Think retirement means no extra cash? Think again with these 10 side-hustles
- Replies 8
Retirement is often seen as the time to relax and enjoy the fruits of your labour, but what if you could do that and still keep your income ticking? Whether you're looking to supplement your finances or just stay active, there are plenty of opportunities out there that offer flexibility and good pay.
Here are some ideas to consider that can make your retirement even more fulfilling.
Freelance Writing and Editing
Freelance writing is a popular option across all age groups, thanks to the technology that makes it possible. Whether you’re interested in writing novels, e-books, blog posts, articles, or copy, there are plenty of opportunities available.
Companies are increasingly looking for writers who can share authentic experiences and tell compelling stories, giving older writers an advantage with their rich life experience.
If writing isn’t your thing but you have a keen eye for detail, consider taking on editing projects. With a strong grasp of grammar and a knack for enhancing content, you can add that “wow” factor where it’s needed.
Ghostwriting is another option, particularly if you have expertise in a specific area. It’s a great way to earn extra income while maintaining the flexibility you want in retirement.
Translation
For those fluent in any language apart from English, translation work can be a highly rewarding side-hustle. This kind of work is in demand globally, with many organisations seeking freelancers who can translate documents and interpret communications.
These roles are flexible, well-paid, and can help keep you engaged during your free time in retirement.
Rideshare
Rideshare driving has become a popular side job. It offers flexibility, good pay, and the opportunity to meet new people. If you’re looking for a job that provides independence and good earnings, consider exploring different rideshare companies operating in your city.
Pet Sitting
If you love animals, pet sitting could be the perfect side-hustle for you. This field has seen significant growth in recent years and continues to be in high demand.
Whether you care for pets in your home or the owner's, it offers flexibility that fits well with a retirement lifestyle. For added income, you could also offer dog-walking services.
Just keep in mind that demand for pet-sitting services can be seasonal and may decrease during periods when owners are home, such as during lockdowns.
Tutoring, Coaching, and Mentoring
You don’t need a teaching background to become a tutor or coach. The demand for personalised learning has never been higher, covering everything from academics to life coaching. The key is being knowledgeable in a particular field and being able to break it down for others.
In addition to tutoring, you can choose to mentor individuals in areas where you have expertise. For example, if fitness is your passion, becoming a fitness and wellness coach for corporate clients could be a fulfilling endeavour.
Alternatively, if you have a background in the corporate world, mentoring younger professionals could be a way to give back while earning an income.
It's important to note that while tutors and coaches require specific skills or qualifications, mentoring relies more on experience and guiding others to find their own solutions.
Consulting
Flexible consulting roles have become a popular choice for many retirees. They allow you to utilise your knowledge and skills in specific areas while maintaining control over your schedule.
Consulting can be both fulfilling and financially rewarding, often offering a higher hourly rate compared to traditional employment.
Baking, Cooking, and Selling
If baking or cooking has always brought you comfort, why not turn it into a profitable side business? You could sell baked goods, offer catering services for parties, or even supply local patisseries and delicatessens.
You can also take custom orders or set up a stall at local markets. Just be aware of food safety and health regulations that must be followed.
Local Tour Guide
If you live in a city with a strong tourist appeal or is a popular holiday spot, becoming a local tour guide can be a great way to share your knowledge and earn extra income. Many websites and apps allow you to sign up, or you can create your own social media page and market your services independently.
Platforms like Airbnb also offer opportunities for offering unique experiences to tourists.
Party Planning
If you enjoy organising events, party planning could be the ideal side-hustle for you. From choosing themes and booking vendors to handling decorations and post-event cleanup, party planning can be as simple or elaborate as you want.
You can work on birthday parties, weddings, corporate events, fundraisers, and more. It’s a fun way to make money and utilise your event planning talents.
Freelance Photography
If photography has been a long-time hobby or interest of yours, why not make it a side-hustle? You can offer services for events such as weddings, children’s parties, or pet photography. You could also sell your images on stock photo websites for an extra stream of income.
This option is perfect for retirees looking for flexible work to supplement their income.
Mystery Shopper
Who wouldn’t want to get paid to shop? As a mystery shopper, you visit stores and provide feedback on your shopping experience to help companies improve their services.
While the pay may not be substantial at first, the longer you do it, the more you can earn. Plus, shopping for
money—now that’s a win-win!
