As we reach our 60s, many of us are looking for creative ways to make money in retirement. Some of us are looking to earn some extra cash for luxuries, like travel and entertainment. Others are focused simply on surviving in a low interest rate environment in which it feels like we are paying the bank to hold our money.
A few weeks ago, I asked the women in our community how they make money in retirement. Their answers were amazing and showed just how creative our generation has become when it comes to supplementing our income in the best years of our lives.
So, today, I’d like to share 60 creative ways that we have found to make money in retirement. I hope that you find them useful.
It’s interesting to note how governments are universally at pains to promote the employment of the over 50’s. They aim to keep them working as long as possible.
Is this to prevent governments having to pay pensions? Or are they beginning to understand that people over 50, are no longer old? Personally, I think it’s the former.
As the careers that supported us for decades come to an end, many of us are starting to think about jobs for retirees. It’s not just the money that we care about, although this is certainly important! It’s also the sense of purpose that comes from contributing to society in a tangible way.
Why would you even consider working in retirement? After all, most people think about retirement as being a time to take a well-deserved break. After decades of hard work, we look forward to pursuing our passions, spending time with our family and, if we can afford it, traveling.
The concept of “retirement” has become deeply ingrained in many aspects of society. Thanks to decades of marketing from financial services companies, not to mention governments around the world, most of us have come to see retirement as an expectation, if not a right.
If you are wondering how to make money in retirement, our contributor, Lynda Goldman, has some excellent suggestions. Why not share your passion for health with the world, while funding your dreams?
For most of my life I’ve been unemployable.
That doesn’t mean I haven’t had jobs. I was a college language teacher for many years. That led to an opportunity to write textbooks – and I found that I loved the creativity of writing.
I then went freelance and got contracts to write training programs for corporations.
Lots of women over 60 are looking for ways to make money, save more money for retirement, or perhaps start a new career. Unfortunately, age discrimination is all too real. Lots of people “of a certain age” get passed over for opportunities at work, forced into early retirement, or denied interviews for jobs that they’re clearly qualified for.
If you feel like you’re being held back in your career by the unfairness of the youth-obsessed corporate world, or if you don’t feel valued at your company, or if you’re looking for a new way to add value and earn income and feel connected, perhaps you should try freelance writing.
When you think about being a freelance writer, what images come to mind? Do you imagine yourself, sitting on a beach, the sun setting behind your laptop as you put the final touches on an article for a client 4000 miles away?
In many ways, freelance writing sounds like the ultimate part-time job for people approaching, or already enjoying, retirement. It’s flexible, in demand and easy to get started with. Unfortunately, these very factors also make freelance writing highly competitive.
Women over 60 are no strangers to hard work. Most of us have worked all our lives, whether it’s at a full-time job or caring for children or for aging parents. But as we approach retirement age, many older women are starting to think about the best part-time jobs for retirees – not only to make some extra money, but to find a sense of fulfillment and fun. If you aren’t sure what types of part time jobs would be most interesting to you, think back to what you loved to do as a child, or try to remember one of your favorite jobs from when you were younger. Here are a few ideas to spark your imagination…