Things to Do in Retirement to Earn a Little Money

Things to Do in Retirement to Earn a Little Money

Rear view mother and daughter embracing sitting on bed

You spent decades of your life working. You went to work every day and made a difference. Now, you're retired, and it's your turn to take a break. However, all the peace and quiet might grow old. You might need a little extra money to offset your retirement savings. There are many ways that you can earn a little extra money during retirement. Here are a few side gigs to try in retirement.

Consulting

As a member of the Baby Boomer generation, you probably worked at one career and only a couple of companies during your life. This makes you an expert at something. Now, that you're retired, you can offer that expertise to companies who need help.

For example, if you sold insurance throughout your life, you could offer to consult companies to determine if they have the right policies and coverages. You can advise them on policies to buy and ones to ditch. The goal is to ensure that they have the best insurance coverage possible at the best prices.

There are many companies that are willing to pay experts in a variety of fields to come to their offices and evaluate their situation. You can view how they do a specific task and offer ways of improving. This helps the company grow, and you can earn a little extra money.

Hobby Turned Teaching Opportunity

Did you always love playing the piano or turning old t-shirts into quilts? You can turn a hobby into a chance to teach others. If you're skilled enough, you can charge for classes. Depending on the hobby, you might be able to teach more than one person at a time.

Tutoring

If you're capable of teaching a difficult subject, you may be able to tutor high school and college students. The most popular subjects for tutors tend to be English, math, and other foreign languages.

If you're fluent in another language, you might be able to tutor younger children as well. Many parents are interested in their children learning a second language before they're taught in school.

Pet Sitting

Many people rush home at lunch each day to let their dogs out for a walk. If there are a few people in your neighborhood with dogs, you can offer your services. You can go by their homes once or twice a day to let their dogs out to go to the bathroom.

It's a good idea to take the dogs for a walk to get a little exercise. You can also pick up a little spending money. If you're comfortable with pets, you can offer to pet-sit while the owners are out of town. This means you'll have to walk the dogs several times a day or possibly have the pup stay in your home.

Copy Editing

If you're a good writer and even better with English grammar, you can make some money working as a copy editor. Many online publishers look for freelance copy editors to read manuscripts for flow and grammar.

You can find copywriting services online that hire editors.

With copy editing, you can pick your hours and choose the jobs you want to complete. You can do it in your spare time or dedicate a couple of hours each day to the task. It's a good idea to brush up on your grammar before applying. Many companies will ask you to take an English grammar test before hiring you.

You may find that your retirement years aren't as fun as you thought they'd be. If that's the case, you can find a part-time job to make some money and pass the time. You can use your special skills to earn a little extra cash.