Nobody knows more about navigating the rat race -- and winning it -- than an experienced corporate executive. If you've built an impressive resume over the course of your career, you could parlay that achievement into a second career as a mentor and coach for the corner-office crowd. You can either sell your services as an independent contractor or receive training and certification from a popular coaching service like ActionCOACH, which has locations in 26 countries [source: Mattioli].
Again, this doesn't have to be full-time work. Executive coaches charge from $150 to $500 an hour, depending on experience, so you can make plenty of retirement spending money without sacrificing your tee times [source: McCarthy]. Career coaching is a particularly good second career choice for retirees with solid experience in human resources or executive headhunting. It can even be a career option for retired psychologists who can help unemployed execs find their true calling.
But what if you're sick and tired of office politics and wearing a pantsuit to work? Our next second career idea for retirees might be right up your alley.