We all love doing something to help people, especially those who need our help the most like senior citizens. But sadly, being helpful for the love of it does not bring food to the table. The rewarding, yet challenging job of working with the elderly has attracted many people to the field. Unfortunately, it is important for everyone who wants to work in this field to get verification of death training before they apply. This is because verification of death training teaches you how to assess if an individual has died and what steps need to be taken next after they have passed away.
Enter seniors! Baby boomers and older generations of seniors can use all the help they can get.
Sometimes their family is too far away to help them, sometimes they might not have the time. Either way, the fact is that seniors need help in order to live normal lives. Why is starting a Business aimed at baby boomers and seniors a great idea:
- They have more money at their disposal,
- They are self-conscious about their health,
- They prefer staying independent to living in nursing homes,
- They want to keep gaining new experiences,
- They need help.
Depending on each individual case, seniors might need help mastering new technologies, managing their finances or even managing day-to-day activities.
- How to Make Money With a Senior Errand Service
- What Can Seniors do to Make Money?
- Can I Get Paid to Hang Out With the Elderly?
- How Can I Make Money From Home After Retirement?
- 10 Ways to Make Money Helping Your Elders
- Offer Paid Classes at Senior Centers
- Make Money as a Home Healthcare Aide
- How to Make Money With a Concierge Service For The Elderly
- How Can Seniors Earn Money?
- How to Make Money at 60 Years Old
- How to Make Money at Age 70
- How to Make Money at 80 Years Old
- 10 Jobs For Seniors And Retirees
- How to Make Money Helping Seniors
- How do Senior Citizens Earn Money?
- Seniors Making Money Online
- Make Money Running Errands For Elderly
- How to Make Money at 60 Years Old in India
- Retirement Hobbies That Make Money
- Extra Money For Senior Citizens
- Making Money in Retirement Australia
- What Jobs Will Help The Elderly?
- Which Business is Best After Retirement?
- What Does a Social Worker do For the Elderly?
How to Make Money With a Senior Errand Service
Here are some ideas for a successful senior-aimed business startup:
Care giving Service
Around 70% of seniors over 65 require in-home care in order to ensure a better quality of life. Therefore, it’s no surprise that approximately 1.3 million home care jobs are going to be added by 2020, according to the Bureau of Labor Statistics
.
If you enjoy helping seniors by taking care of their needs, starting your own care-giving service can be a very lucrative business idea. With the growing demand and the fact that seniors hate the idea of ending up in a nursing home, in-home care service is a safe bet. Just remember, if you decide to be a caregiver, you’ll need to get CPR certification, so that your employer knows you’ll be able to provide help in emergency situations.
Read Also: Earn As A Web Researcher
There are several ways you can get into the business. You can hire caregivers and direct their services to your clients. Or you could start a caregiver referral service like A Better Way in Home Care, where your aim is to create a perfect senior and caregiver match. Learn more about their services here and maybe you’ll get an idea for your own business
Senior Errand Service
Helping seniors with everyday errands is a great business idea for anyone who wants to make money helping people. A lot of senior citizens are bound to their home and cannot perform ordinary tasks like grocery shopping or paying their bills on their own.
It’s also important to keep in mind that Medicare doesn’t cover everything, and healthcare expenses that Medicare doesn’t cover-such as long-term care-can add up quickly. Understanding How to pay for Home Care if Insurance Doesnt Cover It is crucial when planning for these potential gaps in coverage. You also might spend more on other things in retirement, like travel, dining out, gifts, or financial support to a relative or friend.
Mind you, this is not a great plan if you want to get rich fast. Senior errand services charge per hour. The price depends on the location, but the average national price is around $25 per hour. So if you work 40 hours a week, you can earn up to $50,000 annually.
Investment Consultant
Senior citizens living on a fixed income often need help taking care of their finances. If you are good with finances, you can help seniors plan out their IRA and manage 401K and social security payments. However, if you want to start a business like this one you need to have a solid grasp of investment and finance.
Computer Literacy Training
As they retire, seniors have more time to spend on their computers and discover the wonders of the Internet. However, the Internet can be a dangerous place with all sorts of ransomware and viruses lurking in its dangerous corner.
If you are good with computers you can start your own business helping seniors master new technologies. You can teach them how to safely browse the web, send emails, use communication tools like Skype and use basic software like Microsoft Office.
You can even host a free seminar to get their attention and reach new clients. However, be aware that seniors might be completely unfamiliar with this concept and it might take a lot of time and patience before they master it.
What Can Seniors do to Make Money?
How can seniors make extra money from home? Depending on your skills and ease with technology, you have tons of options.
Here are some more specific opportunities you can take advantage of right now.
1. Take Online Surveys
Now, you’re not going to rake in a ton of bucks doing this, but you can make a little bit of extra cash. Plus, it’s a fun way to pass some time.
Start by using a site like Swagbucks. It’s pretty easy to navigate, and honestly, it’s a bit addicting.
You’ll get selected for surveys and earn SBs (Swagbucks) for each one you complete.
The exchange rate isn’t bad. For example, earn 500 SBs, and you can score a $5 Amazon gift card.
Sign up, and you’ll snag a $5 bonus when you earn 2,500 SB within your first 60 days.
2. Watch Videos Through This App
InboxDollars is another well-known site, and allows you to earn money for completing tasks, which you can exchange for gift cards.
You can watch videos, take surveys or use coupons through the app.
3. Drive for Lyft
If you want to make more substantial money on your own time, consider signing up to drive people around with Lyft.
There are several Lyft drivers who have retired and now drive as a way to earn extra money and get out of the house. It’s also a great way to meet new characters.
Pro tip: Try running the apps on your iPad or tablet. It makes navigation much easier.
4. Rent Out Your Extra Room
If you haven’t made the decision to downsize in retirement, chances are you have a spare room.
Consider listing it on Airbnb. You’ll be able to make a decent amount of money (the most of any sharing economy platform, according to this survey).
And if you want to see whether the venture is even worth it, go ahead and use Airbnb’s calculator to find out how much you could be making.
(Hosting laws vary from city to city. Please understand the rules and regulations applicable to your city and listing.)
5. Offer to Babysit
I bet you’ve got some experience with kids. Offer to babysit for your friends, family or neighbors.
You could also sign up with SitterCity, which makes the whole process a lot easier. You’ll create a profile, then you’ll be able to easily find babysitting gigs near you.
Families will review your profile and run a background check before connecting with you.
6. House Sit
If kids aren’t your thing, you could always just watch houses. You can make a good chunk of change doing this — plus it could fund your travels if you plan right.
7. Sell Your Art on Etsy
OK, honestly, one of the big appeals to retiring — in my opinion — would be that you actually have time to spend on whatever you’re really passionate about.
And you can make money from that.
For example, I’d love to be able to cross-stitch full-time and sell my pieces on Etsy. Or you could capitalize on your woodworking abilities or knitting or whatever you love to do.
8. Write Greeting Cards
Got a way with words and feelings? Get sappy (or sassy) and write greeting cards.
9. Get Paid to Lose Weight
Self care is all the rage right now, and now that you finally have time to focus on yourself — and can get away from a desk — you can get fit and maybe even shed some pounds.
If you need extra motivation, check out HealthyWage. Basically, you’ll place a bet on how much weight you can lose in a certain amount of time, and you’ll get paid if you meet your goal.
Take, for example, Teresa Suarez, who lost 68 pounds and pocketed $2,415.28. Nothing’s more motivating than money, right?
10. Clean Out Your Closet
Over the years, you tend to collect items you might not need. I took a hard look at my closet the other day and wondered how in the world it had exploded with such random things.
It’s time to take some notes from “The Minimalists.”
Comb through your items and, if you haven’t used them in a while, sell them and make some money.
You don’t need to go through the hassle of having a garage sale, either. Try selling your items online. Market clothes and other random knickknacks to folks in your area through an app like Letgo.
You might be surprised by how much money you can make just from cleaning!
Can I Get Paid to Hang Out With the Elderly?
“Grandkids On-Demand” services have existed since before the COVID-19 outbreak. Businesses like Papa and Mon Ami, which pair seniors with companions and helpers, were founded in 2016 and 2018, respectively.
Both companies aim to connect seniors with limited social and familial support to workers who can help out. Each company’s website stresses on its workers are not professional caregivers, and are not expected to perform medical services related to hygiene or drug administration.
Instead, employees of these services might help seniors around the house, or drive them on errands and doctor visits. Perhaps most importantly, workers provide company for their elderly companions, giving them someone to confide in or just hang out with.
According to The New York Times, Papa employees or “Papa Pals” can earn between $11 and $14 an hour for their companionship services. Meanwhile, a page on the Mon Ami website says their companions can make $20 per hour in the San Francisco Bay Area.
Recent studies have demonstrated the importance of companionship to the health of seniors. A report this year from the National Academies of Sciences, Engineering and Medicine examined the link between social isolation and physical health. The study found a 50% increased risk of dementia, a 29% increased risk of heart disease, and a 32% increased risk of stroke associated with isolation.
Moreover, a 2018 AARP (an organization for people over age 50) survey revealed that one in three adults 45 and up in the US feel lonely.
“Loneliness, especially as it relates to social isolation factors, has very real consequences for people’s health,” AARP President Lisa March Ryerson said on the foundation’s website. “Studies show that isolation and loneliness are as bad for health as obesity or smoking. This survey’s results send a clear signal that we need to direct more attention and resources to this complex and growing public health issue.”
How Can I Make Money From Home After Retirement?
Rent Your Space
Earn cash hosting people from around the world when you rent out your extra space on Airbnb. It’s a great example of the share economy in action and currently has hosts in 192 countries. You can rent a room or your entire home by the night, week, or month. Cash in on that next event your city hosts!
