The Life Insurance and Market Research Association reports that 51% of the population retire between the ages of 61 and 65. Experts state that in order to enjoy your retirement, you should have $1.5 million in savings before you leave the workforce. Yet, individuals aged between 55 and 64, typically have just $120,000 squirreled away. Therefore, in order to pursue your early retirement dream, finding an enjoyable part-time job to keep your finances above board is the way to go.

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3 Part-Time Jobs All Retirees Should Consider

Pet sitting

For retirees who love animals, becoming a pet sitter could be the perfect part-time job. The job isn’t too strenuous and you’ll get satisfaction from looking after various furry creatures. According to one survey, 40 million American pet owners opt to holiday at home each year rather than abroad due to inadequate pet care options. With 88% of owners stating their pet is happiest at home, your role as pet sitter will involve you regularly visiting the pet in their own home, providing fresh food and water, exercise where appropriate and of course some love and affection.

Cash in at Christmas

Many retirees don’t want a year-round job as it can hinder their retirement plans. If this sounds like you, then taking on a part-time role over Christmas could be the perfect compromise. Companies of all sizes hire thousands of extra staff over the holiday season, with the likes of UPS taking on 95,000 in the lead up to the big day last year. Other options include writing and sending Christmas cards for individuals who are too busy to take on the task themselves, working in a Santa’s grotto as an elf or even the big man himself. Retail jobs are also plentiful at this time year or you could work on a market stall selling your own festive goods.

Become a driver

If it is more regular work you’re after then becoming a driver could be just the job for you. By opting to buy your own van or minibus, you could help people move home or ferry people around to events. However, when you do set up your own business, it’s essential you take out the appropriate vehicle cover, including insurance. Alternatively, you could become a delivery driver for one of the country’s takeaway restaurants. As Statista reports that 10% of Americans use these delivery services once a week and with Cowen predicting that the delivery market will jump by 79% within the next four years, you’ll find there are plenty of places willing to hire a retiree for the role.

With millions of individuals retiring early, many don’t have the financial backing to support them through their retirement years. Therefore, taking on a part-time job is the perfect solution. Thankfully, there are a variety of jobs out there which will suit your new lifestyle, so ensure you consider all options before adopting a new role.