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Debra Wutke, Program Manager for Business Management in the Continuing Education division of Red River College describes the paid and volunteer opportunities for retired people in her college:

Many retirees get satisfaction mentoring young people in their field; an ideal place to pass on your experience is at colleges and universities that hire skilled people on short-term contracts to teach continuing education students, and in some cases, full-time students as well.  Alternatively, colleges often invite experienced people to volunteer as guest lecturers once in a term.