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Once upon a time, retiring meant hanging up the proverbial boots and saying goodbye to working. Today many Americans are redefining retirement by choosing to work after the age of 65. If you’re looking for a way to join them and make extra money in retirement, read on!
If you’ve just retired, it’s time to pop a bottle of champagne, celebrate your achievements and say goodbye to working in the traditional sense. You’ve earned it. Then you might consider that retirement is a great opportunity to earn extra money on your terms while staying active and social. Whether it’s to supplement your pension and Social Security or simply to monetize a hobby or skill you’ve always wanted to try, there are many achievable ways to earn a decent income after you retire.
Oh, and if you’re worried about your Social Security benefits being affected by extra income after retirement, don’t be. When you reach full retirement age, your benefits won’t be affected by your earnings[1]. Your additional income will be taxable. If you’re not sure how additional earnings would affect your tax status, consult a tax professional to ensure that there are no surprises when tax season comes around.
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This is an ideal strategy for younger retirees or those who want to use their extra money to build a nice nest egg for their children or grandchildren.
Learning how to invest wisely can be one of the best ways to earn extra income leading up to retirement and well after. I’m not talking about the get-rich-quick schemes you see on YouTube. The key is to start as early as possible and invest in something modest and safe like Index Funds or ETFs.
Make sure you do your research if you plan to start investing after retirement. Having a diversified portfolio and keen eye for risk is key to being successful and protecting your assets. Market volatility is not the only thing you should protect your assets from. Learning how to spot and avoid investment fraud is crucial, especially since seniors are often targeted by fraudsters.
💵 Earning Potential:
That depends on how much you can afford to invest and for how many years you’ve been doing it. Just to give you an idea, according to CNBC’s calculations, if you invested $500 monthly at a 4% rate of return in the last 10 years, you’d have over $73,000 now and over $91,000 if that rate was doubled[2].
Letting strangers into your home is one of the most profitable ways to earn extra money in retirement. You can make a solid income by safely renting out your home using platforms like Airbnb and VRBO.
If you have a newly renovated basement, a cottage you rarely use, or you go on vacation for a month, you have prime real estate! Instead of leaving your unused property vacant, you can rent it out and make a profitable side income. One retired host rents out her New Orleans home to travelers and makes enough money to support herself and supplement her Social Security.
Make passive income renting unused space. Turn your garage, shed, driveway, attic, closet, or any storage space into cash. List Your Space →
💵 Earning Potential:
In a recent analysis of tens of thousands of loan applicants, loan provider Earnest reported that Airbnb hosts make an average income of $924/month[3]. It’s a realistic and achievable way to earn extra income in retirement. And take it from a frequent Airbnb user: a clean, nicely decorated space will get you top dollar.
Thanks to high-speed internet and Covid-19, virtual learning has become the way of the future.
If you enjoy teaching, this is something worth considering after you retire. One of the most popular ways you can do this is by teaching English online. Many websites will require you to have a Bachelor’s degree and an ESL certificate will increase your chances of landing a higher-paying teaching job. Previous teaching experience is a plus but it’s not mandatory. If you’re interested in tutoring, you can sign up on websites like VIPKid or Preply and find flexible tutoring opportunities that fit your skillset. It’s a great way to make extra money in retirement without having to leave your home!
📘 Interested in teaching English with VIPKid? Teacher Michael shares everything you need to know to start teaching English online: Teaching English With VIPKid: How to Earn Full Time Pay Without Ever Changing Out of Your PJ’s
If you prefer to teach or tutor face to face, you can do this too. Advertise your services or respond to job postings on websites like Indeed or Monster. Tutoring children of friends, neighbors, or relatives can give you a start, and word of mouth can bring in new clients.
💵 Earning Potential:
Online English teacher Shannon Fernandez compiled a list of the top online teaching companies[4] to work for and according to their average pay, you can expect to earn anywhere from $15–$26/hour. Similarly, Chegg reports a starting salary of $20/hour, with tutors earning over $1000/month.
