Lifestyle Jobs Post Retirement: Benefits and Healthcare

Upon entering retirement, maintaining access to affordable healthcare and fringe benefits can become a concern. While some retirees opt for part-time work to supplement their income, others seek “lifestyle” jobs that offer minimal work hours while providing essential health coverage and perks. This blog explores various job options that cater to these needs.

Health Insurance Considerations Post-Retirement

After retirement, individuals are no longer eligible for employer-sponsored health insurance. Options include enrolling in private health insurance plans, Medicare, or accessing subsidized programs like Medicaid. Private health insurance premiums can be expensive, especially for those with pre-existing conditions. Therefore, it’s crucial to explore alternative options that provide affordable coverage.

Jobs with Minimal Hours and Healthcare Benefits

1. Military Reserve Component

Joining the military reserve component, such as the National Guard or Reserves, allows access to Tricare Reserve Select, a highly subsidized health insurance plan with low monthly premiums. Members can choose between coverage for themselves or their families at a significantly reduced cost.

2. Flight Attendant

Pre-COVID, some airlines offered part-time flight attendant positions requiring only a few flights per month. These positions often included health insurance and flight benefits, allowing individuals to travel while maintaining coverage. However, the availability of such positions may be impacted by industry conditions.

3. Professional Services

Professionals such as lawyers, doctors, and CPAs may consider phased retirement, reducing their workload while specializing in preferred and lucrative cases. This option allows them to maintain health insurance benefits while enjoying a less demanding schedule.

4. Part-Time Positions Related to Hobbies

Working part-time in a field related to one’s hobbies, such as a bike shop or quilt store, can provide health insurance coverage while pursuing passions. The hours and responsibilities may be flexible, making them ideal for retirees seeking a balance between work and leisure.

5. Nonprofit Organizations

Volunteering with organizations aligned with one’s interests can provide a sense of purpose while potentially leading to part-time paid positions. Many nonprofits offer health insurance benefits to employees, providing a valuable supplement to retirement income.

Factors to Consider

When considering lifestyle jobs post-retirement, individuals should weigh the following factors:

Healthcare coverage and costs
Fringe benefits (e.g., free meals, travel perks)
Workload and schedule
Alignment with interests and skills
Impact on retirement income

By carefully assessing these factors, individuals can identify lifestyle jobs that meet their specific needs and aspirations.