If you’re approaching retirement but don’t want to stop working, a part-time job is a great way to spend some of your newfound freedom, and bring home extra income.
But it doesn’t have to be unsatisfying; many great money-making opportunities exist for seniors. Here are five of the best:
1. Tutoring/Offering Lessons
Whether it be giving instrument lessons or helping history students, teaching has several benefits. First, it allows you to practice your passion; you can teach any number of things. It’s also very flexible and might also be a good introduction to starting a business.
If you love your career, there is always the option to continue, but work less. Many fields of work offer consulting opportunities, from finance to media. Be sure to scour old business contacts and begin building up your network to find projects that fit your skillset.
This is a great way to give back to the world in a positive manner. If you have enthusiasm for helping others, search for any nonprofit job openings in your area. If money is not a motivating factor, you could also consider volunteering. If you thrive on interacting with others and are passionate about the cause, either of these could be the perfect option.
If you enjoy driving and don’t mind using your own vehicle, consider being an Uber driver. You only work when you want to, and depending on time and location, there is money to be made. Uber is also working with AARP to recruit older workers. One thing to be aware of is that the entire company functions via an app, which for some might mean reconnecting with technology.
5. Local schools
If you love working with kids, check out any openings at local schools near you. Aside from teachers, schools also need to employ administrative workers, cafeteria workers, crossing guards and librarians. Many also run after-school programs for kids whose parents aren’t be home when the day ends.
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Investment advisory services offered through Barber Financial Group, Inc., an SEC Registered Investment Adviser.
The views expressed represent the opinion of Barber Financial Group an SEC Registered Investment Advisor. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Barber Financial Group does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.