You worked all of your life! You saved for your retirement! You earned your Social Security! And finally the day has come for you to retire. Now you are asking yourself, “What now?” How can you stay involved? How can you earn some extra money? And for most people, staying busy is important. Most people can accomplish everything they want in retirement during a 6 month timeframe. Here are a few creative ways to continue pursuing your passions with more time in your schedule during retirement.
By first examining your skills and talents you can come up with ideas to make money and have fun doing it. For example, if you like to write, you can easily start a blog to share your ideas with others. There are online resources available that will show you how to begin, run and make money by posting blogs on any subject that interests you.
If you are someone who loves art or history, consider becoming a tour or museum guide. And if you are really ambitious, think about starting your own tour business. Maybe you don’t want to take on quite so much, but you want to get out of the house once in a while and work when it suits you. Consider registering with a Temporary Agency. You can pick and choose when and where you want to work.
Are you crafty? This is a great way to turn your hobby into a money-making proposition. Whether you sew, make pottery, or knit, you can use your talents to earn extra income. Websites like Etsy.com are a great way for you to display and sell your products on-line. And if you are really handy and you know how to restore and update old furniture, you can offer your services for one-of-a-kind furniture restorations.
Maybe you are more focused on the outdoors and fitness. If that’s the case, then consider a dog-walking service. The benefits are two-fold! You earn money, and you get your exercise in at the same time. Perhaps dogs aren’t your cup of tea, but the outdoors appeals to you and you love to garden. Selling your homegrown produce at a local farmer’s market is an ideal way to turn your green thumb into green cash! Keeping with the outdoors and walking theme, if you are a shopper and you love antiques, check out estate sales, garage sales and flea markets. Remember, one man’s trash is another man’s treasure! Reselling your finds on websites like eBay can bring you some much needed extra money.
Retirees can also use their knowledge and past careers to start a part-time consulting business. There is a need for scientists, engineers and management personnel. Part-time consulting for an hourly fee can be very lucrative. You can also use your skills as a plumber, painter, electrician or woodworking talents to offer your handyman abilities to others. You may be required by your state to become licensed so check with your state officials before offering your services.
If you are retired, you are probably an empty nester too. You can turn that empty space in your home into cash by renting out a room or your entire home to vacationers if you are traveling. Renting out your home may not be appealing to everyone. If that’s the case, consider childcare. You can offer after-school care or all day care. Be sure to check with your state for licensing requirements.
There are also ways to use your knowledge in reading, writing, and arithmetic to earn extra money. Even if you weren’t a teacher, you can apply your skills to become a tutor. There are local services that pay tutors for their services or you can advertise your service through word-of –mouth or on-line. In addition to tutoring, you can apply to your local school system to become a substitute teacher. After passing a locally-given test, you can become certified as a substitute and work when you want to.
And last, but not least, now that you are retired, consider giving some of your time to seniors who are older than you who may need help with those simple, everyday activities like grocery shopping or doctor’s visits. Maybe they just need company or someone to read to them. Whatever they need, this can be a rewarding and lucrative way to spend your extra time.
So, happy retirement and enjoy your time!