6 Hidden Benefits of Consulting in Retirement

There's a lot to love about working part-time in retirement. Earning a paycheck is one obvious benefit, but there are other less-obvious reasons why it could be a great decision for you.

(Image credit: Abel Mitja Varela)

Upon retiring, many people are often invited to continue working part time in a consulting role. Whether to accept is one of the biggest decisions they face in early retirement. While there are a couple of drawbacks to consider, there are also several upsides, some of which are not obvious, that might make this proposition worth considering.

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Michael Yoder, CFP®, CRPS®
Principal, Yoder Wealth Management

Michael Yoder, CFP®, CRPS®, writes about issues affecting retirees and those transitioning into retirement. He is Principal at Yoder Wealth Management (www.yoderwm.com), a Registered Investment Advisor. 2033 N. Main St., Suite 1060, Walnut Creek, CA 94596. 925-691-5600.