Who says you have to live off your savings after retirement? After all, being young at heart is not quite enough, you want to have a young person’s wallet too. If you feel that way but don’t want to go out to make money after retirement– and understandably so– you have come to the right place.
In this article, we will explore 7 ways you can make money fast and easily after retirement without leaving home so you can spend your senior years with dignity.
You Will Be Reading About
If you have got a skill like writing or coding, freelancing is one of the best ways to earn money fast for retirees due to several reasons such as flexibility, autonomy, diversity of work, and other freedoms.
You can offer your skills and expertise on freelance platforms like Upwork, Fiverr, and Freelancer. You can leverage your extensive experience to get work on your terms on these platforms and have yourself a productive retirement.
You get to set your own schedule and work from anywhere with an internet connection. You have the freedom to prioritize your personal life while still making a living.
You are also your own boss in that you have more control over the type of work you do, the clients you work with, and how much you charge for your services.
Further, freelancing often allows for more creative freedom and flexibility in terms of the types of projects and clients you work with, which can be especially appealing for you if you are in a creative field.
And finally, freelancing can allow for a better work-life balance, as you can set your own schedule and choose how much or how little you want to work which is just what a
Recruitment marketing on social media with a commission-based model is a great way to make money fast for retirees. If you are going to spend your retirement sitting on the couch scrolling through social media all day, you might as well share job openings online and get money for it.
The Synkdup Headhunter Program is ideal for retirees as it follows a minimum responsibility, commission-based model, and you can make decent money from it with just your social media. And unlike other programs, you are not responsible for any recruitment function other than promoting job vacancies.
How it Works
You need to simply go on the Synkdup website and sign up to get enrolled in the program as a headhunter. As a Headhunter, you get your own personalized online dashboard where you are regularly provided with web links to job openings all over the U.S.
You are expected to share these web links on your social media accounts. For each legitimate job applicant who applies to a job using a web link you posted on your social media, you get a commission of $25-$50 depending on the job profile.
Benefits of Headhunting for Retirees
Headhunting is an excellent option for anyone who would like to earn money for helping others find a job, but these features make it particularly good for retirees:
It is very likely that you have acquired some assets after a lifetime of working, now it is time to make these assets work for you. How? By renting them out.
You may not realize it now but that car or truck, that computer you no longer use, or that spare room you have got in your house can be turned into a very profitable source of passive income in your retirement years.
There are several reliable platforms you can use to make money by renting out property. Here are some of the most popular and reliable ones.
Rental Platforms to Consider
These platforms are reliable and well-established, but it's important to read their terms and conditions carefully, including any fees they charge and their cancellation policies, before you list your property.
It's also advisable to familiarize yourself with local laws and regulations around short-term rentals in your area.
If you have worked in an industry for a long time, you are very likely to be in a position of providing valuable insights and suggestions to businesses. The venerable status of being an experienced and retired professional is really well suited for becoming a consultant to both businesses and individuals in your industry.
Retirees can make money by providing consulting services in a variety of ways. Here are some steps you can take to start a consulting career after retirement.
Consulting can be a flexible and rewarding way to continue working in retirement. And by following these steps, you can not only make money by providing consulting services and sharing your expertise with others but also derive great satisfaction by putting to good use the experience you have gained over your working years.
If you are looking for easy work after retirement where you don’t have to strain your mind too much, you should definitely consider taking transcribing gigs online. You have probably already developed decent typing skills over all these years of working, and if haven't, retirement is the perfect time to learn a new skill.
Transcribing involves typing out what is being said on an audio or video file to make a textual copy of it. If you have got good typing, all you really need is a reliable computer with high-speed internet access and a comfortable pair of headphones. You can also get a foot pedal to control audio playback if you really want to increase your speed.
There are many online where you can get transcription work easily. On most of these platforms, you will be required to take a competence test before you can start getting work. The tests typically include two parts:
Popular Online Transcription Platforms
Most platforms out there pay via PayPal and some of the well-paying and trustable websites include:
Maybe it is time to give back to the profession that has sustained you through the years and try your hand at teaching. As a retiree, you are very likely to have a wealth of knowledge and experience to share about your particular line of work, and if you give it a try, who knows you may turn out to have a knack for teaching.
And you don’t have to go from educational institution to institution looking for a job as a teacher either. Thanks to the explosion in the popularity of online learning, today, there are numerous online platforms out there today where you can offer your teaching services.
Popular Online Tutoring Platforms
Some widely trusted and reliable online tutoring platforms that you should consider include:
Today, there is a great demand for hand-crafted artsy items online. And if you are interested in carpentry, pottery, painting, sculpting, etc, you can devote your leisure in retirement to monetizing these hobbies.
Online marketplaces like Amazon and Etsy are particularly useful for selling items like scented candles, quilts, knitted clothes, wall hangings, table mats, and other decorative goods.
And since you have got a lot of time on your hands, you can use network-based social media platforms like Facebook and Instagram to promote your handmade articles online.
Instagram is a particularly good platform if your products photograph well, and Facebook is probably the first social media platform you ever used and are most familiar with. Both are really popular social media platforms where you are most likely to find connoisseurs and admirers of such products.
Quick Tips to Sell Handcrafted Products on Social Media
Here are a few things to bear in mind while selling your products online:
These are some popular ways to make money from the comfort of your home that you should consider if you are looking to make money after retirement. However, there are numerous other ways as well, requiring different levels of expertise.
You should realize your greatest asset after retirement is your free time and use it well to find a way that suits you best. Hope you found this article useful and best of luck with your retirement.