If you have a skill you’d like to monetize in retirement, now is the time. An estimated 57 million Americans worked as freelancers in 2019, with skilled freelancers making more than 70% of the “traditional” American workforce[5]. Better yet, 29% of those workers are baby boomers[6]!
Some of the highest paying freelance gigs are copywriting, graphic design, law, marketing, and e-commerce. You can join popular freelance websites Upwork and Fiverr to land clients, or you can independently market your services. Many popular freelance niches have job boards dedicated specifically to that specialty.
These often contain higher-quality postings than the more general work exchange sites.
💵 Earning Potential:
According to the 2019 Freelancing in America Study[7], many freelancers earn around $20/hour, while those doing skilled services earn $28/hour.
Being around animals and staying active are proven to release endorphins that make you happier. You can get paid for doing both those things by signing up to popular websites like Rover and Wag!. Rover is the largest network for pet sitters and walkers. You can easily create an account and offer services like dog walking, pet sitting, drop-in visits, and more. You can set your rates, choose how much you want to work, and pick the type of animals you want to care for.
📘 Dog Sitting With Rover: How I Make $1000 a Month (and How You Can Too)
💵 Earning Potential:
Dog walkers on Rover earn an average of $15–$20 per walk in most areas, while in some metropolitan areas like New York City you can earn even $30 for a walk! If you’re looking to earn more, dog sitting or boarding can get you upwards of $35/night.
Even if you decide to do this as a part-time gig you can make over $600/month.
Selling online can be a steady, easy way to earn some money on the side. You can sell items you already own or things that you make because you want to flex your creative muscles. I’ve made hundreds of dollars by selling old items on Facebook Marketplace and Craigslist. This can be anything (and I mean anything) from furniture, old jewelry, tools, clothes, or even cars. You can join countless “buy and sell” groups in your area on Facebook, list your items, and accept cash (most popular) or a bank transfer.
Retirement is a perfect time to explore your talents and hobbies. If you‘re crafty and enjoy making things like paintings, portraits, or pottery, consider selling them online on websites like Etsy or Shopify. Etsy explains how to set up your shop and reach millions of people that may want to buy your creations.
💵 Earning Potential:
You can potentially make a few hundred a week selling goods you already own, depending on what they are.
The best selling items in my experience are furniture, electronics (check out Decluttr for that), and items that you refurbish. If you’ve got an online store, you can learn what it takes to be successful on Etsy to make a good profit.
📘 Reselling on Poshmark: How I Earned Over $25K in One Year With My Side Hustle
One of the most rewarding ways to earn extra income in retirement is by offering your services to care for children or elders who need assistance. If you’ve had kids or grandchildren of your own (and you’re not tired of it yet) then consider joining websites like Rent A Grandma, UrbanSitter or Sittercity.
If babysitting days are behind you, many of these websites are also looking for people to take care of seniors. One website that solely specializes in caregiving is Seniors Helping Seniors. Just like all the other jobs I’ve listed here, they have a flexible schedule so you can set your own hours.
💵 Earning Potential:
According to Business Insider[8], UrbanSitter nannies earn $11-$16/hour on average and get to keep 100% of their earnings.
Indeed reports that Seniors Helping Seniors have a similar earning potential, with caregivers earning $11/hour, while a caregiver and companion can earn even $23/hour[9].
Do you enjoy speaking to people, or did you have had a client-facing role in your previous career? Working as a customer service representative is another way to make extra money in retirement. You can choose to do it from the comfort of your home, or in a retail environment. Customer service jobs are constantly in demand especially during the holidays, so there are countless opportunities for you. Websites like FlexJobs are a great resource to find and apply for these types of jobs.
But a word of advice from someone who used to work with customers: you must have patience and be empathetic. As long as you keep that in mind, this is a great way to socialize and make extra money.
💵 Earning Potential:
According to Glassdoor, the average hourly salaries for CSR roles in the United States range from $9–$17.
The average yearly base pay is $27,834.
Temping is a genuinely great way to make extra money in retirement. It’s flexible, you can try new things, and you can choose between jobs that are more or less physically demanding. Some examples of common temping jobs include secretary, administrative assistant, and sales. You can join a temp agency or look for opportunities yourself on job boards like FlexJobs or websites specifically helping seniors find work like RetiredBrains or Seniors4Hire.