Consider Rent a Grandma
Here’s a way to share two of your best attributes: your love and your wisdom. You can upload a profile on the Rent a Grandma website and start accepting jobs from families for childcare, eldercare, tutoring, being a personal assistant, and more.
You negotiate job responsibilities and payment directly with the families. You can even start a franchise in your area – anywhere in the world. We checked. The world is waiting for you!
Try International Housesitting
Imagine spending a few weeks in a luxury condo in Singapore, a secluded beach house on the island of Roatan, or a restored castle in the French countryside. A growing number of people are getting paid to travel through housesitting websites.
Sell Your Photos
You may already have a big headstart on this moneymaker. If you have digital photos sitting around on your computer, why not see if you can sell some of them? There are plenty of stock photo sites where you can submit photos. Get snapping!
Get Paid for Copywriting
You don’t need to be a novelist to write copy. Turn your words into cash at a variety of copywriting websites like London Brokers, Copify, or Indeed.
London Brokers is great for a learn-by-doing opportunity. They have easy-to-follow tutorials, live support, lots of topics to choose from, and they pay twice a week to your PayPal account. The faster and more efficient you get, the more you get paid!
You can also use Upwork to look for editing, copywriting, and other creative jobs.
Sell Handmade Products Online
Join the microbusiness movement with your own store on Etsy. We love Etsy because it empowers creative people who want to be solo entrepreneurs and gives them a platform to work from.
Get inspired to create a side hustle or even be able to quit your day job. Don’t let the competition scare you away, there’s room for every idea!
Sell Custom Products Online
If your friends marvel at your witty one-liners, you can turn your sass into cash at Café Press or Zazzle. Open a store, upload images, art, graphics, or text, choose which products to feature, and get paid. If you put some thought into this and develop a niche, you’ll set yourself apart.
The business owner uses the service as an undercover quality check of various aspects of customer service. Legitimate mystery shopping companies are worldwide. Most, but not all, belong to the Mystery Shopper Providers Association.
Sell Items on eBay
eBay isn’t just for cleaning out the garage, basement, or attic… although you can certainly use it for that. Experts agree that you should try the service out as a buyer before you start trying to sell, so you understand a little about how it works.
Once you get started, you may find that it’s just the place to market your products or services. You can even open your own eBay shop.
Try Pet Sitting
If you’d like to transform your love of pets into a viable business, Pet Sitters International offers a free ebook titled, 5 Must-Do Steps to Starting A Successful Pet-Sitting Business, which provides a good starting point to research your options. Not only would you be good for the pets, but they’d be good for you too!
10 Ways to Make Money Helping Your Elders
Between 2000 and 2030, the number of Americans over the age of 65 is expected to double to more than 72 million. With more and more aging Americans, there are plenty of ways to lend a helping hand while also making some money.
Here are some jobs to consider:
1. Clinic-Based Healthcare Worker
Even if you can’t stand the sight of blood, you’ll find plenty of blood-free healthcare jobs where you’ll serve an aging population, including working as a diagnostic medical sonographer or radiation therapist.
If you’re thinking about becoming a doctor, consider the fields of geriatrics or gerontology.
Optometry is another branch of healthcare in need of qualified professionals who can help seniors manage their vision needs, fit glasses and deal with age-related eye diseases and other problems that may arise.
2. Home Healthcare Aide
When seniors are at home but need a little extra help, home health aides can help provide the care needed to keep them safe and comfortable. Home health aides and personal care aides are two of the nation’s fastest growing careers, with a nearly 70% increase in jobs projected by 2020.
In one of these fields, you would provide a wide variety of services, including treating wounds, preventing bedsores, monitoring vital signs and providing necessary injections and other health care services. Average full-time salaries in these fields are in the $20,000 range.
3. Wealth Manager
Along with retirement comes a whole array of financial issues to consider, including when to retire, providing for your financial needs in retirement, and navigating pensions, 401(k)s and social security, just to name a few. Many seniors are also looking to plan for the future, including setting up trust and wills.
Becoming a financial advisor or wealth manager can be a lucrative way to help people out. GlassDoor reports the average wealth manager earns over $88,000 a year.
4. Retirement Community Recreation Director
Many retirement communities and nursing homes hire recreation directors to put together activities for residents to help people interact, socialize and engage their minds. Typical recreation activities include everything from outings (such as watching a play or a concert) to bingo nights to movie screenings to coffee socials.
If you like socializing and interacting with seniors and have good organization skills, why not approach retirement communities and see if they have a need for someone to coordinate these types of events?
5. Lawn Care Worker or Gardener
Once you reach a certain age, it’s difficult to fire up the mower or grab the hedge trimmer and keep your lawn and plants looking great. Raking fall leaves can also become a hazard, and many seniors are looking for help to keep everything looking nice.
Consider going into the lawn-care business, which is a great side job. As a landscaper or lawn care worker, you can typically charge $25-50 an hour depending on the services you provide, with more difficult and labor-intensive services at the upper end of the scale (or even higher for more technical or equipment-heavy jobs).
6. Gutter Cleaner
Climbing up on a ladder to scoop leaves and debris out of gutters is a chore that many people dread. But, if you’re up there in years, it can be even more difficult to do this chore safely. This is why many seniors hire people to clean their gutters so water can drain properly and they can avoid costly leaks and water damage.
The size of the house and number of gutters to be cleaned is a key factor in pricing for this task, but cleaning out the gutters on most average houses should earn you somewhere in the $100-200 range. This is a great way to make a little cash on the weekends and help people out.
7. Snow Shoveler
This past winter was a snowy one for many; Boston alone received more than 108 inches of the white stuff. During winter storms, crews are hard at work keeping streets plowed, but it’s up to individual homeowners to keep their properties, including walkways, steps and porches, clear and passable. In some areas, residents are required to keep the sidewalk in front of their homes clear as well.
Many seniors are eager to hire people to help with shoveling and applying ice melt to help keep things safe. You can typically earn $25-75 per hour shoveling snow.
8. Housekeeper or House Cleaner
Bending over to scrub the bathtub and dust the baseboards becomes harder with age. This is why many seniors look for people to help them out around the house with everything from the light-duty tasks, such as dusting, to the down-and-dirty heavy work, such as deep cleaning.
Even climbing a step stool to change a high lightbulb is something that can be challenging for seniors, as many medications and conditions can make people dizzy and cause problems with balance and dexterity.
You can earn $15-25 per hour or more as a housekeeper, but many people work out a fixed price for a weekly cleaning, depending on the size of the home and the tasks involved.
9. Cook
Everyone loves a home-cooked meal, but standing in the kitchen and chopping and concocting meals can be a challenge for people who have a hard time standing for long or who may have arthritic fingers that can’t grasp a knife quite like they used to. But people still love to eat, and home-cooked meals are great for providing nutrition and boosting morale.
Services like Meals on Wheels bring meals and companionship to seniors, but some may need more assistance and want to hire someone to come to their home and cook meals several times a week (or more) for them. Work with the seniors to set up a meal plan that fits their preferences, nutritional needs, and any special dietary guidelines.
10. Errand Runner
Leaving the house can be challenging for many seniors, especially in the winter, when ice and snow make sidewalks treacherous. However, people still need to get groceries and pick up birthday gifts for their grandchildren (and wait in line at the post office to mail them).
By running errands for seniors, you can help them get what they need and make a little cash on the side. Consider running errands for a few different individuals and consolidating your trips or offering your services in a retirement community.
Offer Paid Classes at Senior Centers
The National Institute of Senior Centers is working to advance the quality of senior centers nationwide. It offers the nation’s only National Senior Center Accreditation Program. Accreditation provides official recognition that a senior center meets nine standards of senior center operations.
More than 200 senior centers have been accredited, and many more are in the process.
most senior centers offer far more than that—everything from trips and special events to fine arts and crafts, music and dance, lifelong learning, and fitness and health programs. Just check out these examples:
- The Iowa City/Johnson County Senior Center has its own television studio. Senior Center TV covers what’s happening at the center and produces original programs on nature, politics, and community life. Center performances, concerts, and lectures are recorded and broadcast for people who can’t attend in person.
- The Bowie, MD, Senior Center invited the community to hear 20 published authors read from their works during a Book Lovers Expo in August. Participants also could purchase books and have them signed by the author.
- Verona Senior Center in Verona, WI hosts competitive Wii bowling teams, offers caregiver support groups and respite programs, and maintains a computer lab with Internet connections for public use.
Senior centers are a great place to find work and volunteering opportunities.
Older adults who are looking for a part-time job to supplement their retirement income would do well to check out their local senior center. Many offer job training and placement programs.
In Columbus, IN, the Mill Race Center links older workers with a nearby private staffing business to help them land part-time, temporary, or full-time employment.
Senior centers are also a great place to find volunteering opportunities. At the Dallas L. Winchester Senior Center in Wabash, IN, older adults run the Community Cupboard Food Pantry, distributing 223,258 pounds of food to needy families every year.
The City of Madison/Madison Senior Services in Wisconsin has a successful volunteer program called CATCH Healthy Habits that pairs older adults with children to encourage healthier eating and physical activity.
Make Money as a Home Healthcare Aide
Here are all 13 ways to make money in a neat infographic – enjoy!
How to Make Money With a Concierge Service For The Elderly
Starting your own senior concierge business can be easy and quick, or it can be a slow and drawn-out process. Why suffer? Follow these ten steps to make your concierge business startup easy, painless and speedy.
Step 1. Choose services to offer.
Making a list of the services you plan to offer is an essential first step, so you need to think about what may be needed and what is in demand in your area. Some folks specialize in running errands, others enjoy household management, and others love to do grocery shopping, care for pets, provide escort services or help seniors with computer challenges.
