Doing nothing at all sounds fun in theory, but after a couple of months or years, you might start to get restless at home. Fortunately, there are countless ways to make money in retirement right at your fingertips!
Sell Your Photos
Within this list, you may find a fascinating niche that could soon be helping you earn extra income. From driving to writing, there are numerous avenues for earning more cash, which are all easily accessible with the help and convenience of modern technology.
In addition, these endeavors will keep you busy, active, and socially engaged within your community. Whether or not you need extra income during retirement, every activity listed is fun regardless.
Write a Book Studies have shown that aging brains are more creative because of higher Crystallized IQ test scores. With a little extra brain power and free time, this sounds like the perfect reason to start writing a book!
Maybe you have an idea for a fictional tale you want to share with your grandchildren. Or perhaps you want to offer business or consulting advice to younger people pursuing the same career path as you did. The options are endless!
Make sure the line of work is compatible with your level of strength and fitness -- dog walking requires strength and stamina, and grooming sometimes requires heavy lifting. Other duties related to animal caretaking may be feeding, watering, inspecting, cleaning cat litter box, cage or kennelbathing or giving medicine. To market yourself, you can post flyers with your information at local pet stores and animal hospitals, and there are plenty of pet-care job marketplaces where you can create your profile, such as RoverPetSitterFetch! A part-time tour guide position will allow you to share your knowledge with others and interact with locals and tourists. You can apply to various places for tour guide work, such as local museums and historical monuments.
Nowadays publishing a book can be quick and easy with direct publishing to Kindle. Benefits: Keep your mind and memory sharp Learn the process of publishing a book Earn consistent royalties from your work Start an Etsy Account This is another fun option for the creatively-inclined. You can also sell vintage or antique items on Etsy — there is a huge market demand for these goods!
Are you the life of the party amongst your friends? If so, Airbnb is a great way to gain extra income just by working at home.
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. I hope that you find them useful.
Sounds great, right? You can decide how often you want to interact how can retirees make money your guests. Some hosts rent out an entire private home, whereas others provide a shared space or private room with a common area.
Hosts also have the freedom of deciding how often to make a space available, or even sublet a room which in the long run can make a steadier profit. Benefits: Profit off a space you already own Added encouragement to make your home sparkle Guests oftentimes provide free food and beverages as a thank you Invest in a Stock Portfolio Stocks might sound a little intimidating, but the challenge will help you stay engaged with current economic trends while simultaneously turning a profit!
- 6 Fun Ways To Make Money During Retirement | AAG
- And that is especially true in retirement.
- Retired? Here Are 17 No-Cost Ways to Make Money on the Side.
- By Michele Lerner Updated Nov 26, People often think of retirement as a time of trading in the nine-to-five slog for a life of leisure, but these days many retirees want to earn extra money to boost their cash flow.
- How to make money in video
- David Kindness is an accounting, tax and finance expert.
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You can create a low-risk portfolio to ensure you never lose too much money either. Try to start one before retirement.
Ways to Make Money in Retirement - International Living
This way your stocks have several years to grow and have time to recover during market dips. There are plenty of other tips investment in internet trade tricks to help you navigate investing, and fortunately the Internet provides ample resources if you need help along the way.
Benefits: Begin investing early enough for the chance to enhance your retirement Stay engaged with economic trends and events Long-term portfolios can help provide extra income to your children and grandchildren Stay financially savvy Become a Social Media Influencer Did you know 50 percent of people between the ages of 65 and 74 who are online have a social media account?
Twitter and Facebook are the most popular platforms among this group. Start by hashtagging your favorite brands and getting creative with unique photos and captions. Becoming a social media influencer is more and more common today, and companies who cater to senior citizens will need marketers with an authentic voice.
Your hobby may be so engaging that it leads to a second career
Benefits: Get paid promoting brands you love Share your favorite products with others online Interact with a growing online community within your preferred niche Join a Money-Making App There are millions of apps on smartphones that promote money-making services! You could be an Uber or Lyft driver, you could walk dogs on Rover, run errands for someone on TaskRabbit, take online how can retirees make money with Surveys on the Go, and so much more!
Other apps like Uber could be a full-time job or side hustle if you need to make some money in a hurry.