💵 Earning Potential:
This depends on the job you choose. Most start at a minimum of $15/hour and many can be done from the comfort of your home.
You may see articles online about things like doing surveys, transcribing videos, or writing an e-book to earn extra income. You can make some money from those activities, but most either pay below minimum wage or are not a realistic source of stable income. So when you decide to supplement your retirement nest egg choose wisely, because your time is valuable.
Don’t be discouraged if the first method you try isn’t the right one for you. There are many ways to make extra money in retirement, and you’ll find the one that fits!
📘 Read more about how to start making extra income: Extra Income Ideas
Last year, I asked the women in our community how they make money in retirement. Their answers were amazing and showed just how creative our generation has become when it comes to supplementing our income in the best years of our lives.
So, today, I’d like to share 60 creative ways that we have found to make money in retirement. I hope that you find them useful.
If you’re out of work and looking for employment in your 50s, read 10 Ways to Move Forward to help get you organized to find your next job. Also, Tips for Finding a Job After 60 has several pieces of advice to get you back making money from your passions.
Did you know that networking is very important when it comes to job searching? Read this article to find out how you can market yourself and your skills in the modern world.
Do you have a knack for business? Thinking of starting your own venture? You’re certainly never too old to go that route.
Ok, now, here are the original 60 ideas…
Earn cash hosting people from around the world when you rent out your extra space on Airbnb. It’s a great example of the shared economy in action and currently has hosts in 192 countries. You can rent a room or your entire home by the night, week, or month. Cash in on that next event your city hosts!
Here’s a way to share two of your best attributes: your love and your wisdom. You can upload a profile on the Rent a Grandma website and start accepting jobs from families for childcare, eldercare, tutoring, being a personal assistant, and more.
You negotiate job responsibilities and payment directly with the families.
You can even start a franchise in your area – anywhere in the world. We checked. The world is waiting for you!
Imagine spending a few weeks in a luxury condo in Singapore, a secluded beach house on the island of Roatan, or a restored castle in the French countryside. A growing number of people are getting paid to travel through house sitting websites.
Find out the best ways to get paid to stay rent-free in exotic locations you’ve always wanted to see.
You may already have a big headstart on this moneymaker. If you have digital photos sitting around on your computer, why not see if you can sell some of them? There are plenty of stock photo sites where you can submit photos. Get snapping!
You don’t need to be a novelist to write copy. Turn your words into cash at a variety of websites like LinkedIn, Copify, ProBlogger, or Indeed.
You can also use Upwork to look for editing, copywriting, and other creative jobs.
Join the microbusiness movement with your own store on Etsy.
We love Etsy because it empowers creative people who want to be solo entrepreneurs and gives them a platform to work from.
Get inspired to create a side hustle or even be able to quit your day job. Don’t let the competition scare you away, there’s room for every idea!
If your friends marvel at your witty one-liners, you can turn your sass into cash at Café Press or Zazzle. Open a store, upload images, art, graphics, or text, choose which products to feature, and get paid. If you put some thought into this and develop a niche, you’ll set yourself apart.
Not creative? They both offer affiliate-marketing programs where you promote others’ products and earn a cut.
International students in need of mentoring in specific subjects are meeting with freelance tutors through virtual sessions. You need to be knowledgeable in the subject you want to tutor, but don’t necessarily need a degree in it – though they appreciate that too.
Choose the jobs that you think are a good fit for you and get paid to help others.
Simple!
Can you really make money from blogging? Yes! In fact, some people make staggering amounts of money, and for even more, it’s their sole income.
You don’t typically make money overnight; it involves a lot of consistent dedication. However, if you choose a subject that you love talking about, can it really be called work? Read more about the benefits of blogging here.
Calling all shoppers – here is your dream side-project. There are companies that will pay for you to “shop” their clients’ businesses to give them honest feedback.