There are over twenty in-demand, popular services that a senior concierge can provide. Ask other senior care providers what services are most needed in your town. When you’re done, make up a list that can be a part of your flyer or brochure, or an advertisement on Craigslist or on a website.
It’s a good idea to add this at the end of the list: “If you don’t see a service you need – just call and ask if we offer it.” This allows you to make sure you are meeting the needs of all your prospective clients, as you’re bound to miss a few in-demand services when you make up that list.
Step 2. Name your business.
Now you’re ready to name your senior concierge business. Think of something catchy and memorable. Examples include: “At Your Service,” “One Call Does It All,” and “On The Run For You.” Pick a name that is easy to spell and remember, and consider adding the name of your town, or even your own name, in the business name.
Ask for feedback from friends and family. Do they like it? Check with your state officials to make sure no one else is using your name, and that it hasn’t been registered or trademarked already.
Step 3. Don’t spend money!
Resist the urge to spend money when you’re starting your business. Ask yourself “Do I really need this?” before you buy anything. If you have a reliable vehicle and a cellphone, you’ve already got the essentials you need. Keep your office at home to avoid spending money on rent, utilities and other costs for a separate office. Think and act like a miser until your business income is steady and solid.
Step 4. Legal structure.
When you start a senior concierge business, it’s important to pick the right legal structure for the new business. Most concierge businesses operate as sole proprietor or as an L.L. C. You’ll find lots of free advice about picking the right option for you at Nolo.com. Whatever you decide, get this pinned down first, before you apply for a business license, or get a federal tax number.
Step 5. Insurance.
The right coverage is essential for protection in case of a lawsuit or claim. Talk to a local independent insurance agent to find out what is required in your state for a concierge business.
Step 6. Set your rates.
Many new senior concierges make the mistake of not charging enough to cover all their costs, as they haven’t been in business long enough to be aware of all the little costs, like licenses, bookkeeping fees, social security taxes, vehicle maintenance or insurance, all of which can add up over time.
A good rule of thumb is to add about 30-35% to the wages you’ll be paying yourself, to arrive at a reasonable rate that allows you a profit and still makes your clients happy. National rates vary from around $20 an hour in small towns and rural areas to as much as $50 an hour in big cities.
Step 7. Finding customers.
After you’ve set up your business and listed the services you plan to offer, start looking for customers. You’ll only need a few good ones. Local senior service providers are often a good source of referrals. Those include senior care providers in assisted living communities and nursing homes, elder law attorneys, and those who work and volunteer at the local senior center.
You can run a free ad on Craigslist to find new clients, as well as advertise in local Over-55 community newsletters. You should also put up a flyer or leave a few brochures at the senior center.
As soon as possible, set up a simple website, because many computer-savvy seniors, as well as the adult children of seniors, now regularly use the internet to find service providers.
Step 7. Referrals.
Once you have your first few clients and have treated them well for a while, ask them for referrals. Tell them you’re still growing your business, and could use a few more good clients like them. Offer a reward, like two free grocery shopping trips, in return for a referral that becomes a regular client.
Step 8. Provide exceptional service.
If you take care of your senior clients, they will tell others and you’ll never have to advertise again. Always try to practice the Golden Rule and treat your clients they way you would want to be cared for if you were in their shoes.
Step 9. Stay organized and save money.
There are several online programs that help you keep up with your business bookkeeping and your job schedule. My favorite, which makes keeping track of your small business finances easy, even if you can’t add or subtract, is Outright.com, now part of GoDaddy.
The cost is way below what you would pay a bookkeeper, around $12 a month, and it has a built-in scheduling feature that can track your work hours and prepare an invoice for a client. . It even reminds you when taxes are due, or when you miss a deduction, like the 55 cents per mile for business mileage.
Step 10. As Michael Jordan says, “Just Do It!”
Follow these simple steps, and you’ll be on your way to owning your own senior concierge business.
How Can Seniors Earn Money?
Rent Your Gadgets
Instead of letting that food processor, electric drill, or extra iPhone sit around collecting dust, put them to work. You can send your gadgets and gizmos out into the world to make money for you through websites like Zilok (US and Europe).
You can even make money by connecting people who need something with people who have it.
Become a Local Guide
Take your unique perceptions, combine them with your knowledge of your community, and earn money as a local guide on Vayable.
Make your tour thematic like distinctive coffee shops in the area, showcase the neighborhood with a “best of” tour, or dig deep to find the hidden gems no one would know to look for but you. Whatever you do, have fun with it!
Rent Your Parking Space
Maybe you have a two-car garage with only one car, a side driveway, or an empty parking pad. Turn dead space into ongoing income through sites like Parking Panda (select US cities).
You list your parking space for free with the site and they take care of the rest. When your space rents, they keep a small percentage of your rental fee and send you the rest. Search for this innovative idea in your country.
Look for National Parks Gigs
You can help people gain an appreciation for the environment with this outdoors opportunity. National parks provide visitors with guides and other helpers during their stays.
You can check out nearby opportunities on sites like Older and Bolder (US) or similar prospects in your country. Teach the next generation to honor the earth, while you commune with nature.
Try Contract Consulting
If you’ve spent your career in the corporate sector, here is a chance to share your expertise and leadership with social-purpose organizations that are changing the world.
Encore Fellowships matches your skill set with the organization that can most use your guidance. They actually refer to their fellows as “second acts for the greater good.” It doesn’t get any clearer than that!
Contracts are usually six months to a year. Humanity is waiting for you.
Rent Your Car
Did you know you can make money from renting out your assets? Websites like Getaround and RelayRides make it easy.
Why pay to park your car at the airport the next time you jet off somewhere? Instead, Getaround will rent out your car, clean it, and take care of it. They have a one million dollar insurance policy too. RelayRides lets you do peer-to-peer car sharing by the hour or by the day.
Get Paid for Online Surveys
Cash Crate is a great paid surveys site. Trying new free products and services, taking consumer research surveys, and referring others can pay you. You can also earn money back on your own online purchases and win prizes for socializing and playing games. (What?!)
But, that’s not why we love it. We love it because of the community and transparency. Cash Crate has an active forum where their two million members exchange tips and ideas.
Write Songs Online
Classical musicians take note. (Pun intended.) If you’re a classically trained musician who’s relegated your talents to entertaining a small circle of friends, it’s time you breathe new life into your work. Create something magical and license it online.
Try Task and Errand Services
TaskRabbit is a website that brings together people who need to outsource everyday errands or skilled tasks with people who have the time and talents to get them done. Once you become a TaskRabbit, you bid on tasks that are a good fit for you.
TaskRabbit is available in most major U.S. cities as well as Canada and several European countries. If you can’t find such a service in your country or area, TaskRabbit can be a wealth of information for you to start your own tasking service.
Become a Yoga Instructor
Think you’re too old to become a yoga instructor? Think again! Some of the best yoga instructors are in their 60s. As with anything else in life, the journey of a thousand miles begins with a single step. So, why not start your own yoga journey today with a yoga certification florida. Who knows where it may lead you?
Consider Vacation Dog Boarding
Dog Vacay is a cool site that brings doggie parents together with dog lovers who’ll watch their furry babies while they’re on vacation. If you’re a dog lover, this is the perfect way to earn money and enjoy the companionship dogs offer too.
The company is U.S. based, but the first time you click on Become a Host, it will open a box inviting you to expand into your country. (We tried it.) Be the first Dog Vacay host in your community!
How to Make Money at 60 Years Old
Try On-Demand Ride-Sharing
New websites that promote collaborative consumption are popping up all across the web. Lyft is one website that connects car owners with people who need rides.
By using your smartphone and your car, you can earn money by giving rides to people in your area. When a request for a ride comes in, you can choose to accept it or not.
Look for Expat Jobs
Here’s an adventurous notion; work overseas as an expat. If you really want to shake up your life, do a Google search for “jobs for expats” and prepare to be amazed.
There are job opportunities across the globe. Tutor French or lead an English playgroup in Hong Kong, or be a student support manager in the Netherlands. Pick a country and check out their opportunities.
Try Your Hand at Entrepreneurship
Do you have a really great idea that you haven’t acted on because you don’t know how to fund it? You come up with a project idea and decide how much it will cost you to make it come to life. Post it on Kickstarter and let people who love your idea contribute to it.
Once your project is funded, people can continue to contribute until your fundraising period ends. (Some projects get funded over 2000% above the goal.) Make your dream idea a reality on Kickstarter.
Be a Movie Extra
Let your star quality shine by signing on as a movie extra. Extra work pays little for an eight to twelve-hour day with a lot of downtime, but you’ll be on the big screen! Movies shoot at locations across the globe.
You can find opportunities near you by watching entertainment news, checking websites like Craigslist for casting calls, or registering for free with a casting agency. Who knows? It could be your calling (pun intended).
Get into Freelance Teaching
Don’t just babysit; make a difference. Choose one or more skills that would be valuable to children, like learning philanthropy, environmental stewardship, money management, yoga, art, computers, or lifetime fitness. The list is endless, really.
Offer after school paid classes. Kids learn valuable life skills, parents know their kids are someplace safe and enriching, and you earn money.
Grow Mushrooms
Growing mushrooms, especially gourmet mushrooms, can be a profitable side-hustle or a full-time income. There are blogs, websites, and forums where you can learn from and interact with other mushroom growers.
Mushrooms don’t have many requirements and make a perfect urban farming project. Put your green thumb to work and grow mushrooms for profit.
Check Out the Senior Job Bank
Just because we’re over 60 doesn’t mean we aren’t dynamic and enthusiastic contributors to the world. Connect with employers who understand that and are actively looking for seasoned employees through Senior Job Bank. It’s nice to feel appreciated for the talent and wisdom you’ve accumulated over a lifetime.
