Just because you are retired does not mean that you can no longer be productive.
There are a wide range of work-from-home opportunities available for retirees who want to supplement their retirement income and lead an active, productive life in their golden years.
In this post, we have identified six quick and easy ways to make money right from the comfort of your home once you retire.
If you have a bachelor’s or master’s degree and are passionate about teaching, you can become a tutor and help students prepare for aptitude tests and exams. You can sign up with a tutoring company or offer tutoring services privately, depending on your preference.
Tutors in math and physical sciences are typically in high demand are paid anywhere from $20 to $60 per hour.
If you have a flair for writing articles on varied subjects, you can become a freelance writer and make money on a consistent basis. Depending on the assignments you get, you might have to write articles, blog posts, web pages, white papers, e-books, emails, and newsletters.
Copy writing and editing
If you are highly proficient in the English language and have a keen eye for detail, you can become a copywriter, copy editor, or a proofreader.
Depending on the clients you work for you might be asked to edit and proofread print magazines, web copy, advertising and marketing materials, newsletters, and financial institution reports.
If you love pets, you could not ask for a more fun way to make money. The basic duties associated with pet sitting include feeding, walking, cleaning, bathing, and administering medication if needed.
Depending on where you live, you can easily charge anywhere from $10 an hour to $25 an hour for taking care of your neighbors’ pets.
Pet grooming can also be a good way to earn some money on the side, but it is a difficult task which requires a great deal of skill, effort and, most importantly, patience.
However, if you think you are up to it, you can offer pet sitting as well as pet grooming services together and make good money on a regular basis.
Rent out tools, equipment, and vehicles
One of the biggest upsides following the emergence of sharing economy is that you can rent out pretty much anything you own and make money. You can make money by renting out your power tools, gardening tools, photography equipment, musical instruments, sports equipment, bikes, motorcycles, cars, boats, and RVs.
The best part is that you do not have to deal with the renters directly. All you have to do is register with the app or platform that facilitates these services and they will take care of everything for you.
Rent out extra space
This is undoubtedly one of the easiest ways to make money as a retiree. If your kids have moved out, you can rent out a portion of your home and make some money.
You can rent out your parking space and storage space in your garage as well. But be mindful of the conversion costs that might be involved if you are going to covert a basement or a garage into a rental space.
If you plan to spend several weeks in a year traveling for leisure or visiting family, you could put out your entire house on rent for short-term.