Are you a retiree looking for ways to earn extra income and keep yourself busy? With the rise of the gig economy, there are plenty of online side hustles for retirees that can help to achieve both goals.
In today’s fast-paced digital age, retirees have more opportunities than ever to earn extra income online. Online side hustles provide flexibility, convenience, and the ability to work from anywhere.
With the right guidance and ideas, retirees can make use of their skills and experience to create a sustainable source of income.
This article will provide tips and ideas for retirees to start their own online side hustle and boost their income in retirement. So let’s get started!
#1 Become a Freelance Writer
If you have a passion for writing and an excellent command of the English language, then becoming a freelance writer could be an excellent online side hustle for you.
Many companies and individuals are looking for talented writers to create content for their websites, blogs, and social media platforms. With the right skills and knowledge, you could earn a decent income from writing online.
According to PayScale, freelance writers in the United States earn an average of $24.67 per hour, making it a potentially lucrative side hustle for retirees.
#2 Teach Online
Teaching online is another great side hustle for retirees, especially if you have a particular skill or expertise to share. There are numerous platforms available, such as Udemy, Skillshare, and Coursera, where you can create courses and teach others online.
You can teach anything from cooking to coding, and the best part is that you can do it from anywhere in the world.
According to Glassdoor, online tutors in the United States earn an average of $14 to $30 per hour, making it a potentially lucrative and fulfilling side hustle for retirees.
#3 Sell Handmade Products Online
Retirees who enjoy crafting or making handmade products can also earn extra income by selling their creations online.
Platforms like Etsy and Handmade at Amazon provide a platform to create an online store and sell products to customers worldwide.
You can sell anything from handmade jewellery to knitted scarves, and the possibilities are endless.
According to Indeed, the average salary for a handmade seller in the United States is $40,000 per year, making it a potentially profitable side hustle for retirees with creative talents.
#4 Become An Affiliate Marketer
Becoming an affiliate marketer is another excellent online side hustle for retirees who want to earn extra income without creating their own products or services.
As an affiliate marketer, you promote other people’s products or services and earn a commission on every sale made through your affiliate link.
You can promote products through your website, social media channels, or email marketing campaigns.
According to Glassdoor, the average salary for an affiliate marketer in the United States is around $51,000 per year, making it a potentially lucrative and flexible side hustle for retirees.
#5 Provide Virtual Assistance
If you’re a retiree looking to earn some extra income, there are plenty of Online Side Hustles for Retirees you can consider. One popular option is virtual assistance, which involves helping businesses and individuals with administrative tasks like answering emails, scheduling appointments, and managing social media accounts.
It’s a great way to put your organizational and communication skills to use, all from the comfort of your own home.
If you have excellent organizational skills and experience in administrative tasks, becoming a virtual assistant could be a great opportunity for you to work from the comfort of your own home.
According to PayScale, virtual assistants in the United States earn an average of $15.63 per hour, making it a potentially rewarding and flexible side hustle for retirees.
#6 Selling Digital Products
Selling digital products is another online side hustle for retirees can pursue if they have a talent for creating digital products like eBooks, courses, or printables.
Platforms like Gumroad, Selz, and Payhip enable you to create an online store and sell your digital products directly to customers. Selling digital products provides the opportunity to earn passive income as the products can be sold repeatedly without any additional effort.
According to Glassdoor, digital product sellers in the United States earn an average of $64,000 per year, making it a potentially lucrative and scalable side hustle for retirees.
#7 Become a Social Media Manager
Becoming a social media manager is another option for an online side hustle for retirees who have a good understanding of social media platforms like Facebook, Twitter, and Instagram.
As a social media manager, you would be responsible for creating content, managing social media accounts, and analyzing data to improve engagement and reach for businesses and individuals.
According to Indeed, social media managers in the United States earn an average salary of around $50,000 per year, making it a potentially lucrative and creative side hustle for retirees with social media expertise.
#8 Rent Out Your Space on Airbnb
If you have a spare room in your house or an extra property, you can rent it out on Airbnb. This platform allows you to list your space and earn money from guests who book a stay.
You can choose when and how often you want to rent out your space, making it a flexible way to earn extra income.
The income potential varies based on location and demand, but according to Airbnb, hosts in the United States earn an average of $924 per month.
#9 Provide Translation Services
If you are fluent in multiple languages, you can offer translation services online. Many companies and individuals need documents, websites, and other materials translated into different languages, and they are willing to pay for them. You can offer your services on platforms like Fiverr, Upwork, or ProZ.
According to ZipRecruiter, the average hourly rate for freelance translators in the United States is around $28 per hour.
#10 Become a Virtual Bookkeeper
If you have experience in accounting or bookkeeping, you can become a virtual bookkeeper and help businesses manage their finances.
As a virtual bookkeeper, you would be responsible for tasks like tracking income and expenses, managing accounts payable and receivable, and preparing financial reports.
According to Glassdoor, virtual bookkeepers in the United States earn an average salary of around $46,000 per year.
#11 Participate in Online Surveys
Many companies pay for online surveys to get feedback from their customers. You can sign up for platforms like Swagbucks or Survey Junkie to participate in surveys and earn money.
Although the pay is not significant, it can be an easy and fun way to make a little extra cash.
The pay varies depending on the platform and survey, but according to Survey Junkie, users can earn up to $50 per survey.
#12 Sell Stock Photos
If you have a talent for photography, you can sell your photos online. Platforms like Shutterstock, iStock, and Adobe Stock allow you to upload your photos and earn money whenever someone purchases them. You can take photos of anything from nature to people to food.
The income potential varies based on the platform and demand for photos, but according to Shutterstock, contributors can earn up to 30% of the sale price of each photo.
In conclusion, there are many online side hustles for retirees to earn extra income and keep themselves busy.
Whether you have skills in writing, teaching, crafting, or other areas, there are opportunities for you to work from home and earn money.
By exploring the tips and ideas in this article, you can find an online side hustle that suits your interests and skills.