Teach at a Senior Center
Do you have a special talent in the arts – music, visual art, performance art, or writing? Offer paid classes at senior centers. Fees are typically nominal – under $50 per person. Participants meet a couple of times a week for several weeks.
We aren’t talking cutting out snowflakes or making clay ashtrays. We’re talking real artistic engagement. Think about what’s possible and decide how you can share your talents with others.
Join a Corporate Board
If you are at the end of a successful corporate career, getting a position on a corporate board may be the next step for you.
Boards are heavily populated with retirees – most were CEOs or upper management during their careers. Twenty percent by 2020 is an organization dedicated to helping successful women gain board positions.
Organize Relocation Tours
With economic uncertainty in the U.S., Canada, and Europe, retirees are packing up and searching for more affordable locations. If you happen to live in one of the top destinations for expats, you could provide a valuable service introducing them to your country.
How to Make Money at Age 70
Many money matters change on or around your 70th birthday. Some things stop, some things start, and some options become more attractive as you age.
When you reach age 72, the IRS requires that you start taking withdrawals from your qualified retirement accounts such as IRAs or 401(k) plans. Although many people wait until they are required to take these distributions, this does not always make sense.
If you had lower income years before reaching age 72, it could make sense to withdraw money from retirement accounts and pay little to no tax. You have to run a tax projection each year to determine what might be best. Regardless, at 72, you will have to start taking withdrawals or required minimum distributions (RMDs) from your IRA, SEP IRA, Simple IRA, and 401(k).
It’s important to note that if you don’t take your RMD at 72, the IRS will levy a tax on the portion that you don’t withdraw. According to the IRS, “you may have to pay a 50% excise tax on the amount not distributed as required.” However, Roth IRAs do not have to take an RMD.
Reverse mortgages become worthy of consideration at age 70 and beyond also. A reverse mortgage can allow you to use the equity in your home for income while remaining in your home for as long as you want.
A reverse mortgage can be an option that provides you with guaranteed income and no risk. And, contrary to popular belief, the bank cannot take your house with a reverse mortgage.
Investments Should Be Less Risky
If you are going to retire at 70, and need retirement income from your savings and investments, you will need to learn what investments can generate the amount of income you need. It is not the time to take risks. You need this money to last the rest of your life.
One option is to use safe investments, which may pay a low amount of income, but your principal will be guaranteed. For example, a bond ladder is a popular income-generating strategy whereby you purchase bonds (individual bonds, not bond funds) in your account so that the maturity dates of the bonds are staggered, or laddered, across a specified period. You would withdraw the funds when the bond matures providing you with income.
Another option is to build a portfolio of investments following a prescribed set of withdrawal rate rules. One popular strategy is the 4% Rule, which allows you to withdraw 4% of your beginning retirement balance each year for income. The idea behind the rule is that by taking out only 4% each year and investing the rest of your savings, you’re unlikely to run out of money in retirement.
You may want to seek out the services of a qualified retirement planner to help you figure out what is best for you.
How to Make Money at 80 Years Old
Teach English as a Second Language
Teach English as a Second Language online at Kukuspeak. You meet with Chinese students one-on-one from your home computer via the Kukuspeak website. You don’t need a degree or certification, just a strong command of the English language.
Opportunities exist to teach at every level. What better way to meet people from another culture without leaving home?
Be a Mentor for Teens
Lead a summer trip for teens with Bold Earth. Although it’s headquartered in the U.S., Bold Earth guides lead teens in projects from the Swiss Alps to the Amazon Basin. Trips are community service-based to provide fun, adventure, and opportunities for giving and developing leadership.
Raise Alpacas
Do you long for the rural life? Raising alpacas has become surprisingly common. They are easy to raise, fun to be around, and turn a good profit. See how one woman started with eight alpacas and made more money in five months than she had the previous two years in the theater.
A Google search will turn up many websites dedicated to your success as a novice in the business. You can also partner with alpaca farmers if you have the skills to turn all that luscious fur into something beautiful and wearable.
Try Online Translating
Bilingual women, here’s an opportunity to put to use or develop your translating skills. You can do online translating for Gengo. You work when you want, and you choose the jobs that are suited to you.
Payments are made directly to your PayPal account. Bring the world closer together one translation at a time!
Be a Virtual Administrative Assistant
Trade in the cubicle for the bunny slippers. If you’ve been an administrative assistant in a brick and mortar company, you’re already skilled at this. Now, you can transfer those skills to your comfy home office and work the jobs you want, when you want. Check out WAHM.com for the best places to get jobs.
Try Graphic Design
If you have a graphic design background, Creative Overflow has 10 ideas for making extra money. As a bonus, they give you three websites you can go to for each of the 10 ideas; that’s 30 opportunities to turn your creativity into cash. Start one of these great side-hustles, and let your creativity overflow!
Make Money in Retirement Cooking, Baking or Catering
Do you make that special something that friends and family beg you to bring to gatherings? Now that you don’t have to cook, maybe you want to!
There are so many ways to go with this from the practical to the fanciful. For all things practical, get some food for thought from Wikihow. Let’s get cooking!
Become a DJ
Think over 60 is too late to be a DJ? Ruth Flowers, AKA Mamy Rock, begs to differ. Even if you prefer wedding receptions to sold-out rock concerts, you have to admit that this is an awesome way to share your love of music.
Get started at How To Be A DJ. (Note: Why not rent your equipment from sites like SnapGoods?) Now, get your groove on!
Try Garden Consulting
Your garden receives the accolades of the neighborhood. While you love your garden and love to talk about it, you don’t necessarily want to grow someone else’s garden for them.
What you can do is teach them how to do it (casually or formally) and guide them through garden consulting. Specialize in organic gardening and grow your clientele exponentially.
Get Paid for Becoming a Better Person
Daily Feats is a website that pays you to be a better person. You accumulate points by setting small goals for yourself and reaching them. You can take steps to improve yourself or to help others.
When you’ve accumulated enough points, you’re rewarded with gift cards and coupons. It won’t pay the bills, but if you need a little motivation to make changes in your life, this is where the rewards are.
Become a Craigslist Reseller
Do you pride yourself on always being able to find a good deal? Shopping and bargaining for deals on Craigslist, then reselling them a few hours later at a profit can be a great side-hustle.
Find a niche of products that you know a lot about and buy/sell your way up to the big ticket items of your category. Note: Safety first; always meet buyers and sellers in public places.
Become a Personal Shopper
As a personal shopper, you could specialize in the type of shopping you want to do. You can market your skills as an image consultant if you have an eye for color and style. Going this way commands the big bucks.
You could also take the path of shopping for people, who can’t do their own shopping. The rewards here are more for the spirit than the pocketbook.
Get into Furniture Refurbishing
Is everything you see filled with potential and possibility? Channel your optimism into furniture refurbishing and bring a little more beauty into the world.
Initially, you can do some small pieces for yourself – pick up things that need some love from garage sales. Once you’ve refurbished a few pieces and taken pictures of them, you can hire yourself out to others.
Have Fun Prospecting
How fun is this? Grab your pick, shovel, and cowgirl hat and take an adventure vacation to pan for gold or dig for diamonds.
In either case, whatever you find is your own. Pay for your vacation and then some! With a little research, you can find the hot spots around the world. Even if you don’t turn out to be one of the lucky ones, you would’ve had an experience you’ll never forget. But, what if…?
Become an Event Planner
Everybody loves a party. If you’re the extrovert who always goes the extra mile for the dinner party, birthday celebration, or World Cup Final get-together, then share the love through party planning.
Find a niche that you’re particularly good at and that you love and start letting people know you’re available. You can keep it casual for some extra money on the side or scale it up to a business if you change your mind.
Self-Publish Your Own Book
Have you had an idea for a book burning in the back of your mind for years? Maybe now is the time to let it out!
Try Life Coaching
You’ve accumulated a lifetime of experience and wisdom. Why not share it with others? People are seeking coaches to help them in their work, with their relationships, and for their personal development.
Decide where you shine, and start coaching in that area. There is no rule saying you have to be certified to be a life coach. However, if that’s something you want, there are abundant opportunities on the Internet.
10 Jobs For Seniors And Retirees
Their reasons for working in retirement vary: Most (53 percent) of those polled by Transamerica who expect to work in retirement say it’s because they want the additional income. Others (35 percent) report needing to work because they couldn’t otherwise afford retirement.
Many also point to health advantages, wanting to stay active (47 percent) and keep their brains sharp (39 percent). And some actually enjoy working and see their jobs as giving them a sense of purpose (34 percent) and a way of maintaining social connections (21 percent).
Whatever your reason, we can help you find the right part-time job for your retirement. To get started, we identified the 10 most common part-time jobs held by workers over age 55, based on data collected by compensation research firm Payscale from nearly 190,000 workers over the past two years.
Then, we ranked those part-time jobs from 1 to 25 based on our analysis of five factors: percentage of part-time workers over 55; typical hourly pay; percentage of workers who say they are either “extremely” or “fairly” satisfied with the job; whether workers say the job gives them a sense of meaning; and the physical demands of the job. Here are the results.
Take a look at our list of the top 10 part-time jobs for retirees.
1. Full charge bookkeeper
Portion of part-time workers over age 55: 73 percent (All part-time jobs: 19.1 percent)
Median hourly pay: $20.56 (All part-time jobs: $14.68)
Satisfaction rating: 77 percent (All part-time jobs: 63 percent)
High-meaning rating: 51 percent (All part-time jobs: 57 percent)
Portion of time spent standing/walking: 10 percent (All jobs: 70 percent)
Have a knack for numbers? These workers have sole responsibility for a company’s accounting matters, including creating and tracking invoices, paychecks and other financial records. They may also supervise lower-level bookkeepers and accounting clerks. You’re most likely to find this opportunity at a small firm with relatively simple finances.