The business owner uses the service as an undercover quality check of various aspects of customer service. Legitimate mystery shopping companies are worldwide. Most, but not all, belong to the Mystery Shopper Providers Association.
eBay isn’t just for cleaning out the garage, basement, or attic… although you can certainly use it for that. Experts agree that you should try the service out as a buyer before you start trying to sell, so you understand a little about how it works.
Once you get started, you may find that it’s just the place to market your products or services. You can even open your own eBay shop.
If you’d like to transform your love of pets into a viable business, Pet Sitters International offers a free ebook titled, 5 Must-Do Steps to Starting A Successful Pet-Sitting Business, which provides a good starting point to research your options. Not only would you be good for the pets, but they’d be good for you too!
Fiverr is a funny, high-energy website where you may make some quick cash with the right idea. Would you pay $5 to have someone promote your business in a leprechaun suit, sing happy birthday from a tropical beach, make a video rant, or overreact?
From real value to sheer craziness, people are making money selling their skills online. What skill could you sell for $5?
Instead of letting that food processor, electric drill, or extra iPhone sit around collecting dust, put them to work. You can send your gadgets and gizmos out into the world to make money for you through websites like FatLlama.
You can even make money by connecting people who need something with people who have it.
Take your unique perceptions, combine them with your knowledge of your community, and earn money as a local guide.
Make your tour thematic like distinctive coffee shops in the area, showcase the neighborhood with a “best of” tour, or dig deep to find the hidden gems no one would know to look for but you. Whatever you do, have fun with it!
Advertise your tours in your local paper or join Local Facebook pages about the area you want to be a guide in.
Maybe you have a two-car garage with only one car, a side driveway, or an empty parking pad. Turn dead space into ongoing income through sites like Spot Hero.
You list your parking space for free with the site and they take care of the rest. When your space rents, they keep a small percentage of your rental fee and send you the rest. Search for this innovative idea in your country.
You can help people gain an appreciation for the environment with this outdoors opportunity.
National parks provide visitors with guides and other helpers during their stays.
You can check out nearby opportunities on sites like Older and Bolder (US) or similar prospects in your country. Teach the next generation to honor the earth, while you commune with nature.
If you’ve spent your career in the corporate sector, here is a chance to share your expertise and leadership with social-purpose organizations that are changing the world.
Encore Fellowships matches your skill set with the organization that can most use your guidance. They actually refer to their fellows as “second acts for the greater good.” It doesn’t get any clearer than that!
Contracts are usually six months to a year. Humanity is waiting for you.
Did you know you can make money from renting out your assets? Websites like Getaround and RelayRides make it easy.
Why pay to park your car at the airport the next time you jet off somewhere? Instead, Getaround will rent out your car, clean it, and take care of it.
They have a one million dollar insurance policy too. TURO lets you do peer-to-peer car sharing by the hour or by the day.
Cash Crate is a great paid surveys site. Trying new free products and services, taking consumer research surveys, and referring others can pay you. You can also earn money back on your own online purchases and win prizes for socializing and playing games. (What?!)
But that’s not why we love it. We love it because of the community and transparency. Cash Crate has an active forum where their two million members exchange tips and ideas.
Classical musicians take note. (Pun intended.) If you’re a classically trained musician who’s relegated your talents to entertaining a small circle of friends, it’s time you breathe new life into your work. Create something magical and license it online.
TaskRabbit is a website that brings together people who need to outsource everyday errands or skilled tasks with people who have the time and talents to get them done.
Once you become a TaskRabbit, you bid on tasks that are a good fit for you.
TaskRabbit is available in most major U.S. cities as well as Canada and several European countries. If you can’t find such a service in your country or area, TaskRabbit can be a wealth of information for you to start your own tasking service.
Think you’re too old to become a yoga instructor? Think again! Some of the best yoga instructors I met in Bali were in their 60s. As with anything else in life, the journey of a thousand miles begins with a single step. So, why not start your own yoga journey today. Who knows where it may lead you?
ROVER is a cool site that brings doggie parents together with dog lovers who’ll watch their furry babies while they’re on vacation. If you’re a dog lover, this is the perfect way to earn money and enjoy the companionship dogs offer too.
