Generally, good retirement jobs are enjoyable and a bit flexible. They may allow you to work from home sometimes or make your own schedule. For example, jobs as administrative assistants and office managers often give retired people the ability to keep working part-time. Others may prefer to specialize in a particular area, like bookkeeping or marketing.
However, starting a business can be a very attractive opportunity for retirees with years of experience. A good retirement business can let individuals turn an enjoyable hobby, like crafting accessories or caring for dogs, into an income and business opportunity. If you’re interested in starting a small business after you retire, think about the things you enjoy doing before you get started. Then consider how much time you’re willing to set aside. If you enjoy working, consider opportunities like property management or bookkeeping. If you’d prefer to create your own schedule and stick close to home, consider business ideas like selling handmade goods or tutoring.
Alternatively, some people prefer to purchase franchise businesses. This gives them access to a proven business for retirement. You just need enough savings to cover the franchise fee and startup costs. There are many different franchise types, from fast-food restaurants to moving companies. Think about the industry that most interests you before you get started. Then research the opportunities, costs, and requirements for each option under that category.