Part-time vs. Full-time Work for Older/ Retired Person

A number of factors may result in your finding part-time rather than full-time work during your later years. One factor to keep in mind is that you can only earn a specified amount each month and still receive your social security benefits. Therefore, unless you decide to forego your social security benefits you will of necessity be limited in the amount you can earn. Of course, after age 72 you can earn as much as you want and still receive your social security benefits payments. If you plan to work after retirement, it is a good idea to go to your nearest Social Security Pension Office and talk over your plans.

Older people also tend to seek retirement part-time jobs after they retire because decreasing strength requires them to work less and at lighter jobs. In the interest of good health, it may pay a worker to cut down on the amount of work he does.

Availability of jobs may be a third factor which determines whether you have a part or full-time job. When older people go to an employment office, they usually find out that there are many more part-time jobs available. In other words, there is less competition for part-time jobs with young workers, most of whom are looking for a full-time job in order to support a family.