time work in addition to full time work Kauai bound Other topics 23 11-13-2014 11:27 AM
FIRECalc- Part-time work before full-time retirement nico08 FIRE and Money 8 02-17-2014 11:51 AM
Is it "retirement" if you work part time? kenpoed FIRE and Money 26 11-29-2012 05:42 AM

» Quick Links

 
All times are GMT -6. The time now is 11:45 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.