The Rise of Remote Work in Retirement| Opportunities in 2023

The COVID-19 pandemic accelerated the remote work revolution. Telecommuting jobs enable remote work in retirement to earn income while maintaining flexibility and freedom. In 2023 and beyond, remote work is poised to become an increasingly popular choice for retirees seeking meaningful work on their own terms.

Remote work is often ideal for retirees seeking supplemental income without the stresses of commuting or office politics. With early baby boomers now reaching retirement age. The coming years will see surging interest in remote work as part of retirement lifestyles.

Retirement no longer necessarily means the end of work. Many retirees now create “second acts” pursuing passion projects, launching businesses, or transitioning to part-time work by choice rather than financial necessity. As more companies plan to allow remote and hybrid options long-term, exciting new opportunities are emerging for remote work in retirement.

The Growth of Remote Work

The COVID-19 pandemic forced a massive remote work experiment, proving many jobs can be done from home effectively. According to Gallup, the percentage of U.S. workers telecommuting doubled from 31% in 2019 to over 60% in mid-2020. 70% say they would prefer hybrid or full-time remote work in the future. Though office centricity will partially rebound post-pandemic, experts predict 25-30% of workers will have remote options long-term.

Remote work is also spreading across generations. A Harris Poll showed 67% of Gen Z, 63% of millennials, and 53% of Gen X prefer a mix of remote and in-person work. With increasing numbers of younger workers demanding location flexibility, adopting permanent remote policies helps companies attract and retain talent.

Remote Work in Retirement

Benefits of Remote Work in Retirement

While the remote work boom creates new retirement options for all ages, older workers stand to gain unique advantages:

Flexible Scheduling – Telecommuting roles allow for creating customized schedules to accommodate travel, hobbies, and families. Retirees can work when energized while avoiding burnout.

No Commute – Retirees can avoid traffic, transit hassles, and costs while working safely from home. This also reduces stress.

Casual Environment – Remote work enables a comfortable home office setting without workplace wardrobe and appearance pressures.

Health Perks – Working from home allows fitting in exercise, healthy cooking, and screen breaks more easily. This supports physical and mental well-being in older age.

Supplemental Income – Remote work offers financial gains without compromising retirement benefits or freedom. Earning potential rises with high demand for specialized boomers.

Purpose and Fulfillment – Meaningful work provides cognitive stimulation, social interaction, daily structure, and a sense of community for retirees.

New Challenges – Remote roles allow retirees to expand skills in emerging areas like technology, digital marketing, design, and project management.

Lifelong Learning – Remote work necessitates regularly learning new tools and skills. This helps keep aging minds sharp.

For retirees who value autonomy, remote work represents the ideal balance of structure and flexibility while allowing the pursuit of personal passions.

Growing Remote Work Options for Retirees

What remote jobs align well with retiree skills and lifestyles? Here are some of the top fields expected to see remote hiring growth in 2023 and beyond:

Remote Work in Retirement

Consulting – Retirees can consult in former career fields, providing advice and mentorship. Hot areas include business advising, HR consulting, legal consulting, and consultative sales roles.

Project Management – With decades of experience managing complex initiatives, retirees thrive as remote project managers. Demand is high in IT, construction, marketing, and product development.

Healthcare Services – Medical coding, telehealth nursing, health coaching, medical writing, patient advocacy, and care coordination roles offer remote flexibility.

Education & Training – Retirees can teach remotely for schools, universities, or corporate training programs. Subject matter experts are ideal for creating online courses.

Customer Service – Empathetic retirees shine providing thoughtful remote support via email, chat, phone, and social media for brands seeking mature representatives.

Administrative/Office Support – Virtual assistants, data entry clerks, appointment schedulers, and operations coordinators allow working behind the scenes from home.

Accounting & Finance – Bookkeeping, payroll, tax preparation, auditing, data analysis, and Quickbooks-related functions routinely employ remote accountants.

Contract Writing– Retirees can use writing talents honed over a lifetime working remotely for blogs, publishers, marketing firms, and small companies needing content.

Computer & IT Services – Help desk, technical support, software development, coding, and cybersecurity professionals are in high remote demand with boomer tech experience.

Sales & Marketing– Lead generation, appointment setting, account management, social media marketing, email marketing, and creating marketing collateral all transition well to remote models.

These are just a sampling of high-growth remote fields where retirement-age professionals can provide tremendous value.

Optimizing the Remote Job Search

How can retirees best search for and land appealing remote roles? Tips include:

  • Target companies embracing long-term remote or hybrid policies. Always confirm policies upfront.
  • Look beyond job boards; many remote jobs get filled via networking and social media.
  • Showcase tech savvy and examples of overcoming remote work challenges.
  • Spotlight soft skills like self-motivation, discipline, communication, and time management. These thrive remotely.
  • Emphasize flexibility, reliability, and productivity over age during the application process.
  • Be open to contract or project-based roles without long commitments. These allow more freedom.
  • Consider freelance/consulting platforms like FlexJobs, Upwork, and Freelancer.
  • Leverage retirement benefits when negotiating rates. Lower living costs and supplemental income needs allow flexibility.
  • Ask about opportunities with current employers. Many allow remote work for proven veteran employees.
Remote Work in Retirement

With strategic positioning, retirees can overcome remote work barriers through focus, preparation, and leveraging unique advantages.

Conclusion

The remote work revolution shows no signs of slowing down, unlocking exciting new retirement possibilities. By combining freedom and flexibility with purpose and profit, remote jobs allow retirees to work on their own terms, maintain active lifestyles, and supplement retirement income. With technology reducing location dependency for many roles, retirees will increasingly view remote work as an appealing facet of new retirement realities in 2023 and beyond. Remote work offers the ideal balance of structure, social connection, challenge, and reward for vibrant retiree lifestyles.

FAQs about Remote Work in Retirement

What are the main benefits of remote work for retirees?

Top benefits include flexible scheduling, no commuting, comfortable home offices, health perks like easier exercise/cooking, supplemental income without compromising freedom, mental stimulation, and expanded skills.

What types of remote jobs work well for retirees?

Great options include consulting, project management, healthcare services, education/training, customer service, administrative roles, accounting/finance, contract writing, IT/computer services, and sales/marketing jobs.

How can retirees stand out when applying for remote roles?

Showcase tech abilities, remote work success, self-motivation, discipline, communication skills, time management, and flexibility. Emphasize productivity over age.

Where can retirees find remote job opportunities?

Job boards, networking, social media, freelance sites like FlexJobs/Upwork, asking current employers about remote options, and targeting companies with remote cultures.

What salary can retirees expect from remote work?

Pay varies widely by role and experience. Retirees can often negotiate favorable rates based on supplemental income needs and lower living costs. Many earn thousands per month.

A Ahmad
A Ahmad

A Ahmad, a certified financial planner, Retirement Step was created to share over two decades of retirement planning experience with readers looking to take control of their financial futures.

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