2. Bookkeeper
Portion of part-time workers over age 55: 47 percent
Median hourly pay: $17.72
Satisfaction rating: 76 percent
High-meaning rating: 45 percent
Portion of time spent standing/walking: 10 percent
Remove “full charge” from the job title, and free yourself from extra responsibility. Bookkeepers focus on creating and maintaining financial records, including issuing payments to suppliers and invoices to customers. They do not supervise others.
Just note that with less responsibility comes less pay: Bookkeepers pull in a median hourly pay of $2.84 less than the full-charge cohort, but still $3.04 an hour more than the median for all part-time jobs.
3. Dental hygienist
Portion of part-time workers over age 55: 17 percent
Median hourly pay: $35.42
Satisfaction rating: 75 percent
High-meaning rating: 76 percent
Portion of time spent standing/walking: 25 percent
To become a dental hygienist, you typically need an associate degree in this field, as well as a license to practice, for which you have to pass written and clinical exams. You also have to complete continuing education requirements and pay fees ranging from $37 (in Utah) to $325 (in New Mexico) to maintain your license. (Specific licensure requirements vary by state.)
Be sure to factor in those demands when deciding whether working this jobpart time for extra years is worthwhile. Also note that this is the highest-paying job on this list.
4. School bus driver
Portion of part-time workers over age 55: 73 percent
Median hourly pay: $16.96
Satisfaction rating: 64 percent
High-meaning rating: 71 percent
Portion of time spent standing/walking: 14.3 percent
Surrounding yourself with school-age children in your retirement can help you feel young again — or age you exponentially, depending on your tolerance for extreme kid behavior.
Be sure you’re ready to not just chauffeur students to and from school safely, but also maintain order and enforce school rules on a bus packed with antsy adolescents. More straightforward job requirements: a commercial driver’s license and a clean driving record and background check.
5. Office manager
Portion of part-time workers over age 55: 30 percent
Median hourly pay: $17.26
Satisfaction rating: 75 percent
High-meaning rating: 67 percent
Portion of time spent standing/walking: 25 percent
Experienced workers should know well what it takes to make an office run. Specific duties can vary greatly from business to business, but in general, you can expect to plan, direct and coordinate all administrative services required for the organization to operate efficiently.
You can find opportunities in this field across a wide range of industries, but you’ll likely also find stiff competition. If you’ve already been working in a similar position full time, your best bet may be to talk to your boss about cutting hours and going part time for a slow transition into retirement.
6. Registered nurse
Portion of part-time workers over age 55: 24 percent
Median hourly pay: $31.84
Satisfaction rating: 68 percent
High-meaning rating: 76 percent
Portion of time spent standing/walking: 75 percent
Health care professionals in general are in high demand, and registered nurses are no exception. The number of positions for RNs in the U.S. is expected to grow 12 percent by 2028, according to the U.S. Bureau of Labor Statistics, far faster than the projected job growth rate of 5 percent for all jobs.
But while opportunities may abound, standards for filling them are high: On top of the rigorous education and training necessary to become an RN, you must also have and maintain a nursing license in the state where you plan to work. (Licensure requirements vary by state.) Still, both the high pay and high sense of meaning can make it all worthwhile.
7. Administrative assistant
Portion of part-time workers over age 55: 22 percent
Median hourly pay: $14.77
Satisfaction rating: 72 percent
High-meaning rating: 59 percent
Portion of time spent standing/walking: 12.5 percent
These workers take care of all the nitty-gritty needed to make an office run efficiently. That may include providing administrative support to high-level executives. Unfortunately, demand for executive secretaries and administrative assistants is expected to fall 20 percent by 2028, according to the BLS.
8. Secretary
Portion of part-time workers over age 55: 33 percent
Median hourly pay: $12.94
Satisfaction rating: 71 percent
High-meaning rating: 55 percent
Portion of time spent standing/walking: 12.5 percent
This broad category of workers (which excludes specialized secretarial positions such as legal, medical and executive secretaries) can be found across all sectors, including schools and government offices.
They perform a variety of functions, including communicating with clients, vendors and the public, as well as managing office emails and schedules. Note, however, that the number of positions for secretaries is expected to decline 9 percent by 2028, according to the BLS.
9. Licensed practical nurse
Portion of part-time workers over age 55: 27 percent
Median hourly pay: $21.89
Satisfaction rating: 63 percent
High-meaning rating: 71 percent
Portion of time spent standing/walking: 75 percent
To become a licensed practical nurse, you must successfully complete an approved educational program, which you can typically find in technical schools and community colleges (where older adults may be able to take tuition-free classes) and take about a year to complete.
You must then pass the National Council Licensure Examination for Practical Nursing to get a license that you’ll need to maintain by completing continuing education requirements periodically (details vary by state). But the high sense of meaning, not to mention the high pay, may be worth the extra effort.
10. Paralegal
Portion of part-time workers over age 55: 20 percent
Median hourly pay: $17.48
Satisfaction rating: 73 percent
High-meaning rating: 52 percent
Portion of time spent standing/walking: 20 percent
Along with legal assistants, these workers provide support to lawyers by performing myriad tasks, including conducting legal research, organizing and maintaining documents and files, and writing reports.
And demand for their services is expected to rise much faster than most other jobs, with the number of positions for them projected to grow at a rate of 12 percent by 2028, according to the BLS, compared with just 5 percent for all jobs in the U.S.
How to Make Money Helping Seniors
1. Companion – Living alone as an elderly person can get, well, lonely. The older they are, the most likely most of their friends and sometimes even their friend’s children have already passed on. They really run out of people to call on who aren’t related to them.
And if their living family members have busy families of their own, they sometimes get lost in the mix. Offering your services as a companion is a great way to earn some extra money and feel good about it in the process.
2. Hot Meal Delivery – Cooking a hot meal every day is not always possible for some elderly people with mobility problems (arthritis, not being able to stand for long periods of time, etc) or low energy levels. A hot meal guaranteed each day is a wonderful thing.
3. Daily Drops Ins – Some elderly individuals are on the verge of not really being able to take care of themselves, but can’t be convinced to give up their independence quite yet. Sometimes they need help remembering things like taking their pills and getting dressed.
Or maybe the family just wants peace of mind that they haven’t fallen during the day and can’t get up to call for help. If their family lives out of town, this is an especially helpful service to offer them. These daily check ins could include making their bed, sweeping the floor, and checking mail.
4. Gardening –There are a lot of individuals who live on their own, but don’t necessarily have the dexterity or energy left to do their own gardening. But that doesn’t mean they won’t appreciate a nice garden or even just some flowers around their mailbox!
5. Speak to Service People – Elderly women are especially vulnerable to feeling insecure in these situations. They also might not understand exactly what to say to the technician if they’ve never been the one to handle those things for the home.
6. Buy and Wrap Gifts – One thing is for sure – most elderly people have LOTS of grandchildren, nieces/nephews, and extended family members to buy presents for! But they have a hard time keeping up with the demand! Offer your services doing this for a fun way to make extra cash.
How do Senior Citizens Earn Money?
With older Americans at an increased risk of developing deadly cases of COVID-19, working outside the home may no longer be a safe option for retirees. Fortunately, there are plenty of ways people can bring in extra money from the comfort of home.
“Certainly, the main thing is for seniors to leverage their lifetime of work experience,” says Rakesh Gupta, associate professor of decision sciences at Adelphi University in New York. They can do that through consulting, freelancing or tutoring. Even those without a professional background may be able to find remote, part-time job opportunities.
Here are a few ways retirees can bring in extra cash from home:
- Share knowledge online and tutor others.
- Freelance in your professional field.
- Look for remote job opportunities.
- Rent out space in your home or garage.
- Tap into your home’s equity.
Another consideration for seniors is the possibility that their Social Security benefits may become taxable, regardless of their age. For instance, those filing an individual return can have a combined income of up to $24,999 and not worry about their Social Security being taxed.
However, if their income falls between $25,000 and $34,000, half their benefits could be subject to federal income tax. Those with incomes in excess of $34,000 will see 85% of their Social Security benefits subject to tax. (Combined income is calculated by adding adjusted gross income, nontaxable interest and half the amount of Social Security benefits awarded that year.)
Seniors Making Money Online
If you’re willing and interested in learning and planning, it’s possible to create a viable online business from home. Following are ways to earn money online for seniors, retirees or others.
1. Become a Virtual Assistant
A virtual assistant is someone who performs work online for someone else. The work varies, depending upon your skill set.
A virtual assistant (VA) is an online office or personal assistant who performs various tasks similar to a manager or an office administrator. Your duties can encompass a variety of services, such as administrative support, sales, marketing, accounting, writing, editing, proofreading, graphics design, website development, and desktop publishing services. A virtual assistant works remotely from her home-office using her own computer, licensed software applications, phone, and internet connection.
If you’re a whiz at Facebook, twitter, Instagram and Linkedin you can market yourself as a social media manager. There’s high demand for these jobs and you won’t need to leave your couch to do your job.
The best places to find virtual assistant jobs are through Upwork, Fiverr or through a virtual assistant network.
2. Sell Your Skills Through an Online Marketplace
Searching for work from home jobs for seniors? The internet has your back.
Upwork, Freelancer and Fiverr are amazing portals for the solopreneur. First, look at the sites to find out what customers want. For example, check out Fiverr, where payment starts at $5 but easily goes up, depending upon the services.
We have used Fiverr frequently and have been very satisfied with the quality of freelance workers. Most of the jobs will ultimately pay much more than five dollars too.
On Fiverr you can sell your talents in these categories:
- Graphics and design
- Digital marketing
- Writing and translation
- Video and animation
- Music and audio
- Programming and tech
- Business
- Fun and lifestyle
I peeked into the fun and lifestyle category and found folks selling in these categories; relationship advice, online classes, arts & crafts, health nutrition and fitness, family and genealogy, collectibles and more.
