Wait, Didn’t You Retire?

Barbara T

Barbara lives in Arizona with hubby and their spoiled dog, Meadow.   They recently retired, bought a motorhome and now enjoy the good life.

A common question these days when telling friends I’ve gone back to work part time. “Wait, didn’t you retire”? Well, yes, almost three years ago!

Those almost three years were blissful! Not having to rush around, get ready, hurry out the door with coffee on the run. No ringing phones, deadlines or people with problems, etc., etc. Traveling was so awesome! Shreech . . .! Oh, traveling was also expensive. Yeah, that did put a crimp in the budget. Our retirement is enough for our living expenses and we get by nicely, however, in our case, travel during the summer for any length of time does require additional funds. Could we retire and still make money?

So, with that in mind I picked up 3 1/2 months of part-time work doing my previous job as the person replacing me left a year in. I agreed to be a part-time, non-benefit employee at the university since I was already collecting a state pension. All went smoothly working 3 days a week. Hey, if I had those hours before, I may not have retired. Hmmmm, maybe not.  Anyway, this allowed enough savings to cover the summer travel in the RV easily.

This year, I’m pretty much doing the same but for a different department at the university. 3 months part-time while the permanent employee is on maternity leave. Won’t pay quite as much but could run longer either way.

Things to watch for:

Social Security – if you are collecting early social security and under the regular required age of 66, making more than $17,000 a year could cost you more in taxes for that earned income overage.
Permanent vs. Temporary – It hurts your credibility if you are hired as a permanent employee rather than a temporary, saying goodbye after a few months. OR if you are saying goodbye after a few months, don’t mention in the interview and have a different reason for leaving (medical or family issues, etc.) not to travel. Unless they are OK with it.
Get over your age difference – Seniors are mature, experienced employees. Own up to it. Stop worrying about grey hair and younger people. They have young kids and have to take time off and miss work, you don’t. Be dependable and say so! They would be lucky to have you.

So, if you are thinking about working after retirement, get out there! It might only be part time, and not pay a lot but boost your income to do additional, fun activities. I know I’ll keep doing this part-time gig each year if possible and boost the savings for RVing or other travel. Yes, I did retire!

 

“We love to escape the Phoenix heat by going up to the Mountains.”