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Working Part-Time In Retirement
Manage episode 406496483 series 3423688
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Many people consider or plan to work part-time in retirement. Maybe you’re thinking about pursuing a passion or leveraging a skill set for some additional income. While the idea of working part-time in retirement is appealing, it’s important to recognize that these plans don’t always unfold as expected.
Unfortunately, the nature of post-retirement employment is unpredictable. Some industries may not support part-time roles, unexpected health issues can arise, or you might simply have a change of heart once you enter your retirement years. Listen in as Tad and Toni share the importance of having a solid plan in place that includes reliable income sources while also incorporating a robust fallback strategy in case your part-time endeavor doesn’t pan out as expected.
Here’s what we discuss in today’s show:
- The unpredictable nature of part-time work in retirement
- Building a retirement plan that accounts for plan A and plan B
- Diversifying your income sources and reducing pressure on your retirement nest egg
- The story of Don and Debbie + sustaining your current lifestyle in retirement
Key Takeaway
"If you're going to work part-time, can we count on that income? …Really we need to have a strong plan B. "
We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio
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