24 Aug 5 benefits of working from home after retirement
Retirement doesn’t necessarily have to mean the end of your professional career. There’s so much you can still do, all while working from the comforts of your home.
Where do you see yourself after retirement? Spending time with your family? Sitting on your porch? Or perhaps continuing to work? What if we told you, you can do all that together? Sounds too good to be true? But the truth is that the way technology is evolving, it’s never been easier for even retired seniors to continue growing professionally; and all this while spending quality time at home!
Let’s have a look at some of the benefits of working from home after retirement.
1. Financial independence
While most retirees do have a sufficient amount of savings and a retirement income, they are usually just enough to cover the basics. They seldom account for things like inflation, long-term care, and increasing healthcare costs.
Opting to work from home with a work from home business allows you to keep your existing savings with the accrued interest. You can use your income from this to take care of your general expenses and not have to worry about unforeseen expenses. Not to forget, you continue to be financially independent!
2. Good for your health
Healthwise too, working part-time after retirement can have multiple benefits. Work allows you to stay mentally active, as you challenge yourself daily. This way you can delay the chances of any age-related mental illnesses. Other than this, it keeps you physically and socially active too, giving you a sense of purpose and makes you feel young.
3. Increased social security benefits
You can delay your social security benefits by continuing to work remotely. The longer you wait, the more you stand to gain in the end. Moreover, once you’ve reached full retirement age, you don’t need to worry about your work impacting your social security benefits.
Waiting to collect the bigger benefit will help to secure your spouse as well, owing to the amplified survivor benefit.
Working part-time can help offset those costs. This way you can save substantially each year just on medical expenses.
4. Learning something new
Retirement is the perfect opportunity for you to try out and learn something new. You can pursue those hobbies you’ve been putting off for so long. Not only will you be learning something new through your work, but the flexibility it comes with allows you to take up that pottery class or gardening class you’ve always wanted to try out.
5. Keeps you alive and kicking
Contrary to people suggesting that you slow down as you age, if you work even after you cross 65 years of age, you could actually be doing yourself a lot of good!
Retirement doesn’t need to be the end of your professional career. It could, in fact, be the start of a new and exciting journey for you; one which allows you to spend time with your family, do the things you didn’t have time for earlier, and continue to grow as a person and professional. Clearly, working remotely after retirement seems like something promising.
To learn about work from home opportunities for retired professionals, feel free to reach out to us at Arise.