The wife and I are getting older. We have been working for decades at this point. But we are too young to retire, and we had kids late. But one of us could totally switch over to a lower stress second career. Ideally something with benefits, maybe even a chance to get a pension. And since we still have kids, needs to be flexible. One of our kids has autism, so lots of random doctors appointment and stuff.
We both work with computers all day. What are some good options for a second career that doesn’t need to have long term growth potential. We have 8 years where ideally both of us are working so we can cover each other with benefits if something happens. After that, the kids are out of high school at least. So it isn’t like it would be a “short” term career/job. Just not a 30 year thing. And ideally, something that could at least partially be done at home.
Real-talk, pensions don’t exist anymore.
Best bet for getting benefits and flexibility is working for the government.
If you have a government job, pensions are still very much a thing. Something like 1/3 of jobs are in the public sector and the majority of them offer a pension, and they’re pretty rare but there are still some private sector jobs offering pensions as well, though I wouldn’t hold my breath trying to get one of those.
It takes a whole lot of people to keep the local, state, and federal governments running, pull up your county job listings sometimes, they’re probably hiring for a few different jobs at any given time, some require very specific skills, training, or education, others are going to be basic janitorial work, office clerks, etc. and everything in between that pretty much anyone could manage, and everything in between, and almost all of them will qualify for a pension plan.
Source- am 911 dispatcher, vested in my pension, still another 15-20ish years before I can collect on it
If you have a government job, pensions are still very much a thing.
I just retired from a government job 2 years ago (US military). I received a pension, but only because I was grandfathered into the old pension plan. The military stopped giving out pensions in 2017. They switched to the BRS (Basic Retirement System), which is basically their version of a 401K.
When they switched, they gave all service members with less than 12 years of service the option to switch to the BRS or stick with the old pension program. Anyone who joined after the switch doesn’t get a choice. They’re automatically enrolled in the BRS.
I had 15 years of service at the time, so I didn’t qualify for BRS. It wouldn’t have benefited me anyway; there’s no way I could’ve saved up enough money to retire on in my 5 remaining years. I much prefer my monthly direct deposit for the rest of my life.
It’s sad that, really, you just have to hope they break you enough to get VA comp as a pseudo-pension.