Finding the right side-hustle can make your retirement more enjoyable and financially secure. Which of these ideas sparks your interest? Have you tried any of these or have other favourites to share? What would you love to do to stay active and earn extra income? Let us know in the comments below!
Here are some ideas to consider that can make your retirement even more fulfilling.
Freelance Writing and Editing
Freelance writing is a popular option across all age groups, thanks to the technology that makes it possible. Whether you’re interested in writing novels, e-books, blog posts, articles, or copy, there are plenty of opportunities available.
Companies are increasingly looking for writers who can share authentic experiences and tell compelling stories, giving older writers an advantage with their rich life experience.
If writing isn’t your thing but you have a keen eye for detail, consider taking on editing projects. With a strong grasp of grammar and a knack for enhancing content, you can add that “wow” factor where it’s needed.
Ghostwriting is another option, particularly if you have expertise in a specific area. It’s a great way to earn extra income while maintaining the flexibility you want in retirement.
Translation
For those fluent in any language apart from English, translation work can be a highly rewarding side-hustle. This kind of work is in demand globally, with many organisations seeking freelancers who can translate documents and interpret communications.
These roles are flexible, well-paid, and can help keep you engaged during your free time in retirement.
Rideshare
Rideshare driving has become a popular side job. It offers flexibility, good pay, and the opportunity to meet new people. If you’re looking for a job that provides independence and good earnings, consider exploring different rideshare companies operating in your city.
Pet Sitting
If you love animals, pet sitting could be the perfect side-hustle for you. This field has seen significant growth in recent years and continues to be in high demand.
Whether you care for pets in your home or the owner's, it offers flexibility that fits well with a retirement lifestyle. For added income, you could also offer dog-walking services.
Just keep in mind that demand for pet-sitting services can be seasonal and may decrease during periods when owners are home, such as during lockdowns.
Tutoring, Coaching, and Mentoring
You don’t need a teaching background to become a tutor or coach. The demand for personalised learning has never been higher, covering everything from academics to life coaching. The key is being knowledgeable in a particular field and being able to break it down for others.
In addition to tutoring, you can choose to mentor individuals in areas where you have expertise. For example, if fitness is your passion, becoming a fitness and wellness coach for corporate clients could be a fulfilling endeavour.
Alternatively, if you have a background in the corporate world, mentoring younger professionals could be a way to give back while earning an income.
It's important to note that while tutors and coaches require specific skills or qualifications, mentoring relies more on experience and guiding others to find their own solutions.
Consulting
Flexible consulting roles have become a popular choice for many retirees. They allow you to utilise your knowledge and skills in specific areas while maintaining control over your schedule.
Consulting can be both fulfilling and financially rewarding, often offering a higher hourly rate compared to traditional employment.
Baking, Cooking, and Selling
If baking or cooking has always brought you comfort, why not turn it into a profitable side business? You could sell baked goods, offer catering services for parties, or even supply local patisseries and delicatessens.
You can also take custom orders or set up a stall at local markets. Just be aware of food safety and health regulations that must be followed.
Local Tour Guide
If you live in a city with a strong tourist appeal or is a popular holiday spot, becoming a local tour guide can be a great way to share your knowledge and earn extra income. Many websites and apps allow you to sign up, or you can create your own social media page and market your services independently.
Platforms like Airbnb also offer opportunities for offering unique experiences to tourists.
Party Planning
If you enjoy organising events, party planning could be the ideal side-hustle for you. From choosing themes and booking vendors to handling decorations and post-event cleanup, party planning can be as simple or elaborate as you want.
You can work on birthday parties, weddings, corporate events, fundraisers, and more. It’s a fun way to make money and utilise your event planning talents.
Freelance Photography
If photography has been a long-time hobby or interest of yours, why not make it a side-hustle? You can offer services for events such as weddings, children’s parties, or pet photography. You could also sell your images on stock photo websites for an extra stream of income.
This option is perfect for retirees looking for flexible work to supplement their income.
Mystery Shopper
Who wouldn’t want to get paid to shop? As a mystery shopper, you visit stores and provide feedback on your shopping experience to help companies improve their services.
While the pay may not be substantial at first, the longer you do it, the more you can earn. Plus, shopping for
money—now that’s a win-win!
Finding the right side-hustle can make your retirement more enjoyable and financially secure. Which of these ideas sparks your interest? Have you tried any of these or have other favourites to share? What would you love to do to stay active and earn extra income? Let us know in the comments below!
.png){kind=icon}
