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6 Good Side Gigs for Retirees in 2023


Earn extra money by selling your experience, your opinion, your skills and your trade, or by offering yourself as a guinea pig.

If inflation and the changing stock market have you worried about your financial security in retirement, you're not alone. 71% of boomers recently surveyed by Bankrate said they are behind on their retirement savings.

One way to increase your income after retirement is to work a side Job, a flexible job that can be done part-time, casual, or seasonal. In addition to the financial benefits, side jobs can add enjoyment, interest, and purpose to your retirement years.

Traditionally, most artists and artisans have relied on local fairs and galleries to sell their work. But, increasingly, they are leveraging technology to boost their sales and expand their reach. | Credit: getty

To help you learn about good side jobs for retirees in 2023, I turned to two experts: Toni Frana, career services manager at FlexJobs, and Kathy Kristof, founder of SideHusl.com.

Here are his 6 recommendations:

1. Professional Services Consultant. Consulting has long been a popular second-act career for retirees. But Kristof says a fragile economy and new technology have made consulting opportunities stronger than ever. “Right now, many companies are reluctant to hire full-time employees,” Kristof says. “So they trust the consultants more.”

“Many companies are reluctant to hire full-time employees, so they rely more on consultants.”

To find consulting opportunities, you can do it on your own, or you can search on one of the many online consulting platforms, such as Maven or Zintro. Assignments range from unique hourly inquiries to month-long commitments.

Pay varies widely, depending on your experience and industry, but most professionals charge at least $50 an hour, with some earning more than $500 an hour. Notably, many high-paying positions no longer require a college degree.

According to data compiled by SideHusl.com, the best elective jobs for college are in technology, logistics, construction, marketing, landscaping, and design, but other industries are open to non-college graduates as well. “Your reviews and experience will matter much more than your education,” says Kristof.

two. Tutor or Instructional Designer. Demand for tutors skyrocketed during the pandemic and hasn't cooled since. “The difference is that there is now a demand for both virtual and face-to-face tutors,” says Kristof. Tutors are needed for both children and adults, in everything from reading to coding; Spanish preparation for the SAT.

You don't need teaching credentials to get a job (although it helps), as long as you're well versed in the subject. To find clients, you can tap into your network for leads, affiliate with a local tutoring service, or sign up for one of the many online tutoring platforms.

Starting fees for online tutors are in the $15-$20 an hour range, but as Kristof details in this blog post, 3 Best Tutoring Sites, it's possible to earn considerably more: SAT tutors in wealthy suburbs can earn $200 per hour or more.

In addition to tutoring, Frana says that FlexJobs is in demand for instructional designers, people who develop training materials, programs and curricula for organizations and companies. Successful instructional designers typically have some adult learning experience combined with strong technical skills and familiarity with e-learning platforms.

3. Editor, editor and content writer. The growth of blogs and corporate websites has created a growing market for freelancers with strong writing and editing skills. As an example, Penguin Freelancers, which is operated by one of the largest publishing houses in the world, has listings for freelance style editors and proofreaders at over $30 per hour.

FlexJobs currently has hundreds of postings for a variety of flexible writing jobs, including technical writers, content developers, and grant writers. If you want to learn more about writing jobs online, check out this SideHusl.com post, Where to Find Writing or Editing Jobs.

4. Online art seller. Traditionally, most artists and artisans have relied on local fairs and galleries to sell their work. But, increasingly, they are leveraging technology to boost their sales and expand their reach.

“The number of online platforms where you can make money selling your art and crafts has exploded.”

“The number of online platforms where you can make money selling your art and crafts has exploded,” says Kristof. A few examples: At Society6 or RedBubble, you can have your artwork printed on items like notebooks, mugs, and t-shirts.

They process orders and you earn a commission or royalty for each item sold. If you're a good artist, you can sign up for Turning Art, a site that works with corporate clients who want to buy or rent artwork for their office buildings.

Or if you're more into craft items, you can set up a shop on a site like Etsy. Whichever platform you use, be sure to carefully review their terms and conditions so you're clear on how you'll be paid, and how much the site needs to handle your listing, transactions, and payment processing.

5. Mock jury. If you are a devotee of legal dramas, you might enjoy a brief stint as a mock jury. Lawyers pay mock jurors to review summaries of their cases so they can get a better idea of ​​potential pitfalls in their legal arguments. You won't make much (one firm, Verdict Online, pays moot jurors $20 to $60 per hour and another, Jury Test, pays $5 to $50 per trial), but it could be an intriguing way to make a few bucks.

6. Clinical trial participant. Kristof suggested a side job that carries risks and rewards: clinical trials of drugs and cosmetics. He can look at scheduled tests at sites like Labcorp Drug Development (formerly Covance) or Princeton Consumer Research, and if he finds something that fits your health, risk tolerance or age, he can decide whether to sign up.

“They're always looking for people who have existing conditions, like eczema or diabetes,” Kristof says, “but there are lots of other studies as well.” Compensation varies wildly: Short-term, low-risk studios average $25 to $100 an hour, while studios that involve invasive procedures and overnight stays can pay thousands of dollars.

Clearly, this option is not for everyone, but if you want to learn more, read Clinical Trials: Highly Paid but Risky.

nancy collamer, MS, is a semi-retirement coach, speaker, and author of Careers Act Two: 50+ Ways to Benefit from Your Passions in Semi-Retirement. He can now download his free workbook called 25 Ways to Help You Identify His Ideal Second Act on his website at MyLifestyleCareer.com (and you'll also receive his free bi-monthly newsletter). read more



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6 Good Side Gigs for Retirees in 2023

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