6 Part-Time Retirement Jobs that Can Earn You Some Extra Money Today
- Author: Gail West
- Posted: 2024-08-05
Even after you have retired, you may find that the combination of your savings and your Social Security check may not be enough to give you the lifestyle that you want. Perhaps you do not want to dip into your savings as much as you otherwise would have because you are afraid that you will outlive your money. For whatever reason, many retirees find that they need to earn a little bit of money in retirement to better their life. Here are six ways that you can earn some extra side income in retirement to help your personal finances.
Tutoring
The good news is that the gig economy is in full force, and there are many different ways to make money that do not require much physical effort. One thing that retirees have to offer based on their years of working and education is their wisdom. One way that this can be helpful is by tutoring. There are numerous online matchmaking websites on which you could sell your services. Even working an hour or two each day can help you with some extra income to supplement your social security check. Moreover, tutoring students can also be a rewarding way to earn some extra money.
Freelance Writing
Writing is another job where you can work an hour at a time to earn money here and there. Your only commitment that you make is to finish the individual article that you started. There are numerous content mills online that match freelance writers with those who need web content. A couple of hours each day makes a nice supplement to your fixed income. In addition, the challenge of putting together an article is a nice mental exercise for those who miss the intellectual exertion of their former job. There is always lots of work available for freelance writers online, and you do not even need to leave your home.
Temporary Jobs
Becoming a temp will usually require physical work at a store or an office, but you have little commitment other than staying for the duration of your assignment. Many retired people miss working but do not want to go back to the full-time workforce. Working as a temp can enable you to keep one foot in the workforce while also earning a little bit of extra cash. You will not get rich temping, but there may be intellectual challenge involved in your job depending on your position. Another benefits of temporary work is that you are able to interact with people on a daily basis.
Tax Preparation
If you have a college degree and are good with numbers, tax preparation is a good way to earn some additional money that can last you for the rest of the year. The great thing about this job is that it is seasonal and not physical at all. You will work hard in the spring for a couple of months. That will be it for the year. Even if you were not originally an accountant, it is relatively easy to acquire the skills necessary to perform this job. There is no expectation that you work outside the season because there is no need for your services then.
Consulting
One of the best ways to stay active in your prior profession is to act as a consultant. Companies will need your expertise because they know that you have something to offer. The great thing about a consulting gig is that you have say in setting your own hours. You are generally your own boss so long as you are fulfilling your consulting contract. Consulting is also a way to keep your connections in your industry current. You may want to keep tabs on things even after you retire, and consulting is a way to keep one foot in the door.
Bookkeeping
This is one of the higher-paying part-time jobs for retirees. It will take some technological savvy to work with the accounting system that the company has. You will also need to have some preexisting skills in the area. There are classes that you can take that will get you up to speed, but employers will prefer some prior experience. The good news is, if you have the necessary skills on your resume, you can earn between $30-60 per hour. The field is growing and is ideal for part-time work.