In the health and fitness category, there were entrepreneurs with meal planning offerings and article-writing in the health and fitness area. The beauty of working through an online marketplace is that the platform and customers are already there. All you need to do is set up your compelling profile.
The most important tip for working in an online marketplace is to garner some 5-star reviews. So, when starting out you might want to keep rates low until the reviews come in and then raise rates when you have the bargaining power of higher reviews.
3. Create Your Own Store
There are multiple ways to sell online with a store and the sales platforms for your online store are already set up. If you want to hunt down bargains on Craigslist, local garage sales or have an attic filled with collectibles you can market those treasures with a nice profit.
Selling on Craigslist is as easy as posting a few pictures and waiting for the buyers to call or email. Some savvy folks take the free items from Craigslist, fix them up a bit and then resell.
Offerup, the new local sales app has everything from makeup to cars for sale on their platform. The pictures on the home page jump out and encourage buyers to pounce.
Fulfillment by Amazon has everything you need for your online store including picking, packing and shipping the orders. All you do is sell. ” You sell it, we ship it. Amazon has created one of the most advanced fulfillment networks in the world, and your business can benefit from our expertise.
With Fulfillment by Amazon (FBA), you store your products in Amazon’s fulfillment centers, and we pick, pack, ship, and provide customer service for these products. Best of all, FBA can help you scale your business and reach more customers.” ~Fullfillment by Amazon
If you’re collecting payments, there are many online payment platforms ready to help such as Paypal or Paysafe. Fiverr even offers complete business services to help with invoicing and recordkeeping.
4. Create a Website as a Springboard for Your Business
Once you have a website, there are multiple ways to make money. In fact, every online entrepreneur should have a website to build and promote their brand. Whether you have an online virtual store, a blog within a website, or simply a website with a portfolio of your work – to make money online, you need a website.
Your own website can be a cornerstone for your online selling business. Fortunately, it’s cheap and easy to set up your own website.
Or you can go online and hire someone to set up a website for you. Regardless of how you proceed, search around and save the online addresses of sites that you like. That way you’ll have inspiration for your own site.
5. Sell Affiliate Products on Your Own Website
You can participate in affiliate programs where you sell others products and keep a percentage of the sales price. This is one of the funding sources for this website.
Here are a few strategies and programs for selling affiliate products on your website:
Amazon Associates – You can sell anything from Amazon with your own affiliate sign up link and even if someone visits Amazon to look at the product you’re selling and ends up buying another item, you get a commission. The Amazon affiliate commissions are low, although there are folks that sell in volume and make a nice income.
There are other affiliate programs that offer more generous commissions. CJ Affiliate, formerly called Commission Junction is one of the more popular affiliate sites on which to find products to sell.
In order to make money, you need to drive traffic to your website and the affiliate products. There are many ways to do this. One strategy is to write honest reviews or discuss certain products, include your own personal affiliate link and when someone buys, you get a percentage of the sales price.
When selling affiliate products, the golden rule is to promote only those items you believe in. If you sell junk then your reputation will suffer.
6. Pet Sitting for Cash and Exercise
Staying active in retirement is one of the most important ways to improve health and longevity. In our neighborhood, the dog walkers with their furry charges seem to be having fun, while they make money. Pet sitting and dog walking provides extra cash and fun for animal lovers.
In the San Francisco Bay area, pet sitting is an in demand and high paying side gig. The pet sitters may offer ancillary services as well, for extra fees. Pet sitters can stay and play with the pet for a longer period of time or visit multiple times per day, for additional compensation.
Pet sitters can advertise their services through Yelp reviews, a website, and apps. The Steady app is one of our favs and offers links to pet sitting as well as many other types of jobs.
7. Watch Videos and Take Surveys
If you’re already surfing the internet, then why not get paid to do so. There are many companies that are interested in your opinion and will pay you to watch videos and take surveys as well al complete other online tasks.
One of our favorite sites for making money online, especially for those who’ve hit their retirement age and want to supplement their Social Security checks is InBox Dollars. There’s even a sign up bonus for an extra income boost. You probably won’t make a windfall of extra income with this approach alone, but every little bit helps.
Make Money Running Errands For Elderly
Running errands for seniors is a great way to make nice money while doing something for senior citizens. Many are homebound and unable to complete errands that most of us do every week, such as grocery shopping, stopping at the bank, picking up dry cleaning, and more.
Starting your own senior errand service is not a get-rich-quick scheme, nor do you need specialized training be able to do it. It probably won’t pay for your mansion in Hawaii or that jet plane you’ve had your eye on. But you can make a nice amount of money without working long hours. How much?
A typical errand service business charges between $20 and $35 an hour, depending on their location. The national average is $30 an hour. If you work a 40-hour week, that could mean $50,000 a year.
When charging your customers, most errand runners charge by the hour instead of by the task. If a customer asks you to do an errand that is outside of your normal range, consider charging them a mileage rate as well. The IRS currently allows 58 cents a mile for business-related travel. Many errand runners have adopted this rate for themselves.
In addition to the normal tasks you’ll be asked to do, consider offering others, such as pet and house sitting. Most errand runners charge between $15 and $25 for a half-hour visit. That means you can make between $30 and $50 an hour pet or house sitting!
In the case of pet sitting, you’d most likely be performing the normal daily tasks you do with your own pets: feeding them, taking them out for a bathroom break or walk, and giving them the love and attention they deserve.
If you’re asked to do an errand outside of your normal business hours or on a holiday, it’s a good idea to charge your customers more. Many charges an extra $6 an hour for errands done outside normal hours and an additional $10 an hour for errands done on holidays. It is also customary for a customer to give you notice 24 hours ahead of time if they’d like your services, and/or 24 hours ahead of time if they need to cancel your errands for that day.
How to Make Money at 60 Years Old in India
If you depend only on your retirement corpus then within a few years the savings are sure to evaporate and you may face financial crises at the sunset years.
The retirees must make such an investment portfolio that not only provides a regular income but keeps the tax liability at bay. An ideal investment plan for retirees should be a mixed bag of fixed income and market-linked investments.
Senior Citizen Savings Scheme (SCSS)
This is a small savings schemes for senior citizens who are citizens of India and residing in Indian territory. It attracts a higher interest rate than a bank’s fixed deposit. The present rate of interest on SCSS is 8.3%. The minimum amount that can be invested is Rs. 1,000, maximum investment is Rs. 15 lakhs.
One can withdraw the interest on the investment in quarterly or on an annual basis. One has to pay tax on the interest gain if it is more than Rs. 10,000. At the same time, the income under SCSS attracts tax rebate under Section 80C (limit Rs. 1 lakh). The tenure of SCSS is 5 years which can be extended to three more years.
Post Office Monthly Income Scheme (POMIS)
The interest which you get in POMIS is less than SCSS but it is helpful for the persons who want regular income every month. In this scheme, the interest on the deposited amount is paid to the investor on a monthly basis.
The POMIS scheme matures in five years. The minimum amount one can invest is Rs. 1500 and the maximum is Rs. 4.5 lakhs in the solo account and Rs. 9 lakhs in the joint account. The income on POMIS is free from taxes.
Post Office Term Deposits
The post office term deposit pays out its interest annually hence it may not be useful for the ones who need a monthly income. But if you have other ways of getting a monthly income, you can use this scheme. The interest rate differs with the time period of your investment. The minimum investment is Rs. 200 and there is no maximum amount.
The Income is taxable and you can claim for a tax rebate under section 80C. The interest is compounded quarterly which gives out a bigger amount though the interest rate is comparatively low. Time Deposits can be opened for periods of 1, 2, 3 or 5 years.
Per Annum Interest Rates of post office term deposit are as follows:
1 Year: 6.80%
2 Years: 6.90%
3 Years: 7.10%
5 Years: 7.60%
National Pension Scheme
This is a government-approved pension scheme that can be used by any Indian citizen between 18 to 60 years. The minimum yearly deposit is Rs. 6000 which can be done by paying Rs. 500 per month.
The rate of return is market-linked and it is the cheapest form of market-linked investment available in India. The 40% income of NPS is taken as tax-free and on the rest 60%, you are to pay interest according to your tax slab.
Mutual funds are one of the best investment options for retired persons in India. Mutual funds are of various kinds. If you choose the right kind of plan, you will be able to earn a regular income by investing in mutual funds too.
Mutual funds don’t give out a monthly payment, but it increases the value of the money which you have invested and allows you to withdraw your funds at regular intervals. Here are some useful retirement plans of mutual funds
Dividends On Shares And Equity Mutual Funds
Dividend funds are the kind of fund where the companies share a part of its profit with its investors. The part of the profit which is shared with the shareholders is called dividends. Investing in dividend fund is a way of gaining regular income. But one should not ignore the risk factor associated with the same.
Dividends On Debt Mutual Funds
Just like equity funds, one can invest in debt mutual funds which promise to pay of dividend to the investor. The dividend is nothing but a part of profit earned by the AMC. The investment in debt fund may give out a lower return, but it is less volatile to market fluctuations.
Systematic Withdrawal Plan (SWP) Of Mutual Funds
Such plans allow the investor to withdraw a specific amount of money at regular intervals. This plan works perfectly for the retired ones who can invest a good lump sum amount in mutual funds and want to have a regular withdrawal which will help them financially.
Once you invest a lump sum amount, you can set the amount and the frequency when you are going to withdraw from the fund. This becomes a very good source of regular income.
