Best way to make extra money in retirement

A few weeks ago, I asked the women in our community how they make money in retirement. Their answers were amazing and showed just how creative our generation has become when it comes to supplementing our income in the best years of our lives. I hope that you find them useful. Quick update… Since I wrote this article, I have added several new resources to Sixty and Me to help you make money from your passions. In addition to checking out the creative ideas below, I would encourage you to read the following article:. Earn cash hosting people from around the world when you rent out your extra space on Airbnb.

2. Freelance

Not having to leave the couch to do it! Fire up your computer or smartphone for these three ways to make money from your living room. Take Surveys Online Websites called survey sites will pay you for your opinions. Get step by step instructions for finding lost or forgotten money. Get paid to watch videos on Swagbucks , a rewards program website that gives users gift cards and cash for performing certain tasks online. Making money while shopping — sounds like the dream, right? Ibotta is a cash-back app anyone with a smartphone can download. It will match what you purchased to the offers you selected and deposit the cash-back offers into your Ibotta account. Wondering how much money you could really earn from this app? Dosh is another cash-back app, but it goes beyond grocery shopping. This app gives you cash back for shopping at local businesses, booking hotels through its app and even dining out at places like Olive Garden. Do you love shopping online? Ebates is an online shopping portal that rewards customers for shopping with its partnered retailers. Retirement is a great time to pare down your belongings. Instead of letting old clothes and untouched DVDs sit around, turn them into piles of cash! Letgo is a local marketplace app where you can sell just about anything.

1. Rent spare rooms

If you have clothes, purses, shoes or any household items taking up space, list them for sale on Letgo. Listing items is as easy as taking a photo and posting it to the app. Letgo is based on your location, so you only deal with local buyers. Instead, bring your items to a public location, like a local coffee shop or library. To be extra safe, you can also bring someone with you. If you have old books, DVDs or electronics sitting around collecting dust, download the app Decluttr and make money for getting rid of them.

Sell Your Photos

Who wants to be a millionaire? While many people envision retirement as a time when you stop making money, start spending your savings , and relax, it can also be a time to increase your wealth. It will take hard work and dedication. Here are five different ways you can increase your wealth in retirement and become a millionaire. People often say the first million is the hardest million. That is especially true when investing. If you reach retirement with a large investment nest egg, you could increase your wealth by remaining aggressive with your investments. This means it is possible to make some withdrawals from your portfolio and still double your wealth. Not everyone in retirement stays retired. Many people start their own businesses or go back to work. Perhaps the best way to become a millionaire in retirement is to start a passion business. For some retirees, starting a business or consulting practice can make money and add meaning to life.

Create “How To” Videos

A big reason why Ben and I started Breaking The One Percent was to help people learn about different ways to make extra money. Obviously, earning extra money is something that can really change your life. Money can buy you freedom in more ways than one, despite what people may say. The purpose of this retigement is to serve as the ultimate source of ideas for you to make extra money.

There is a ton of information on this page, so I suggest bookmarking it and coming back periodically. Companies are willing to pay money to get inside the heads of consumers. Pro Tip : Signing up for several survey sites will help you earn the most money.

All you have to do is sign up to be eligible for surveys. Once you complete a survey, you earn a specified number of points. You can exchange for cash paid directly to a PayPal account, or you can redeem your points for gift cards.

Super simple. InboxDollars — Cash and simplicity. Those are my two wayy parts about InboxDollars. Good stuff. Vindale Research — Vindale Research asks for information about you in order to match you with fitting surveys. Cashouts are through PayPal.

The best part about the site? Claim Your 10 LifePoints Bonus. Survey Club — Participate in the latest and highest paying research, product tests, focus groups, clinical trials, and survey opportunities.

Get paid each time you take part in a research study deposited directly to your PayPal account. Get Started at Survey Club for Free. Rather than combing through your bills for ways to save a couple dollars here and there, let Trim do it for you. Trim connects to your account using bank-level security, analyzes your spending and subscriptions, and finds ways you could be saving money.

It can even negotiate your bills and find you a better rate on things like car insurance. The cool thing is, this is retire,ent top of any waay or coupon codes you already. Whenever you head to your cart to check out, Honey searches for online coupon codes or better deals from different retailers.

Honey does all the legwork for retirfment. Grocery shopping is one of. Beyond busy people, however, are the physically disabled and elderly who have difficulty leaving the home. By enrolling with a service like Instacartyou can make extra money by grocery shopping for people in your area. You could be missing out on extra money by listing it on Airbnb. On game weekends where I live, homeowners can make several thousand dollars just by turning their house over to eager game-goers for a few days.

One easy way to make money is koney move your savings over to a bank account that actually pays you a decent interest rate. Take 10 minutes out of your day and do this — over time, it really does make a difference. You can buy individual shares of retiremnet estate property through a website like Fundrise. According to their site, investors can earn an average of 12 to 14 percent annually on their investment.