The company is U.S. based, but the first time you click on Become a Host, it will open a box inviting you to expand into your country.
(We tried it.) Be the first Dog Vacay host in your community!
New websites that promote collaborative consumption are popping up all across the web. Lyft is one website that connects car owners with people who need rides.
By using your smartphone and your car, you can earn money by giving rides to people in your area. When a request for a ride comes in, you can choose to accept it or not.
Here’s an adventurous notion; work overseas as an expat. If you really want to shake up your life, do a Google search for “jobs for expats” and prepare to be amazed.
There are job opportunities across the globe. Tutor French or lead an English playgroup in Hong Kong, or be a student support manager in the Netherlands. Pick a country and check out their opportunities.
Do you have a really great idea that you haven’t acted on because you don’t know how to fund it? You come up with a project idea and decide how much it will cost you to make it come to life. Post it on Kickstarter and let people who love your idea contribute to it.
Once your project is funded, people can continue to contribute until your fundraising period ends. (Some projects get funded over 2000% above the goal.) Make your dream idea a reality on Kickstarter.
Let your star quality shine by signing on as a movie extra. Extra work pays little for an eight to twelve-hour day with a lot of downtime, but you’ll be on the big screen! Movies shoot at locations across the globe.
You can find opportunities near you by watching entertainment news, checking websites like Craigslist for casting calls, or registering for free with a casting agency. Who knows? It could be your calling (pun intended).
Don’t just babysit; make a difference. Choose one or more skills that would be valuable to children, like learning philanthropy, environmental stewardship, money management, yoga, art, computers, or lifetime fitness. The list is endless, really.
Offer after school paid classes. Kids learn valuable life skills, parents know their kids are someplace safe and enriching, and you earn money.
Check out Learning to Give for ideas.
Growing mushrooms, especially gourmet mushrooms, can be a profitable side-hustle or a full-time income. There are blogs, websites, and forums where you can learn from and interact with other mushroom growers.
Mushrooms don’t have many requirements and make a perfect urban farming project. Put your green thumb to work and grow mushrooms for profit.
Just because we’re over 60 doesn’t mean we aren’t dynamic and enthusiastic contributors to the world. Connect with employers who understand that and are actively looking for seasoned employees through Senior Job Bank. It’s nice to feel appreciated for the talent and wisdom you’ve accumulated over a lifetime.
Do you have a special talent in the arts – music, visual art, performance art, or writing? Offer paid classes at senior centers. Fees are typically nominal – under $50 per person. Participants meet a couple of times a week for several weeks.
We aren’t talking cutting out snowflakes or making clay ashtrays.
We’re talking real artistic engagement. Think about what’s possible and decide how you can share your talents with others.
If you are at the end of a successful corporate career, getting a position on a corporate board may be the next step for you.
Boards are heavily populated with retirees – most were CEOs or upper management during their careers. 50/50 Women on Boards is an organization dedicated to helping successful women gain board positions.
With economic uncertainty in the U.S., Canada, and Europe, retirees are packing up and searching for more affordable locations. If you happen to live in one of the top destinations for expats, you could provide a valuable service introducing them to your country.
For a great example of how you can start your own relocation tours, check out how retiree Jackie Lange has been doing it for several years in Panama.
Teach English as a Second Language online. You meet with students one-on-one from your home computer via their website.
Opportunities exist to teach at every level. What better way to meet people from another culture without leaving home?
Lead a summer trip for teens with Bold Earth. Although it’s headquartered in the U.S., Bold Earth guides lead teens in projects from the Swiss Alps to the Amazon Basin. Trips are community service-based to provide fun, adventure, and opportunities for giving and developing leadership.
Do you long for the rural life? Raising alpacas has become surprisingly common. They are easy to raise, fun to be around, and turn a good profit.
A Google search will turn up many websites dedicated to your success as a novice in the business. You can also partner with alpaca farmers if you have the skills to turn all that luscious fur into something beautiful and wearable.
Bilingual women, here’s an opportunity to put to use or develop your translating skills. You can do online translating for Gengo. You work when you want, and you choose the jobs that are suited to you.
