UM expert shares tips for post-retirement employment, entrepreneurship
By Edwin Smith
Retirement can be the end of a career or the beginning of a new one. A University of Mississippi expert has some helpful suggestions for those who want to continue working rather than resting on their laurels.
Four in five US workers approaching retirement plan to continue working even after they wrap up their careers, according to the Employee Benefit Research Institute. For many of them, a career change makes sense after retirement because their needs change, said Shyra Lynch, career adviser in the UM Career Center.
“People want to be happy,” Lynch said. “For that reason, they often find new careers that are more in alignment with who they are in the present moment than those of their original careers.”
Starting a second career is mostly about preparation, she said.
“Some challenges related to finding a career after retirement include adjusting to new work environments, competing with younger candidates, maintaining a work-life balance and navigating potential age-related biases,” Lynch said.
“One can best prepare to seek employment by updating their resume to highlight relevant skills and experiences, networking with professionals in their desired field and researching the current job market trends.”
Job seekers should be aware of certain “do’s” when it comes to job hunting, Lynch said.
“Some do’s when trying to find a job include tailoring your resume and cover letter to each application, practicing interview skills and being persistent in your job search,” she said. “I also recommend exploring programs that connect potential employees with prospective employers.
“These can be very useful as they provide a platform for networking, accessing job opportunities and receiving guidance on the job search process.”
Likewise, job-seekers should avoid certain things to land that perfect retirement job, Lynch said.
“For starters, don’t exaggerate your qualifications,” she said. “Also, don’t neglect following up after interviews. And don’t rely solely on online applications without networking.”
Lynch shared some suggestions for various age groups:
- 30s-50s: Seek management roles, specialized professions, and mid-level positions
- 60s-plus: Consider consulting, part-time or flexible work, mentoring, and fields that value experience as suitable options