10 ways to make money for retirees in the US

Do you want to earn extra pensions? Or do you just want to do something now when you have more time and earn some extra money?

Photo: Depositphoto

In any case, the good news is that you have many options when you don’t have to wake up every morning and rush headlong to work. You also do not need fantastic skills, software or even super-fast WiFi connection.

However, a caution first: if you already receive social security, the amount you earn on these extra jobs can potentially affect how much tax you will pay. If your individual comprehensive income ranges from 25 000 to 34 000 US dollars, you may have to pay income tax up to 50% of your benefits, whereas if your income exceeds 34 000 US dollars, then up to 85% of your benefits may be taxed by tax. (These income thresholds are higher for married people filing documents together).

Here is a wide range of options that you can enjoy without rising from your own sofa!

1. Letting you rent free rooms

If you still live in the house where you raised your children and now you have a free room or two, rent these rooms for additional income.

Sites like airbnb и Homeway will do all the hard work for you by associating with interested tenants. Moreover, you control everything yourself. You decide what price to charge, what dates your room will be available and what rules tenants should follow.

2. Freelance worker

Freelance Trading platforms, such as Fiverr, allow you to sell your services. Not surprisingly, standard freelancing services such as graphic design, writing, translating and editing video are in high demand.

However, if you want to sell more “fun” services, you will also find where. Looking through the offers on Fiverr, the author of the article found several creative services that succeeded:

• I'll record a sporty voiceover, like the guy from ESPN, for the 20-44 dollar.
• I will send an xl glitter bomb to your enemies for 5-20 dollars.
• I will sing a happy birthday song in my unique style for 5-183 dollar.

3. Nurse for animals

What could be better than cute furry animals? Money for their care.

Sites like Rover и Petsitter allow easy to talk with potential customers. You can look after pets, look after dogs and even stay at home, earning up to 1000 dollars a month.

4. Act as juror

You can receive payments ranging from 10 to 60 dollars per hour to help lawyers prepare for court cases by acting as a juror in court proceedings online at sites such as OnlineVerdict .

5. Create and sell on Etsy

Do you know how to knit, make jewelry, bake or are you into other crafts? If it is true, Etsy can be your chance to turn your hobby into income. This is a market similar to eBay, except that it focuses on vintage and handmade goods. At Etsy, your products will see more than 34 million customers who spend more than 2,8 billions of dollars a year on the platform.

6. Participate in paid surveys

CrashCrate connects companies that are looking for feedback on their products and services with people who want to provide these reviews for money. You can also earn money on CrashCrate by conducting surveys, referring to others, playing games and watching videos.

7. Become a coach

Share your well-deserved career advice and interview tips with those who have just started their journey. If you do not want to start and build your own career guidance business, platforms such as Muse, help you find potential customers.

8. Become a remote assistant

Another way to put your experience to use is to become a virtual assistant. On estimated Intuit , by 2020, almost half the workforce will be self-employed. As a result, the demand for virtual assistants will also increase.

Virtual assistant services cover a wide range of areas, from social media to administrative support, customer support, and more. You can get started by joining full-time VA employees such as VirtualAssistants.com и PriorityVa .

9. Join the virtual call center

If you like chatting with people, you can join a virtual call center, for example LiveOps . Not only can you call from the comfort of your own home, but you can also set your own work schedule to do what you want.

10. Teach Russian

If none of the above freelance ideas fit you or you are not sure that you have market skills, do not despair.

You have at least one skill that is guaranteed to help you earn extra money. This is your ability to speak Russian. Kukuspeak will allow you to earn extra money in your native language.

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