Payments are made directly to your PayPal account. Bring the world closer together one translation at a time!
Trade in the cubicle for the bunny slippers. If you’ve been an administrative assistant in a brick and mortar company, you’re already skilled at this. Now, you can transfer those skills to your comfy home office and work the jobs you want, when you want. Check out WAHM.com for the best places to get jobs.
If you have a graphic design background, Creative Overflow has 10 ideas for making extra money. As a bonus, they give you three websites you can go to for each of the 10 ideas; that’s 30 opportunities to turn your creativity into cash. Start one of these great side-hustles, and let your creativity overflow!
Do you make that special something that friends and family beg you to bring to gatherings? Now that you don’t have to cook, maybe you want to!
There are so many ways to go with this from the practical to the fanciful. For all things practical, get some food for thought from Wikihow.
Let’s get cooking!
Think over 60 is too late to be a DJ? Ruth Flowers, AKA Mamy Rock, begs to differ. Even if you prefer wedding receptions to sold-out rock concerts, you have to admit that this is an awesome way to share your love of music.
Get started at How To Be A DJ. (Note: Why not rent your equipment from sites like SnapGoods?) Now, get your groove on!
Your garden receives the accolades of the neighborhood. While you love your garden and love to talk about it, you don’t necessarily want to grow someone else’s garden for them.
What you can do is teach them how to do it (casually or formally) and guide them through garden consulting. Specialize in organic gardening and grow your clientele exponentially.
Daily Feats is a website that pays you to be a better person. You accumulate points by setting small goals for yourself and reaching them. You can take steps to improve yourself or to help others.
When you’ve accumulated enough points, you’re rewarded with gift cards and coupons.
It won’t pay the bills, but if you need a little motivation to make changes in your life, this is where the rewards are.
Do you pride yourself on always being able to find a good deal? Shopping and bargaining for deals on Craigslist, then reselling them a few hours later at a profit can be a great side-hustle.
Find a niche of products that you know a lot about and buy/sell your way up to the big ticket items of your category. Note: Safety first; always meet buyers and sellers in public places.
As a personal shopper, you could specialize in the type of shopping you want to do. You can market your skills as an image consultant if you have an eye for color and style. Going this way commands the big bucks.
You could also take the path of shopping for people who can’t do their own shopping. The rewards here are more for the spirit than the pocketbook.
Is everything you see filled with potential and possibility? Channel your optimism into furniture refurbishing and bring a little more beauty into the world.
Initially, you can do some small pieces for yourself – pick up things that need some love from garage sales. Once you’ve refurbished a few pieces and taken pictures of them, you can hire yourself out to others.
How fun is this? Grab your pick, shovel, and cowgirl hat and take an adventure vacation to pan for gold or dig for diamonds.
In either case, whatever you find is your own. Pay for your vacation and then some! With a little research, you can find the hot spots around the world. Even if you don’t turn out to be one of the lucky ones, you would’ve had an experience you’ll never forget. But, what if…?
Everybody loves a party. If you’re the extrovert who always goes the extra mile for the dinner party, birthday celebration, or World Cup Final get-together, then share the love through party planning.
Find a niche that you’re particularly good at and that you love and start letting people know you’re available. You can keep it casual for some extra money on the side or scale it up to a business if you change your mind.
Have you had an idea for a book burning in the back of your mind for years? Maybe now is the time to let it out! Don’t know where to get started? Read our quick guide to writing a book here.
You’ve accumulated a lifetime of experience and wisdom. Why not share it with others? People are seeking coaches to help them in their work, with their relationships, and for their personal development.
Decide where you shine, and start coaching in that area. There is no rule saying you have to be certified to be a life coach. However, if that’s something you want, there are abundant opportunities on the Internet.
Great phone skills and a passion for people combine to bring in a little extra cash through LiveOps. Once you become an agent with the LiveOps virtual call center, you are an independent contractor. Consequently, you can work it as a side-hustle a few hours a week or scale it up into your own dynamic business.
