Best Second Careers for Retirees

Retirement is full of questions: 

  • Will I have enough saved?
  • How will I spend my time?
  • Am I willing to step away from a fulfilling career?

One of the easiest ways to answer these questions is by getting back into the workforce. Many professionals consider what the best second careers for retirees are before they are even ready to celebrate their last day in the office.

Finding a second career that meets income and lifestyle goals is no easy task, but there are plenty of options depending on skill sets and the ability to learn.

If you are preparing to retire, or have recently retired, and always had a knack to help others improve and succeed, then the role as a teacher, professor, or mentor could be a good second career for you.

These roles focus on providing the knowledge and preparation to help others reach their goals. Teachers and professors can work in either full or part-time roles, and generally take summers off as well. That spare time can help you adjust to the life of a retired person, while still providing income and the sense that you’re helping others.

The schedule of a mentor can be even more flexible, and since you are your own boss and set your schedule as it meets your needs, many consider this to be one of the best second careers for retirees. Mentors can also set their own rates and take as many clients as they want, so the potential for supplemental income can be great.

Just as these roles give retirees the opportunity to share their knowledge and experience, so does the role of a professional writer or blogger. While the ever-expanding realm of the internet and social media might be intimidating, there’s no reason why an experienced business professional wouldn’t be able to succeed through sharing stories of past success (and even failure!).

Out of these options for the best second careers for retirees, all of these positions provide additional income, flexibility, and the chance to lean on past experiences. Another position that provides these benefits (especially additional income) is that of a Franchise Consultant.

Working in the billion-dollar franchise industry, these Consultants work on researching industries and franchises, helping potential franchise owners, and closing deals between franchises and the new business owners. Training with a company such as The International Franchise Professionals Group (IFPG) can get retirees into this role in just four to six weeks. Commissions on closed deals can vary, but with IFPG the Consultant keeps 100% of the commission.

Franchise Consultants are diligent self-starters who keep pace with other entrepreneurs, but with the right business experience and training, this can be an extremely rewarding position. And just like the driven entrepreneurs that they work with, Franchise Consultants are their own boss.

With the ability to set their own schedules, Consultants can work as often or little as they need. For retirees, that means the chance to set your business schedule around your life, making time for personal responsibilities, family, and even travel. Since most work is conducted over the phone or by email, Consultants are free to work from anywhere, opening the possibilities to taking long weekends (or entire months) away without missing a beat.

Training is key to success in this field. With a training program such as IFPG's, training can be completed in just 4 to 6 weeks. This program builds the understanding and resources available to Consultants so they have the strongest grasp of franchise brokerage possible. In addition, IFPG provides a suite of resources needed to succeed, including:

  • Access to more than 450 franchisor partners
  • A mentorship program and continuing education
  • Business forms, scripts, and presentation materials
  • A personalized business website
  • Access to a leads CRM and SMS text updates on opportunities

IFPG has an experienced, talented network of professionals to help retirees reach their goals of financial and personal independence. To learn more about this position (and why it’s such a great second career option!), view IFPG’s resources to find out how becoming a Franchise Consultant works and what a day in the life of an IFPG professional is like. If this is the path for you, franchise industry experts are ready to speak with you.

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