Starting a business during your retirement years can be a productive way to spend your extra time while rounding out your savings. It’s also fun. In fact, 54 percent of working Americans plan to work during retirement simply for the enjoyment of it, says Fox Business.

If you’re thinking about starting a new business during your retirement years, keep the following things in mind.

Work Around Your Retirement

You’ve worked really hard to reach retirement, so don’t spoil that hard work with a new business or career you’re not in love with. Consider a business that will let you live the retirement you’ve always dreamed of, says U.S. News. That may mean giving yourself a shorter workweek, building in travel opportunities or starting your business with family or friends to spread some of the responsibility.

Help Others Like Yourself

Finances are the primary concern for working boomers making $40,000 to $90,000 a year (51 percent said so), and physical health comes in a close second (49 percent), says Fox Business. Fox suggests that those looking to launch a business in retirement should consider helping their fellow retirees with finance and health. This could take the form of bookkeeping, tax preparation, teaching yoga or coaching health and fitness.

Use Your Work Experience to Your Advantage

Even if it’s been a while since you had a full-time job, you can still benefit from old connections and past experiences, says U.S. News. If returning to your field doesn’t appeal to you, consider becoming a consultant in your industry. Not only will you be able to leverage your expertise, but consulting can also afford you the flexibility that most people desire during their retirement.

Don’t Use Your Retirement Savings

No matter what type of business you decide to start, one rule remains steadfast: don’t use your retirement savings to do so — it’s far too risky, says U.S. News. If the business isn’t successful, you could be draining your hard-earned retirement savings. Instead, focus on starting a business with as little money as possible, and then reinvest any profits.

Are you planning on starting a business during your retirement years? What kind of business will it be?