Financial Freedom in Retirement: How to Make Money After 66

Reaching retirement doesn’t need to mean that you’ll only live on your savings and the State Pension. If you still have the same energy, drive and motivation, there’s no reason why you can’t continue working part-time to keep some money coming in.

Plus, since you’re likely to have more time on your hands, retirement presents the perfect window of opportunity to learn a new skill, network in different circles, and discover newfound passions. Whether you’ve already retired or you’re getting organised, there are some different avenues worth exploring.

Working in retirement: Top three part-time earners to keep you ticking over

  • Online tutoring

You don’t need to be a dab hand with technology to teach pupils online. If you have a laptop or computer that you know how to use, a speedy internet connection and a quiet room, you can get to grips with online tutoring and share your expertise.

You’ll usually need to sign up with a secondary company or teaching agency to get started quickly, but it’s possible to start tutoring independently. With self-promotion and a strong network to begin with, you could even start a very successful small business, extending your services to in-person sessions for local students.

  • Furniture restoration

If you’d like to rediscover your creative side, restoring vintage furniture makes a wonderful way to pass the time during retirement. You can pick up the most essential restoration skills at any point in your lifetime, but you can truly harness your knowledge with the free time you have during your retirement.

You can pick up pre-loved furniture at second-hand shops, car boot sales and furniture warehouse. From there, basic supplies like plywood, sandpaper and varnish will help you to get started. Being able to profit from your creativity is a wonderful way to keep a small income going through your golden years.

  • Pet sitting

If you love spending time with dogs and cats, why not offer your services as a local pet-sitter?

Spending time with a dog is proven to boost serotonin and dopamine, the chemicals responsible for making us feel happy, and help lower blood pressure too. Add to these automatic benefits the possibility for longer walks outside in nature, and it’s easy to see why pet-setting could make a brilliant earner through retirement.

It’s worth bearing in mind that your physical ability could impact the types of pets you can look after. Make sure you contact with owners in advance of your plans to check that their animals are easy enough for you to care for.

Wrapping Up

Taking on a part-time job or side-hustle through retirement will not only help you keep an income but could boost your wellbeing too.

Working with colleagues or communicating with your clients will reduce your chances of becoming isolated, often providing a lifeline too. If you’d like to stay motivated and have some extra cash too, working is the best way to go about it. Just remember not to take on more than you can handle – you’ve got to save your energy as much as possible.


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