Side hustles offer a great way to supplement your income or accumulate extra money for a specific financial goal, such as going on vacation or saving for a home.
Some side hustles work especially well for people over 50. If you're older and want to try something new, check out these side hustles.
Earn money online by taking surveys
$55,000 might sound crazy … but with a company called Survey Junkie, it’s possible to get your share of it every day by taking their surveys in your extra time.
Follow these simple steps to start earning:
- Sign up for an account with Survey Junkie here.
- Take surveys.
- Repeat daily and get paid for sharing your opinion!
P.S.: You can cash out with as little as $5 through PayPal or bank transfer, or transfer to gift cards from a number of stores.
Tutor
If you retire early — or even if you stop working later in life — take the skills you honed over your career and apply them to help others as you work as a tutor.
Perhaps you had a career in communications and can help students with writing assignments or English classes. Or, maybe you are an engineer whose math skills can be used to help students struggling with that subject in school.
Consultant
Consultants can use their experience in a particular field to offer ideas and advice to others trying to succeed with their businesses.
For example, you might help aspiring restaurant entrepreneurs start and grow their businesses.
As a consultant, you can set your price, choose which hours you want to work, and take on as many or as few projects as you like.
Bookkeeper
Bookkeepers can be a great asset to clients who might not want to deal with the day-to-day financial issues of operating a business.
Review the income and expenditures of clients or help them with other financial issues as you work a flexible schedule.
Stop overpaying when you shop online
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Interpreter or translator
Interpreters and translators convert written or spoken words from one language to another. If you're working in the U.S., you usually need to be fluent in English and another language.
As an interpreter or translator, you have flexibility with your hours. Perhaps you'll work on projects when you get home from your main job. Or, maybe you prefer to be on call for organizations such as hospitals or legal offices during certain hours.
Pet sitter
Working as a pet sitter can be a fantastic option if you like caring for different animals.
Pet owners can bring their dogs, cats, and other pets to you. You can also visit different houses to check in on pets and make sure they are well cared for while their owners are gone.
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Writer
Writers create and develop pieces such as articles, blogs, or social media posts to communicate different ideas or expertise.
Your work in a specific field could make you an expert in that subject area. For example, you might write for specialty or trade publications that require technical writing by someone with experience in the field.
Tour guide
Share your love for where you live by becoming a tour guide for visitors who want to learn more about the area.
Work on weekends or set your own tour hours. It’s easy to make this type of side hustle fit around your other retirement plans.
Notary public
A notary public serves as an impartial witness for the signing of important documents.
You can be on call to officially sign off as a notary public on legal documents, such as property deeds or wills.
Graphic designer
Graphic designers are responsible for creating visual materials that communicate ideas. They might work on everything from brochures and website graphics to billboards.
Use your design skills for clients and fit the work into a busy schedule. This role should offer a lot of flexibility.
Earn cash back on everyday purchases with this rare account
Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2
With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!
This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.
Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.
IT consultant
If you have expertise with computers, consider a side hustle helping others with computer issues.
Work at night and on weekends to answer questions about using different computer programs. You can also teach classes to others who want to learn more about using a computer.
Career coach
As a career coach, you can use experience in a particular field to offer specific insights into how to get a job in that field.
Review resumes for prospective employees in your industry. Give these folks advice on how to make themselves appealing to employers. Or work with them on mock interviews to prepare them for the job-search process.
Crafter
Use your downtime from your career or extra time after retirement to pursue a craft that interests you.
Consider turning your talent as a crafter into a side hustle by creating items to sell. You could also teach classes so others can learn how to do a particular craft on their own time.
Event planner
Event planners coordinate different aspects of an event, such as a conference, wedding, or party.
It can be a great side hustle if you’re good at paying attention to details or currently work as a project manager in your profession.
Music teacher
Your love for music can be an asset if you enjoy teaching others how to play an instrument or to sing.
Music teachers can work with younger students who need help with music classes. Or work with older adults who want to learn a new skill.
Rideshare driver
Turn your car into a cash machine by becoming a rideshare driver. You can work for companies such as Lyft or Uber in this job.
If you want to drive your car but prefer not to transport passengers, consider food delivery rideshare options such as becoming a driver for Grubhub or Uber Eats.
Bottom line
Side hustles can be a great way to make extra money, especially if you’re over 50 and can apply skills you have learned over many years to new and exciting projects.
So, consider these side hustles if you want to earn extra cash as you approach retirement.
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