Physical Assets
A physical asset is a tangible item which has economic, commercial or exchange value. Some of the examples of physical assets are land, house, property, gold, equipment, or inventory. If you are a retiree, you can even use such physical assets as a source of monthly income. Here is the best monthly income plan for a senior citizen-
Reverse Mortgage
A reversed mortgage can be availed by a retiree who owns a house. It is a kind of secured loan in which the loan amount is disbursed in monthly basis. The loan amount depends on the price of the property and the age of the applicant. The longest tenure of reversed mortgage can be as long as 20 years.
One can continue to live in the same house even if the tenure is exhausted. A reverse mortgage borrower is not expected to pay back his loan during his lifetime. At the death of the borrower either the house will be sold by the lender or the heir of the property has to pay back the loan.
Retirement Hobbies That Make Money
Here are 19 retirement hobbies that can make money which you can try.
1. Pet Grooming, Sitting or Walking
If you love animals, there are many ways in which you can earn money. You can walk dogs, pet sit or offer grooming services. Many pet owners who have to travel enjoy having someone to take care of their fur babies.
Sometimes clients may want you to feed and bathe the animal, clean their litter box or cage or give them medicine. If you have experience taking care of pets, you’re qualified.
You just need to make sure you have the strength to deal with larger animals and the ability to walk a reasonable distance. The more good reviews you can get, the more work you’re likely to get.
Post flyers around the neighborhood and at local pet stores and veterinary offices to market your services. You can also create an online profile on sites like PetSitter and Rover.
2. Showing People Around Your City
If you really know your city and you enjoy showing it off, why not work as a tour guide? You can focus on history, food, art, music, architecture or whatever is your specialty.
Being a part-time tour guide allows you to share your knowledge while interacting with both locals and visitors. You can apply for seasonal jobs at museums or monuments or apply to private tour companies.
Looking for jobs on sites like Craigslist, Indeed, and ZipRecruiter can also prove fruitful.
3. Sharing Your Opinion
Do you just love telling others what you think? You can make easy money doing just that. One option is to participate in surveys or online/in-person focus groups.
There are many companies that are willing to pay you for your feedback. You won’t make large sums from doing online surveys, but the work is easy, and you can do it whenever you have a little spare time.
Focus groups can take a few hours but you can make a few hundred dollars. You can also find work as a website or app tester using sites like UserTest and Startuplift.
You can make $10 on average for completing a test that takes 10 to 15 minutes. One of our favorite survey sites is SurveyJunkie.
4. Gardening
Gardening is another of those retirement hobbies that make money. If you love working in your garden, you can use your skills to help others with their lawns, trees, and bushes.
This is a physical job so it’s best for retirees who are still very active. Gardening is mainly a seasonal job, but it depends on where you live.
You can work at private homes, in community gardens, or botanical gardens. If you’re known for your green thumb and you want to remain physically active, this is the perfect job for you.
Care, Hortjobs and SimplyHired are three job sites you can use to find a part-time gardening gig.
5. Taking Care of Children
Many working parents would love to engage someone who has lots of experience with children.
If you have children and grandchildren of your own, you already know the ropes. You can provide temporary relief to parents by picking up their little ones from school, helping them with homework or making dinner.
It is up to you to decide which tasks you want to help families with. However, you can charge more if you tutor or help with homework instead of just babysitting.
Babysitters tend to make around $12 an hour but the rate may be different in your area. If your neighborhood has lots of families, you should be able to easily find work.
There are lots of opportunities online but Rent a Grandma is specifically for mature women.
Extra Money For Senior Citizens
Many senior citizens, as well as disabled individuals, live on a limited, fixed income. There are some ways that they can increase their income and make more money to pay for the ever-increasing cost of living.
There are low-stress ways to make money on a part-time basis, which can benefit someone who is disabled or maybe retired and is just looking for a few extra dollars. But there are also more full-time and free job placement or training programs offered.
Or find how to work from home, use a cell phone to make money, and many other methods, and all of these resources are very effective for the disabled as well as senior citizens.
Hobby and gig economy jobs
Many retirees turn a hobby into a part-time, low-stress job after they retire. Or someone who is disabled may also benefit from this type of concept, as it can provide them as well with a source of funds for paying the bills. There are almost never any conflicts with SSI payments or pension/401K payments, and hobbies can be used too.
We have a list of options above. They range from selling crafts to reviewing books or blogging. There are also options for seniors to enter into the gig economy by saying driving for a car service or walking or boarding pets. There are really countless ways for a retired person or someone with a disability to monetize a hobby or get one of those so-called “side gig jobs
There are dozens of smart phone apps, websites, browser extensions, and other ways to make money using technology. Each service is free to sign up for. Whether it is cash back from shopping, taking an online survey, doing at home say jury work, giving opinions on marketing products, and so much more, the elderly and disabled can make a few extra dollars. Here are some options.
Online surveys – We have reviews of dozens of the leading sites. There are legitimate online survey companies.
Cash rebates – Get paid for your shopping. Make money from cash back shopping sites.
Apps – They can pay you for walking, giving your opinion, and more. Locate Android and iPhone apps for making money.
Rent items – Senior citizens may bring in extra cash by say renting a home in their home. Or “sharing” or leasing their car or experiences with others.
TV – Seniors and the disabled tend to watch a little more television. It can be monetized. More on Making money from TV.
Government job placement for senior citizens
The federal government also realized that a senior citizen may want to re-enter the “official” job force, either on a part time or full time basis. It can be a retiree who wants to work again for extra money or maybe they were just bored at home! Or someone who wants to give back to the community. The federal government does offer assistance programs to help with this.
Seniors (or people over the age of 55) can use the Senior Community Service Employment Program or SCSEP. Non-profits, charities, and local employers allow the senior (or retiree) to work part-time to gain new skills. This then helps them transition back into the workforce. It can be working for a charity, a library, health center, a small non-profit tech company, or thousands of other businesses.
Both the disabled as well as seniors, or anyone who wants to work again, can also try the job centers that are part of the Workforce Innovation and Opportunity Act. Thousands of community centers, local offices, and other groups are part of the network.
They may hold career seminars, job fairs, free computer classes, and much more. Employers who are looking for part-time workers, including anyone with a disability or who is older, participate if this free government program.
Making Money in Retirement Australia
Australians may be living longer, but in a post-Global Financial Crisis (GFC) world, paying for the extra years of retirement can be tricky. Living on reduced savings is difficult and the pension alone is not enough to cover basic needs. So how can you make money in retirement?
Earning extra money doesn’t have to mean starting your own business, or even working for an employer. Here are some simple ways to increase your income.
After school care
Most schools run before and after school care programs for parents who can’t pick their children up on time due to work or other commitments. After school care programs are often seeking people who are experienced with children and have time to spare. All you need is a little patience and a Working With Children Check.
Dog walking
Walking dogs for busy pet owners is a great way to work close to home and keep fit. Consider starting slowly, with just one dog at a time. When you progress to walking multiple dogs at the same time, be sure to introduce the dogs to one another slowly – it will make for a much friendlier outing. And if you’re asked to walk big dogs, ensure the owners provide you with a leash system which lets you stay in control.
Housesitting and pet-minding
Some homeowners will pay for house-sitting, but you usually need some experience to command a fee. You are much more likely to get paid if you are also pet-minding, as this is a more time-consuming task. If you’re simply looking for ways to save money, house-sitting can be essentially rent and bills-free living, as long as you can line up enough consecutive housesitting gigs.
Sell your stuff
How much of the ‘stuff’ that you store do you really use? An easy way to make money fast is to clear out your garage or spare room and sell whatever you no longer need or want. eBay is the most commonly used platform for this, as you can advertise and sell items from the comfort of your computer chair.
If you can spot a bargain, or have specialist knowledge in an area (for example spare parts for cars), it is also possible to make money through eBay by buying items at a low price and reselling them for a profit.
Freelance editing
Grammar is no longer taught in schools the way it once was and editors with an eye for detail are in high demand. Contact local newspapers, small magazines or designers who may be in need of your services and set yourself up as a freelance editor.
Each state has its own society of editors which can also provide useful information such as how much to charge. Your local library, where people who still love words hang out, may also be a good place to advertise your editing services.
Online surveys and market research
Many companies will pay for you to complete surveys online. Separately the surveys don’t pay much, but if you do a few each day you could find yourself with some handy pocket money at the end of the week. You could also sign yourself up to take part in market research or to participate in a focus group. These options will pay more, but the work is less frequent and you may have to travel.
Sewing or ironing
Another skill which is slowly disappearing is the art of taking care of clothes. Performing small sewing or mending jobs from home can be a great way to make a few dollars while watching your favourite television program.
Ironing is another simple skill you may be able to offer, but be sure to set yourself up with a good iron and ironing board before you start, as customers will expect professional results if they are paying.
Boarders
After clearing out your spare room and selling the contents on eBay, why not take in a boarder? You could organise it yourself by advertising locally, but it is usually safer to go through an agency. Agencies often require you to provide a certain number of meals per day as part of the service, but if you are already cooking for yourself or your family this can be relatively simple task.
Enter competitions
There are a number of websites which gather together all of the competitions advertised online and in magazines, so visiting them will save you time and effort. Taking part in skill-based competitions, such as those which require you to answer in 25 words or less, ensures that your chances of winning are higher, as fewer people take the time to enter. Enter as many competitions as possible, even if you are not interested in the prizes, as you can sell any prizes you don’t want.
It is important to remember that anything you earn must be declared to the Australian Tax Office. You may also find that your earnings may have an impact upon any payments you receive from Centrelink, or that there are other financial or legal ramifications to working.
To protect yourself from unexpected consequences, make sure to get the relevant advice. You may wish to speak to a Centrelink Financial Information Services Officer (FISO) to check how earning money again may affect any benefits you receive.
What Jobs Will Help The Elderly?
Let’s take a look at some of the most popular career choices for people who want to make an impact in the lives of the elderly.
