Retirement once was built on the three-legged stool of Social Security, personal savings, and company pensions. But pensions, we all know have basically vanished, and these black swans keep undermining our personal savings. This means if we want to shore up the stability of our retirement finances, we need to bolt a new leg onto the stool.
Great Jobs for Seniors for Money, Friends, Freedom, and Flexibility
And that new leg is our ability in the technology age to exploit the gig economy to our own benefit. No matter your skill set, no matter what you do now or did in the past, there is an option that will align with your own skills and passions. Read on as we share how you can make your dreams of making money anywhere come true.
Stock photography websites are huge repositories of photographs, covering almost every possible subject you could imagine. Photographers from around the world simply upload their images to any one of a number of these huge databases, allowing magazine editors, designers, or practically any organization with a website to buy them.
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Instructors can monetize their videos by charging a subscription fee or password protecting content for paying customers only. You also need to know the exact phrases that people search for. Make sure to use the same keywords when you write your video title, description, and tags.
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Once you have a loyal and engaged following, you can start partnering with brands that will pay a fee to have their product mentioned or reviewed. And there are thousands of magazines all over the world that will take them—both in print and online.
Finding these publications takes some research starting out, but it pays off big dividends down the road.
Thankfully, the internet has made this process so much easier for writers. These are instructions from the editors to freelance writers. Copywriting is a mega-industry, ripe with opportunity. That includes all those countries with a super-low cost-of-living.
How to Make Money in Retirement: A Guide to Turning a Hobby into a Side Business
English teachers are in huge demand! All of that means huge opportunities for English teachers. Teaching English as a foreign language jobs are available in virtually all countries where English is not the first language.
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A simple microphone, a laptop, and free recording software, plus some low-cost hosting, will get you up and running. Assuming you have a laptop, your biggest start-up cost is a good microphone.
One episode a week usually works best. You should create something a listener can easily consume while commuting to and from work. There are a number of ways to make money from your podcast.
The most obvious is through commercial sponsorship, but you can also use it as a platform to advertise your own products or services. Perhaps you are one yourself.
Great Work-at-Home Jobs for Retirees
What you might not find in your new overseas home are businesses that showcase art…or studios that have art classes and retreats. Herein lies an opportunity, especially in towns where tourists frequent, and expats live, but which lack museums, galleries, and other opportunities for appreciating art. You can teach classes how to make money for a pensioner on the Internet host retreats…there are many possibilities.
- Working a regular job after retirement is not only unappealing to many seniors, but it can be difficult to get.
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One of the easiest ways to make a profit with coffee—and for coffee lovers to enjoy a satisfying and fun endeavor—is to open your own coffee shop. For example, a growing number of tourists and expats in Asia are looking for European- and American-style coffee like espresso, cappuccino, and latte, as well as classic American foods and desserts.
Set up a Consignment Store Consignment shop owners face stiff competition in North America, but in many other countries these kinds of bargain outlets are few and far between. Setting up a reselling business has many advantages.
Longer life spans, fewer employers offering pension benefits, and volatile stock markets have left many would-be retirees working longer or forgetting about retirement altogether. One in five people over 65 were working or actively looking for work.
Maybe you want to show friends around your new country or take family members on a trip to your favorite destination. Your tour guiding business can take different forms, from walking tours to excursions. Consider Ecotourism Savvy locals and expats have been cashing in on the tourism industry for years, especially in regard to ecotourism.
With an increasing number of folks showing interest in responsible traveling and a desire to learn about the native environment of a place, ecotourism has exploded in popularity. You might be pleasantly surprised by the level of expat demand for expat services—even if locals also do the job.
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Health and Wellness Skills Pay Overseas Wellness…fitness…natural healthcare…they have a following all over the world. There are all sorts of ways to run your business.
You could rent a small room for treatments or buy or lease a location—and invest in equipment—for a gym. You can organize yoga retreats anywhere in the world you choose… or you can be the person who makes your studio available to visiting retreat groups.
Sidelines in nutrition, aromatherapy, or consulting can generate additional income. If you want to live in a place where people take vacations—sunny, beach resorts or bustling, tropical cities—getting a slice of the rental action could be your ticket to income.
100 Great Jobs for Seniors for Money, Friends, Freedom, and Flexibility
So what do you need to set up as a wedding planner? Energy and patience are high on the list. But if you love to organize details and enjoy the fuss and frills of a wedding, this could be the perfect opportunity for you in the right binary options myth and reality. Training and certification classes are available, primarily online, but the best way to become a wedding planner is through experience.
Rent Your Space There are many websites that allow you to monetize your spare room, or whole apartment, advertising it to travelers from around the world.
That's what Jackie Booley did. Her husband had recently died from chronic kidney failure, and Booley, then 61, was exhausted from serving as his primary caregiver while holding down full-time employment. But retirement proved to be short-lived.