According to a recent study by the Employee Benefit Research Institute, more than one in four retirees say they spend more than they can afford. Inflation in November was 7.1% for him, so it’s no surprise that savings aren’t as advanced as they used to be. But there are ways to make extra cash without having to work full-time. Part-time gigs like tutoring, pet care, and helping with tax preparation allow retirees to work a few hours at a time, and the extra income can make a big difference. Here are some income opportunities:
According to a survey conducted in October 2022 by the Employee Benefit Research Institute, more than one in four retirees say they are spending more than they can afford. Inflation in November was 7.1% for him, so it’s no surprise that savings aren’t as advanced as they used to be. However, there are ways to earn extra income without having a full-time job.
Part-time gigs like tutoring, pet care, and helping with tax preparation allow retirees to work a few hours at a time, and extra income can make a big difference.
Here are some ideas to consider:
pet sitter and dog walker
If you have a fenced yard and the ability to care for someone else’s furry family member, offering pet services can be advantageous and flexible. According to data analyzed by e-learning platform Preply, dog walking is the highest paying side job with an average hourly wage.
“It goes without saying that staying with a dog has many health benefits,” says consumer finance expert Andrea Wallock. “So a pet sitter is a great way to do just that without the high cost of owning your own dog.”
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