The Benefits of Serving on a Board in Retirement

Landing a board seat for a nonprofit or a corporation is a great way to utilize the skills you learned during your career while doing something that's fulfilling.

Businesswoman talks with colleagues during weekly meeting.
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So, you think you might want to serve on a board of directors? You'd like to contribute in a different way. Or broaden your expertise. Or keep active and engaged in retirement.

All good reasons. But just like applying for a job, there is a right way to go about it and a wrong way. You need to know what type of board -- public company, private company or nonprofit -- you're interested in and understand that it might take a while to find that perfect seat.

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Contributing Writer, Kiplinger's Personal Finance

Alina Tugend is a long-time journalist who has worked in Southern California, Rhode Island, Washington, D.C., London and New York. From 2005 to 2015, she wrote the biweekly Shortcuts column for The New York Times business section, which received the Best in Business Award for personal finance by the Society of American Business Editors and Writers. Her work has appeared in numerous publications, including The Times, The Atlantic, O, the Oprah Magazine, Family Circle and Inc. magazine. In 2011, Riverhead published Tugend's first book, Better by Mistake: The Unexpected Benefits of Being Wrong.