At a time when the majority of men and women expect to work beyond their retirement, many baby boomers will use this time to shift gears in their careers. In fact, 80 percent of today's 76 million baby boomers plan to keep working in the future and more than half of them are interested in pursuing new careers, according to a Merrill Lynch survey.When it comes to seeking a new career or continuing to work for the same employer, many boomers will opt for
part-time employment.
This option is particularly appealing for boomers who want flexibility in their schedules or cannot find full-time employment. "A
part-time job can keep you physically, mentally and socially active and perhaps allow you to experiment with a new work role without the commitment and energy drain of a 40-hour work week," says Laurence Shatkin, Ph.D., co-author of "225 Best Jobs for Baby Boomers" (JIST © 2007).
Working
part-time is also a great solution for boomers who want to retire, but can't because they're financially unprepared to leave the work force. "For the first time since you were a teenager,
part-time work may be financially feasible even though you will be paid for fewer hours and probably at a lower hourly rate," Shatkin says. "Social Security, a pension, a 401(k) or some combination of these may cover a major fraction of your income needs. Plus, Medicare or a retirement medical plan may provide health-care benefits that previously had been affordable only through a full-time job."
The following are 20 of the best jobs for baby boomers working
part-time, based on information from the U.S. Department of Labor.
Teachers, Postsecondary Annual Earnings: $54,406
Annual Openings: 216,000
Registered NursesAnnual Earnings: $53,640
Annual Openings: 215,000
PharmacistsAnnual Earnings: $87,160
Annual Openings: 23,000
Clinical Psychologists*Annual Earnings: 56,360
Annual Openings: 17,000
Counseling Psychologists*Annual Earnings: $56,360
Annual Openings: 17,000
School Psychologists*Annual Earnings: $56,360
Annual Openings: 17,000
Instructional CoordinatorsAnnual Earnings: $50,060
Annual Openings: 18,000
Security GuardsAnnual Earnings: $20,520
Annual Openings: 228,000
Self-Enrichment Education TeachersAnnual Earnings: $31,530
Annual Openings: 39,000
Speech Language PathologistsAnnual Earnings: $53,790
Annual Openings: 10,000
Truck Drivers, Light or Delivery ServicesAnnual Earnings: $24,420
Annual Openings: 219,000
Personal and Home Care AidesAnnual Earnings: $17,020
Annual Openings: 154,000
Licensed Practical and Licensed Vocational NursesAnnual Earnings: $34,650
Annual Openings: 105,000
Medical and Clinical Laboratory TechnologistsAnnual Earnings: $46,710
Annual Openings: 21,000
Teacher AssistantsAnnual Earnings: $19,760
Annual Openings: 259,000
Legal SecretariesAnnual Earnings: $37,390
Annual Openings: 39,000
ChiropractorsAnnual Earnings: $67,940
Annual Openings: 3,000
AudiologistsAnnual Earnings: $53,040
Annual Openings: 1,000
Janitors and Cleaners, Except for Maids and Housekeeping CleanersAnnual Earnings: $19,110
Annual Openings: 454,000
Caption Writers
Annual Earnings: $45,460
Annual Openings: 23,000
*Jobs 4, 5, and 6 share 17,000 openings.Copyright Selena Dehne, JIST Publishing