Second Career after Retirement - Part 2 of 2

 If you’re getting ready to retire and planing a second career, the following tips will help you.

• "Build your technology skills - they will make or break opportunities for older workers. There is virtually no place you can go to work and not use a computer," says Deborah Russell of AARP.
• Analyze your geographic area. Is there a market for what you want to do?
• If you decide to relocate, consider the climate and the tax structure of the state.
• Talk to people working in the second career you’re considering. Learn the challenges, rewards and cost-to-benefit ratio.
• Understand your financial picture and how a second career may affect it. If you’re younger than 70, earned income could cost you some of your Social Security benefits. Check with your local Social Security office.

Source: King, E. (1999, March/April) Tips for planning a second career in retirement. The Correspondent, 97, 14.

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