Author: Mary Shannon
Reviewed by: Maria Alfano-Huggins
Retirement is a thrilling time of life. After a lifetime of work, you finally have the freedom to do whatever you want. But that doesn’t mean you should be content to sit around and do nothing!
Going back to school post retirement can provide retirees with many benefits, from staying mentally engaged to earning extra income.
Too old to go back to school?
Perhaps it’s a direct result of the international crisis that we faced in early 2020 and beyond, but colleges and universities have been seeing a rise in attendance, online and in person, of mature adults over the age of 55. To answer the question, no, this proves you’re not too old to go back to school post retirement.
Are You Too Old to Return to School Post Retirement
Check out these five reasons why a return to school in retirement could be the ideal path for you:
Fulfill YOur Learning Dreams
- Flexible Learning Options – More and more students are opting for online college over traditional programs. For one, it provides the flexibility to manage other life commitments. But it can also be more cost-effective and allow you to learn at your own pace.
If your ultimate goal is to achieve success in business, pursuing an online business degree might be just what you need. An accredited program will offer theoretical knowledge and practical experience through real-world projects, giving you an edge over younger graduates when competing in today’s job market or launching your own venture after graduation. It could also provide invaluable networking opportunities that pave the way toward future success!
You’ll need to research different schools and programs in order to earn your bachelor’s degree in business. Take your time finding a program that fits your needs and budget!
- Lifelong Learning – Returning to school presents an opportunity for lifelong learning. You may find yourself wanting something new and different or with a newfound passion that you would like to explore in more detail. Whether it’s a painting class or a business management course, continuing your education can keep your mind active and engaged — something that all retirees should strive for! The best part of online education is you can do it from anywhere in the world…
School Post Retirement is Good for your Brain Health
3. Preventing Cognitive Decline – Aging brings the inevitable risk of developing cognitive decline. But studies have shown that engaging in meaningful activities like attending school can reduce this risk significantly.
Taking classes that challenge your brain will keep your mind sharp and help you stay focused and alert while providing an opportunity for self-improvement and growth. It also lets you explore the topics that interest you most while forming new relationships with people who share similar interests.
Back to School Post Retirement for A New Career
- Second Career or Passion Business – What better time to start a second career or launch your dream business than when you’re retired? You could return to pursue a degree in your desired field or even take courses related specifically to launching a small business or freelance venture. With access to resources like online classes, webinars, and internships designed for older adults, having the chance later in life can make it easier for those looking for something new.
If you choose to start a company in retirement, consider establishing an LLC. An LLC will ensure that your personal assets remain separate from any liabilities related to the business, protecting your hard-earned retirement savings. And you can choose to be taxed as a corporation or pass income and losses directly to you as an individual.
Further, consider making business cards with a free template, which is an easy and cost-effective way to create professional-looking materials for your new business. Business cards are crucial for making a lasting impression on potential customers, and the right template will allow you to add custom fonts, colors, and designs to fit your brand.
Bigger Social Circle
-
Improving Your Social Life – Finally, returning to school gives you the opportunity to socialize with other adults your age who share similar interests, which is something we all need during retirement! Attending classes helps to build connections between peers which can lead to strong friendships outside the classroom.
Plus, many universities offer special events, like lectures and seminars, developed specifically for retired adults. These can be excellent opportunities for networking and exchanging knowledge with like-minded individuals who understand what it means to transition into retirement life.
What are the best degrees for older adults going back to school post-retirement?
If you’re a hip 55+-year-old and love your social media, then perhaps a marketing degree is right for you.
For those who have a business mind and prefer to venture into this field, you can try getting your MBA (master of business administration).
And, those who love helping others might find joy in healthcare administration and obtaining their MHA degree.
In Summary
Channel your inner Nola Ochs from Jetmore, Kansas, who obtained her degree in 2007 at the age of 95 years young! Going back to school and earning a degree post retirement not only can keep your mind sharp but also open up ample opportunities.
Whether you choose to get an online degree or go the traditional route, embracing lifelong learning can help you prevent cognitive decline, position yourself for a second career, and reap significant social benefits. So don’t sit around — get out there and start researching programs!
Other posts you might enjoy:
- 9 Unique Business Ideas with Little Startup Costs for 50+ You Need to know
- 9 Incredibly Easy Tips To Start Blogging After Retirement
all images by pexels.com