Audiologist
Median salary
$75,920
Growth rate
16%
Audiologists are specialists who diagnose and provide treatment for hearing and balance disorders related to problems with the ears. Typically work environments range from healthcare settings such as hospitals and clinics to educational environments like schools and universities.
Clinical audiologists can concentrate in a variety of specialties including pediatrics, geriatrics, balance, implants, hearing aids, and other auditory processing issues. With the American population of older adults increasing, audiologists have increased employment opportunities working with the elderly to prevent hearing loss, combat existing hearing problems, and provide better hearing assistance products such as aides and implants.
Certified Nursing Assistant (CNA)
Median salary
$23,530
Growth rate
9%
Certified Nursing Assistants or CNAs provide basic care to patients and assist them in daily activities they may have trouble doing on their own such as bathing and dressing. Although a CNAs responsibilities will change from setting to setting, you will often find them working in nursing homes, patient homes, and care centers for the elderly helping patients complete daily tasks.
Fitness Instructor
Median salary
$39,820
Growth rate
13%
Fitness instructors provide personalized training and lead group classes to help seniors meet their health goals. Often trained to effectively and safely work specifically with the elderly, fitness instructors help their clients feel youthful again by combining behavioral change, motivation, nutrition, and physical training to lose or gain weight, build overall strength, and increase stamina.
Home Health Aide
Median salary
$24,060
Growth rate
36%
Home health aides are trained to assist the elderly in their homes by helping with daily tasks like bathing, cooking, driving, and household chores. Home health aide duties may include monitoring patients and observing physical and mental health, teaching patients to care for themselves, helping family members care for patients in appropriate and safe ways, maintaining a safe and secure patient environment, and recording patient information.
Licensed Practical Nurse/Licensed Vocational Nurse (LPN/LVN)
Median salary
$46,240
Growth rate
11%
LPNs/LVNs work under the direction of a medical doctor helping to administer basic health care to patients. Half of all LPNs/LVNs work in nursing facilities, elderly homes, or in home healthcare and perform a variety of functions from maintaining patient records to assisting with bathing, dressing and eating.
Occupational Therapist
Median salary
$84,270
Growth rate
18%
Occupational therapists are specialists who treat injured, ill, disabled, or elderly patients through the therapeutic use of everyday activities. They help patients develop, recover, and improve the skills needed for daily living and working.
Therapists help patients doing daily tasks like washing, dressing, cooking, and eating. Occupational therapists working in geriatrics can change home environment’s for elderly patients in such a way that they can manage their routines without as much trouble.
Patient Advocate
Median salary
$32,320
Growth rate
11%
Patient advocates for the elderly work to coordinate communication between patients, family members, medical professionals, administrative staff, and health insurance companies to ensure that patients are receiving the best possible healthcare services.
Advocates are responsible for identifying care problems, making referrals to appropriate healthcare services, directing patient questions and complaints, explaining policies, assisting patients in choosing doctors, discussing treatment options, and even accompanying patients to doctor appointments.
Personal Care Aide
Median salary
$24,050
Growth rate
11%
Personal care aides are much like home health aides, however, personal care aides work for public and private agencies or are hired directly by a clients’ family and are not required to have any medical training or certification.
There is no specific education or training needed to become a personal care aide, just a dedication to the proper care of their patient. While certification is offered, it is not mandatory and work is generally supervised by a licensed medical professional such as a nurse or social worker.
Physical Therapist
Median salary
$87,930
Growth rate
22%
Physical therapists diagnose and treat patients who have health conditions that limit their ability to move and perform everyday activities. Geriatric physical therapists help elderly patients achieve the highest degree of physical health and mobility possible by focusing on ailments like arthritis, osteoporosis, Alzheimer’s, and joint problems. Therapists may design custom exercise plans that work to keep the patient as physically fit and active as possible.
Registered Nurse (RN)
Median salary
$71,730
Growth rate
12%
Registered nurses who specialize in geriatrics work with elderly patients to improve physical ailments associated with aging as well as mental ailments such as Alzheimer’s and dementia. RNs working in geriatrics may have a general nursing degree or may hold advanced degrees or certification in geriatric nursing.
Work environments include hospitals, nursing homes, retirement communities, and assisted living facilities and specific responsibilities will differ from facility to facility.
Which Business is Best After Retirement?
In addition to considering your finances and health, before you settle on a business to start consider how big a business you’ll want to start. Although some seniors might be interested in starting a business with employees and office space if you’re retired or near retirement a lifestyle business may be more to your liking.
A lifestyle business is one that provides enough income and free time to let you enjoy a desired type of living. Is a senior with social security, pension, and savings, that might mean just working part time in a business that evolves around your personal skills or hobbies.
Here are some of the best retirement business ideas:
Taxes and Bookkeeping
Many entrepreneurs need a little help managing the books. If your day job involved accounting or tax prep, then you might want to consider providing financial consulting services in retirement. Not only can you start this small business with little to no capital, but you can perform your services from home or anywhere else with a Wi-Fi connection.
Tutoring
Retired teachers and librarians are uniquely suited to start tutoring businesses. With competition becoming increasingly fierce at top colleges, a growing number of parents are paying big bucks for private tutoring. Seniors can capitalize on this trend by offering subject matter tutoring, SAT prep, college essay writing support, and more.
As a bonus, you can set your own rates and hours and tutor only as many students as you desire. According to a recent Angie’s List article, the average tutor takes in between $45 and $60 per hour.
If you’d rather freelance than form your own business, consider signing up with a service like Wyzant. You can create a profile conveying your knowledge and experience and find clients in your local area.
Writing and Editing
If you have good communications skills, you may be able to make extra cash helping businesses -especially small businesses – with their communications needs. Businesses may need copy for the company website or blog, publicity releases, sales materials or manuals written or proofread. Upwork, Freelancer.com and Fiverr can help you find assignments.
Online Courses
The online learning/training market is expected to exceed $200 billion by 2024. If you have a skill that other people would pay to learn and you’re good at explaining things, you could tap into that market by turning what you know into one or more courses to teach online.
You can sell your courses through online marketplaces such as Udemy, or through your own website or other platforms for course delivery. Once the courses are created you primary time investment will be marketing them to attrace a steady stream of new customers.
Pet Care
Many seniors already provide childcare for family and neighbors. However, it might not occur to them to offer these services for animals in need. With the National Association of Professional Pet Sitters estimating that Americans spend $47 billion a year on their fluffy, feathered, or finned friends, the opportunities for earning money in this field are virtually endless.
You could sit for pets when their owners are out of town, walk dogs during the day, or even offer grooming or dog training services. Many people will pay a premium for the knowledge that their pets are safe and loved when they can’t be there to offer care.
Consulting
Retirees often boast extensive industry knowledge thanks to decades on the job. If you want to earn extra cash in retirement, consider providing consulting services based on your previous career. For example, individuals with computer expertise might provide tech support for a local business.
Read Also: Making Money With Technology-focused Media
Similarly, seniors who worked in finance could advise individuals and businesses on their investment choices. Whatever your area of expertise, the possibility exists to earn a solid paycheck. In fact, many companies are able to pay consultants more than they can full-time employees since they don’t have to swallow the cost of their benefits.
Franchises
Did a new Dunkin Donuts or McDonald’s recently open up in your neighborhood? Many of these popular shops are actually owned by franchisees, or individuals granted licenses to do business under the trademark of a larger company. If you are a relatively young “senior” and have some money to invest, you may want to consider buying a franchise rather than launching a business from scratch.
Better franchises provide training and name recognition that you won’t have if you start your own business. As a result, some franchisees have higher success rates than independent startups like retail stores and restaurants. For best results, choose a franchise in an industry with which you’re comfortable and research your franchise choice very carefully before signing a contract.
Creative Products
Do you have a talent for crafting? Maybe you’re a skilled quilter or an exceptional artist. If so, you may be able to earn extra cash by selling your creative wares. While some seniors opt to do the majority of their business in person at flea markets and fairs, others prefer to sell online.
Sites like Etsy provide a digital marketplace through which craftspeople can sell everything from makeshift jewelry to homemade house decor. Additionally, some sellers list antiques and vintage items they collected from estate sales.
It’s worth noting that sellers pay a fee for access to Etsy’s client base. Expect to pay 20 cents per listed item. You’ll also pay a 5 percent transaction fee on the sale of any item you unload, so keep this in mind when setting rates.
What Does a Social Worker do For the Elderly?
Gerontological social workers, also known as geriatric social workers, coordinate the care of older patients in a variety of settings, including hospitals, community health clinics, long-term and residential health care facilities, hospice settings, and outpatient/daytime health care centers.
Those who work in geriatric social work help their clients manage psychological, emotional and social challenges by providing counseling and therapy, advising clients’ families about how to best support aging loved ones, serving as the bridge of communication between clients and the rest of the care team, and ensuring that clients receive the services they need if or when they move between inpatient and outpatient treatment programs, in-home care, day treatment programs, and the like.
The role of social workers in elderly care leads to unique opportunities, which include making deep and meaningful connections with clients and their families, changing problematic systems at both the personal and community levels, and the knowledge that their work has a direct positive impact on those in need.
According to the Bureau of Labor Statistics (BLS), the 2019 median pay for social workers External link was $50,470 per year. The highest-paid 10% of social workers earned more than $82,540, while the lowest 10% earned less than $31,790.
The annual mean wage of health care social workers External link was $54,310 in 2019, the BLS reports. This is the average geriatric social worker salary as well since the BLS considers geriatric social workers as part of the health care social worker group.
Employment of social workers is projected to grow 13% from 2019 to 2029, much faster than the average for all occupations, according to the BLS. Increased demand for health care and social services will drive employment growth, but the prospects of each specialization, such as geriatric social workers, will vary.