Do you have a great idea for a mobile game or a mobile application that offers a solution? Mobile Apps offer plenty of ways to make money.
If you have the skills, you can develop it yourself. If not, hire a developer.
In many schools, you don’t need a license to be a substitute teacher. This could be a rewarding way to make extra cash. If the idea sounds intriguing, learn more about it. Typically, subs are needed for one to several days and usually on a last-minute basis. You accept the jobs you feel are a good fit for you.
People treat their pets like children and love to spoil them. If you’re particularly good at getting animals to cooperate with you and you’re into photography, combine the two to become a pet photographer.
If you do your shots outdoors, you don’t have to worry about fancy lighting. Just capturing that precious, furry face will be enough!
It’s surprising how many professionals, young and old, can’t put together a modern résumé. You can offer this valuable service and command good money for it.
Since every résumé should be tailored to the specific job being applied for, and each will require a new cover letter, you have built-in repeat business… unless you’re too good!
If you have a flair for writing, there are several websites where you can offer your writing skills for a fee.
Check out Upwork, or Guru to get started. You create a profile, specify the type of writing you offer, and start winning jobs. The sites are competitive, but if you follow their suggestions, you’ll soon set yourself apart.
Were you the family member who researched and pieced together the family history for everyone else?
Put your research skills to work for other families by offering family history services. It can be a great way to earn extra money and can also be fascinating work. Find out what it takes to get started. Happy searching!
With the trend toward minimalism, the hardest things for people to let go of are items of sentimental value. Nowhere is this more obvious than photos.
You can help people organize and downsize by digitizing their photos and scrapbooks and moving them into online storage.
Did you know that some YouTube stars make thousands of dollars a month? There are already quite a few younger video bloggers out there, but there is a gap in the market for older men and women.
Just look at Sixty and Me. We already have over 160,000 subscribers on our YouTube channel. If you like the idea of being on camera, check out YouTube’s official guide.
Here is an example of one of my own videos…
If you have a knack for making a house a home, then home staging could be a great income avenue for you. Home staging is the process of cleaning, updating, and decorating a house to make it market-ready. Learn to make money with home staging, and then grab the paintbrushes!
There you have it! 60 creative ways to make money in retirement.
I hope that you found these ideas useful. More importantly, I hope that you use this list as a starting point for finding your own way to make a little extra cash. Even if none of the specific ideas here are your cup of tea, they may give you a spark of inspiration. Good luck!
If you have already reached retirement age, what are you doing to make a little extra money? Or, if you are still working, what do you plan on doing to make money once you reach retirement age? Please join the conversation.
Retirement is an important event in the life of any person. Finally, you can not go to work and completely devote time only to yourself.
And everything would be fine, but what to do if the money received from the state is sometimes not enough even for the most necessary things? The answer suggests itself: you need to try to choose for yourself an occupation that will bring both joy and good money.
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How is earning money in retirement different from a normal 8-hour job?
The fact that a pensioner can afford the luxury of choosing when and with whom to work. He can meticulously and slowly consider every offer made to him - and boldly refuse everything that he does not like. Photo: Depositphotos
1. Money from the garden (farming).
This is one of the most familiar and accessible ways of earning money for the older generation. Farm products are very much appreciated by healthy lifestyle adherents (healthy lifestyle) and meat-eaters (vegetarians), because they are full of fresh vitamins and do not contain nitrates.
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You have a huge scope for activities: you can grow vegetables or fruits, breed animals, sell dairy products, devote yourself to beekeeping or growing mushrooms.
It is better if both spouses are passionate about farming: joint work not only brings them together and prolongs life, but also helps to divide labor so that everyone can find a job according to their strength. Photo: Depositphotos
2. Handmade.
Behind this buzzword is the opportunity to profitably do what you like - getting a decent reward for it.
Do you like to sew, knit or make something with your own hands? Then do this right now: nine0003
3. Minor household repairs. nine0003
Almost every man of retirement age can make money by doing the work of a “husband for an hour”. Troubleshoot plumbing, hang a shelf, fix a curtain, stick wallpaper - your help will come in handy both in small things and in more complex cases.
