This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ReServe Gets Retirees Back to Work They Want

NEW YORK ( TheStreet) -- Let's face it: Retirees may not want to hang up their work clothes forever.

For seniors who want part-time work, a nonprofit agency called ReServe can place older workers -- often retirees -- in good, part-time jobs that can make a huge difference to their communities in retirement.

U.S. News & World Report cites Alan Greenfield, a 65-year-old site coordinator for a nonprofit tax advisory program in Boston. He earns up to $15 per hour working part-time using his business and financial skills helping lower-income Bostonians meet their financial obligations with the IRS while maximizing their benefits.

ReServe says its mission is as much about helping seniors build rewarding vocations in their 60s, 70s and beyond as it is about helping the disadvantaged.

"We accomplish our mission by matching 'continuing professionals 55-plus' with rewarding part-time service assignments at nonprofit organizations and public institutions in order to strengthen their communities while earning a modest stipend," the company says on its website.

There are some rules of the road for seniors to follow before signing on with ReServ:

  • The organization has a limited reach, operating in New York City (where it has more than 3,000 "reservists," as the company calls staffers) and has recently opened offices in Newark, N.J.; Baltimore; Miami; Milwaukee; and Boston, which rolled out its service in January.
  • Jobs are part-time, with most in the 10- to 20-hours-per-week range.
  • You have to be 55 or older to qualify.

The nonprofit tries to match senior workers with projects and associations that can harness a particular skill set, such as putting a former financial adviser at a credit counseling service or a retired lawyer at a nonprofit community legal center.

That can further help senior workers, as experience as a ReServe staffer can lead to so-called encore careers for professionals who want to keep working. Or it may simply be a case of a seasoned professional who just wants to keep busy and stay useful in retirement.

ReServe can help local nonprofits tap into a network of highly trained, sharply skilled professionals who can pitch in without demanding an exorbitant salary.

"Thousands of talented, educated, active and socially aware baby boomers reach retirement age every day," says Christine McMahon, president and CEO of FedCap, parent company for ReServe. "Meanwhile, nonprofits and government agencies struggle to meet greater needs with scarcer resources. ReServe connects the two, helping the public and nonprofit sectors tap into this vital and varied talent pool in ways they otherwise could not afford, to build capacity and magnify their impact."

Older professionals looking to get involved should visit ReServe here. There they'll find job listings, programs and applications to work for the organization.

It may not before everybody, but if you have the time and talent, chances are ReServ can put you to work in your community.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs