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9 Top Ways to Boost Retirement Income in 2019

December 19, 2018 by Frugal Prof

9 Top Ways to Boost Retirement Income in 2019

 

How Does Debt Consolidation Work

Financial Freedom

1. Check Out the Senior Job Bank

Just because you’re over 60 doesn’t mean you 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.

 

 

2. Get Paid For Consumer Research and Surveys:

Taking surveys in your spare time can be a great way to earn some extra dough fast. Check out Survey Junkie which will pay you instantly with cash via Paypal.

They have over 6,000,000 members and they have an 8.9/10 rating on Trust Pilot. More on Survey Junkie here

Vindale Research: ($2 Registration Bonus)Vindale Research is by far one of the best survey sites due to the fact that surveys can pay as much as $75 per survey.

However,  people usually earn closer to $10 – $12 per hour.

More about Vindale Research here.

 

Cash surveys

3. Become a Certified Closing Agent.

You Earn Extra Income,  Set your Own Hours, and the Income is Fantastic! ($75-$200 per appointment).

•You can make $75 to $200 in a single signing, and a signing takes about an hour.

Total work time including preparing and driving to the signing is about an hour and a half to two hours when you’re starting out. And a lot less as you become more experienced.

Part time loan signing agents generally do one to three signings per week, – about $300 to $500 dollars extra a week. while full time agents can do 3-8 signings in a day which is about $400 to over $1,000  dollars in a day.

  • You can start part-time and work around your existing work schedule since most signings occur on evenings and weekends.

• You can get started with absolutely zero experience.

• Next, you can work from home and be your own boss.

• You have the ability to make money almost immediately.

It pays nearly 9X more than driving for Uber.  However, it requires you to take a class and invest time and money.  If you can do that, then you can start making up to $200 per signing. 

Learn More about the Loan Signing System here.

 

4. 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 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.

 

5. Ebay:  This might be the fastest way for most people to generate quick cash.

I wrote a post detailing how I made $493 in a few weeks and made money on Ebay.

Details and tips here.

 




 

6. 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.

7. Home-based jobs

Dream of working within arm’s reach of your couch and coffee maker? AARP advises simply contacting the place you want to work and asking if it hires remote employees.

Barring that, you can turn to websites such as Upwork.com, which features online positions; Freelancer.com for project-based work; and VirtualVocations.com for telecommuting jobs.

Retirees who speak another language can avail themselves of growing home-based opportunities; graphic designers can find assignments designing websites, logos, business cards and the like; while writers have their pick of a wide range of writing and editing jobs.

Crafty? Make jewelry, paint landscapes or sew a quilt and sell your handcrafted wares via an online marketplace such as Etsy.

 

Relevant Articles:

11 of The Best Side Hustle Ideas for 2019

9 Best Ways to Save $7K This Year

11 Legitimate Survey Sites

Jobs SAHM

 

8. Contract or temporary assignments

Short-term jobs popular with retirees include administrative assistant, attorney, bookkeeper, marketing communications specialist, project manager, receptionist and sales rep, according to AARP.

Accountant, however, is the part-time job most requested by clients of staffing firm FlexProfessionals, according to co-founder Gwenn Rosener, AARP reports.

Accounting or business degrees and a CPA certification are welcome but not always required. Employers range from start-ups and small businesses to churches and local nonprofits.

Value Investing

Getty Images

9. Direct sales

Avon calling! Working for a direct-sales firm such as the iconic cosmetics company or the competing Mary Kay can make you a lot of money.

There are often start-up costs, but on the plus side, you can market your wares from your home office and make sales online or through home or office parties; old-school door-to-door sales (hairbrush or encyclopedia set, anyone?) are largely a thing of the past.

You’ll typically be earning commission instead of a salary.

For more information on direct-sales work and companies operating in the field, AARP advises contacting the Direct Selling Association, consulting Federal Trade Commission website business.ftc.gov and checking with your local chamber of commerce, the Better Business Bureau or your state attorney general’s office regarding any possible past complaints about an employer you’re considering.

 

Relevant Articles:

11 of The Best Side Hustle Ideas for 2019

9 Best Ways to Save $7K This Year

11 Legitimate Survey Sites

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