Women will also not be left without orders, because many families (especially with children) are looking for those who can shift at least part of the household chores. Photo: Depositphotos
4. Photography.
This is my favorite topic! For example, my VKontakte account has more than 40,000 photos that I took in just a few years.
If you see beauty everywhere and are able to capture a person in such a way that he likes himself, try photography. nine0003
5. Freelancing.
For anyone with a computer and Internet access, the doors of freelancing are wide open - it's a kind of remote work related to the performance of small assignments. nine0003
Check the literacy of writing an article, write an article yourself, leave a review, etc. simple orders are waiting for you on numerous sites for freelancers.
Final recommendation regarding personal finance : to always have enough money, you should learn to “befriend” them.
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Yes, we were not taught this in the Soviet Union, and even banned, promising that communism would come and money would be completely abolished. But since communism has not come, we will have to take care of ourselves financially.
What to do to learn how to live richly: nine0003
1. Read articles on financial literacy (or books on personal finance) every day.
2. Value your money - pay yourself first, and then others. Set aside 10-20% of any amount you receive. Learn how to multiply your money wisely.
3.
Wealth is in the mind, not in the wallet. Rich people always know a little more than the rest. And all because they are not afraid to try new things and learn what they do not know how to do. nine0003
To consolidate the material, watch the video:
Tags: pensioners, retirement, earnings, pension
Retirement is not a reason to refuse additional income. There are many ways to earn money that are suitable for older people, for example, remote work. It allows you to work according to a convenient schedule and does not limit the level of income.
We will tell you how to earn a pensioner without leaving home. nine0003
Need help?
Entrust your work to a PhD!
Want to learn more interesting life hacks? Join our telegram channel. A special group with promotions and discounts will help you save.
The choice of income for pensioners depends on personal preferences: someone will be happy to do needlework and sell finished products, someone will teach children and teenagers. We offer 10 ways to make money on the Internet for pensioners without investments, which will allow you to work at a convenient time and do not require specific skills. nine0003
One of the easiest ways to earn money is by completing surveys for which the user receives a reward. This type of employment does not take much time: usually from 1 to 3 questionnaires come in a week. And you won’t earn a lot of money on it for the same reason.
If you still want to try it, we recommend the Questionnaire service: it has been working for a long time and does not cheat with payments.
This activity is suitable for those who have retained good eyesight and do not experience problems with typing. Such work is also not paid too high, but it is suitable for assiduous people who have a lot of free time. nine0003
We recommend verified sites:
An easy way for a pensioner to earn money on the Internet is to complete simple tasks:
First you need to register on a special website, where you can find similar paid tasks. For example, on Yandex.Toloka. nine0003
We have already talked in detail about this way of working from home. It is suitable for those who can decipher handwritten texts and have a high typing speed. The main thing is to choose reliable clients and in no case make an advance payment: usually scammers make such requests, not real employers.
If you don't want to deal with manuscripts or retype text from pictures and scans, you can try this type of earnings on the Internet for pensioners as transcribing audio recordings. The principle of searching for such vacancies is the same as with typing - the main thing is not to make any prepayments, but to look for trusted employers with a large number of reviews from performers. nine0003
For those who have a good command of the word and can create interesting texts, rewriting (retelling someone else's material in your own words) and copywriting (creating original publications) are suitable. Businesses always need such specialists: with their help, companies convey information about themselves, their products and services to customers.
Orders can be found on popular freelance exchanges:
By the way! For our readers, there is now a 10% discount on any kind of work
and students.
This is a great way for a pensioner to earn money at home using their knowledge. We advise you not to try to look for clients on your own, but to register on a special service that can offer a large database of orders. nine0003
The Zaochnik website has been operating in the educational services market for about 20 years and guarantees its authors:
Those older people who know a foreign language well can do translations. Orders can be found on special exchanges (Tranzilla, Perevod01). nine0003
Please note: most often they receive an order for working with technical documentation, which not every philologist can handle.
Those pensioners who, despite their age, know how to work with gadgets, can maintain accounts in social networks.
