6 Ways to Keep Making Money After You Retire

Working in retirement can be especially fulfilling given the opportunity to do something you really enjoy.
lkjasdf
Working in retirement can be especially fulfilling given the opportunity to do something you really enjoy.

Retirement may mean the end of your usual nine-to-five career, but it doesn’t have to mean the end of earning some income. There are several ways to keep making money after you retire. Many let you keep flexible hours, put your hard-earned expertise to work or even profit from a hobby you love. Here are just a few avenues to consider.

1. Consulting

Depending on your field, you may be able to arrange a part-time consulting position after you retire. Consultants are often brought in for specific projects, which can vary from a few short days to a year or more. Consulting positions often have flexible hours and may allow you to work from home. They also let you continue to use the skills you developed during your career.

2. Part-time jobs

Traditional part-time jobs cover a wide range of employment. You can find part-time jobs through a temp agency or applying to shops, restaurants or other businesses. While working as a cashier or waitress may not be your idea of a dream retirement, it could be fun to spend a few hours each week working in your favorite boutique, wine shop or retail store. Especially if the job comes with an employee discount.

3. Freelance work

Like consulting, freelance work usually is based on a project or deliverable instead of one ongoing job. There are many different types of freelance jobs available, such as photography work, web design, typing transcripts or writing online content. There are many freelance opportunities which let you work partly or entirely at home as well.

4. Arts and crafts

If you are artistic and skilled in a particular craft, you may be able to make money by selling your creations. There is a market for many handcrafted items, either through online shops or local craft fairs, and it lets you cash in on a hobby you love. This might be a good option if you are skilled at painting, drawing, knitting, crocheting, jewelry making, woodworking or any number of creative arts.

5. Babysitting

Working parents are often looking for reliable childcare, especially when they want an occasional evening out. Many retirees enjoy babysitting kids of all ages, whether it’s watching their own grandkids or friendly kids who live in the neighborhood. Babysitting when needed can be a good way to make a little extra money, but be careful of taking on regular childcare services while parents are at work. The job may be harder than you expected and may require special licensing if you meet your state’s criteria to be considered a private daycare.

6. Tutoring

Another way to work with kids or young adults is through tutoring. If you have strong skills in math, English or other academic areas, you might be able to help local kids bring up their grades. Depending on your skill set, you may also be able to offer lessons in music, art or other creative pursuits. Tutoring and private lessons can often be done in your own home or in the homes of your students. Finding a way to keep making money after retirement can help you pay for travel, special purchases or unexpected expenses. With a little imagination, it’s easy to find several ways to earn some extra income after you retire.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

Share this post:

We're here to help! (800) 928-2055

Call us to speak with a customer service representative.

Subscribe to Our Newsletter

Get Weekly Updates

I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting [email protected] Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

The Best Places to Snowbird in 2021

We’ve gathered 25 of the best places for snowbirds, including cities in Florida, Arizona, California, Texas, South Carolina, and Nevada. For each entry, we’ve also provided a list of recommended 55+ communities in the area. If you’re ready to find your own winter retreat this season, here are some of the best places to consider.

A senior couple takes a hike in a low-humidity state they chose for their retirement.

Retirement: What Are the Top 5 States With the Lowest Humidity?

There are many factors in deciding where to retire, and the weather can be one of them. Luckily, many of the states with nice weather also offer additional benefits for people over 60 and have several exciting active adult communities. Here are the four best states for a low-humidity retirement.

Lake view during autumn at dusk of Table Rock Mountain in Pickens, South Carolina.

5 Reasons To Consider a South Carolina Retirement

What does South Carolina have to offer active adults? A selection of over 80 active adult communities is just the beginning. These five reasons to consider a South Carolina retirement just might convince you that this southern coastal state has everything you’re looking for in a 55+ community.

The Best Places to Retire in South Carolina

South Carolina is known for having some of the best golf courses in the country, but that’s not all it has to offer active adults. The state has a rich history and culture, a wide selection of entertainment and recreation, and miles of beaches and coastal living.

North Carolina vs. South Carolina

The Carolinas are a power couple when it comes to maintaining an active lifestyle in an amazing climate, but they’re separated by more than just a border. A side-by-side comparison of the two can quickly show which is better for you when it comes to your interests and needs.

Exterior view of a model home at Del Webb Carolina Gardens, Fuquay-Varina, North Carolina on a sunny day.

55+ Communities With New Homes for Sale Near Raleigh

If you’re in the market for a new construction home in Raleigh, North Carolina there are plenty of options to consider. We’ve put together a list to help you start your search for the perfect neighborhood with new homes.

A woman playing pickleball in her 55+ community.

Raleigh Area 55+ Communities Big on Pickleball

With the pickleball’s rising popularity, many active adult communities across the country have taken heed and added pickleball courts to their lists of amenities. And, the Raleigh-Durham area–which is home to 40 active adult communities–is no different.

About 55places

We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.

Scroll to Top