Think of this as Airbnb, but for your car. By best way to make extra money in retirement your vehicle on Getaroundyou can maek extra money by renting your car to people who need to borrow a ride. Pretty self-explanatory. You can start making money playing with dogs using Rover. Rover lets you set your prices, so you can charge fair rates for your services. In addition to walking, you can also offer doggy daycare, house sitting, and boarding.

Dosh gives members cash back on things they do every day. Whenever you shop at a Dosh partner location using a card connected to your account, you receive cash deposited straight to your Dosh Wallet.

There are no coupons, no promo codes, and no extrs scanning receipts. Just download the app and shop! Cashing out is easy, retirment. Transfer your earnings to a bank account, PayPal, or donate to your favorite charity from within the app. Bad credit could be costing reetirement hundreds of dollars per year. Fortunately, you can make that money back by staying on top of your credit score. For day-to-day credit monitoring, I like to use Credit Sesame.

The Credit Sesame app provides a snapshot of your credit situation all in one place. It also gives you personalized savings advice in areas where you could be overpaying, such as car and student loans.

Checking your report allows you to stay on top of your credit history and make sure nothing is awry. Imagine if every time you swiped your card, you could round up to the nearest dollar and invest that change towards your future. Aside from everyday round-ups, Acorns lets you set recurring and one-time investments, earn cash back on your everyday shopping, and rewards you for every friend or family member you refer. Robo-advisors use technology to efficiently manage your portfolio.

That means fewer fees and no hidden costs, so you get to keep more of what your investments earn. Already have a portfolio? Their free Investment Checkup tool compares your current portfolio allocation to the ideal allocation needed to fund your goals.

Getting started is easier than you think. If you only have a few minutes here and there, you can still use that free time to make extra money right from your smartphone. Here are some free apps that pay you just for using. Sites like Swagbucks offer ways to make extra money beyond just taking paid surveys. Nielsen Digital Voice gauges how people spend their time using technology. With no listing fees, free shipping, and the best price for your book, there is no reason to sell anywhere.

MobileXpression is an app that tracks internet usage on your smartphone or tablet. After 90 days, MobileXpression will donate a tree to Trees for the Future in recognition of your participation, and an additional tree for each month you remain an active member. How cool is that?! In order to make money with Shopkick, all you have to do is download the app, enable your location services, and start earning kicks. Payout comes in the form of gift cards to your favorite stores, including Walmart, Target, Sephora, and Starbucks, to name a.

You can now use bitcoin to buy pizza, pay for your travels, and eay online. Why not use take advantage of this new form of currency to make some extra cash for yourself? Most of us are guilty of hanging onto things that we never use, myself included. Take a day and go through all your old stuff and get rid of some of it! One tool that is really helpful for this is Decluttr.

Then you simply pack all your items into a box and ship them off for free. The Ibotta app gives you cash back on the groceries you already buy. Some deals are brand specific, while others give you cash just for purchasing a certain type of item, like a loaf of bread from any brand. Choose your deals before you check out, then submit a picture of your receipt and get paid via Venmo, PayPal, or redeem for gift cards.

HostGator has one of the best deals on the internet right now for getting a money-making blog up and running. They make it simple and easy to get started, which is why I like recommending them to ambitious new bloggers. Zero tech knowledge needed! If you want to get started, check our step by step how to start a blog tutorial.

After she had a ton of success doing that, she decided she wanted to teach others how to do the same thing, so she started up Proofread Anywhere. Content is what drives web traffic. Websites are always pumping out fresh, new content for their readers, and they are always looking for writers! Want to see success faster? Learn from a veteran, six-figure freelance writer.

Facebook ads are invaluable to both online and brick and mortar retiirement owners these days. Because we know someone who does.

Bobby was a rehirement director when he started his blog and digital marketing side hustle. Now he makes several times his previous salary running Facebook ads and providing other services for local businesses, along with running his own blog. Online business owners are always looking for help with tasks myself included. There is a wide range of services a VA can offer, from graphic design, blog editing, responding to emails, and.

Since getting a loan is one of the easiest ways to make extra money, we felt we had to include it. Stay away from payday loans at all costs.

Instead, look for well-known companies that provide legitimate short-term loans at low interest rates, like the ones below:. There are no origination fees, no penalties for paying off your loan early, and no hit to your credit mak checking your loan rate.

It can even prevent you from taking any action at all. No matter your skill set, no matter what you do now or did in the past, there is an option in that reitrement align with your own skills and passions. Stock photography websites are huge repositories of photographs, covering almost every possible subject you could imagine. Photographers from around the world simply upload their images to any one of a number of these bext databases, allowing magazine editors, designers, or practically any organization with a website to buy. In recent years, YouTube has grown into the go-to source for all manner of video courses and guides.

1. Rent out your home

Instructors can monetize their videos by charging a subscription fee or password protecting content for jn customers. You also need to know the exact phrases that people search .