Skip to Content

20 High-Paying Jobs for Retirees Seeking Extra Income

20 High-Paying Jobs for Retirees Seeking Extra Income

Sharing is caring!

Retirement doesn’t have to mean a rocking chair and endless daytime TV (boring)! For many, it’s a chance to start a new career chapter filled with purpose and a healthy boost to their bank accounts. We’re about to dive into some surprisingly lucrative fields that are ideal for those with experience and wisdom.

Let’s bust some myths. Retirement jobs aren’t just about bagging groceries or giving tours at the local museum. While those are viable options (if you just want the social parts), there’s an exciting world of flexible, well-compensated work out there. These opportunities leverage the skills you’ve honed over decades, ensuring you make the most of your hard-earned expertise.

Think of this list as inspiration. It’s about discovering new possibilities for this exciting next stage of your life, where you can earn good money AND enjoy a fulfilling sense of contribution.

1. Consultant

A happy smiling couple shaking hand with their advisor
Photo Credit: Depositphotos.com.

If you’ve got specialized expertise in your field, your know-how is incredibly valuable! Consultants offer advice on everything from business strategy to tech implementation and often command impressive hourly rates. Average pay ranges from $75-150/hour and even higher in specific niches.

The beauty of this is flexibility. You can consult on your own terms – setting your hours, choosing projects that ignite your passion, and leveraging skills you spent a lifetime developing!

2. Interim Executive

Confused businessman thinking in his office
Photo Credit: Depositphotos.com.

Companies sometimes need experienced leaders to step in temporarily. Maybe there’s a sudden CEO departure or a need for specialized expertise during a merger. Interim executives handle high-level responsibilities and are paid accordingly (often $1000 or more daily!).

This fast-paced niche might be your calling if you’ve managed teams, have strong problem-solving skills, and thrive under pressure! Networking is key, as these positions often aren’t traditionally advertised.

3. Online Course Instructor

Senior Asian Indian musician performing while taking online music class
Photo Credit: Depositphotos.com.

Share your knowledge with the world! If you’re an expert on anything from gardening to software programming, creating an online course can turn your passion into passive income. Popular platforms like Udemy or Teachable make it easy.

While the initial setup takes work, successful courses can generate revenue long after the upfront effort. Focus on a topic you’re deeply knowledgeable about – your authentic passion shines through and attracts dedicated students.

4. Real Estate Agent

Senior couple with real estate agent
Photo Credit: Depositphotos.com.

Don’t underestimate the value of local knowledge, especially if you’ve lived in one area for many years. Combine that with strong people skills, and you’ve got the makings of a successful realtor. Compensation is commission-based, so earnings potential can be significant (average is roughly $45-50k annually; top earners make much more!).

There’s also flexibility here. Many agents work part-time and set their own schedules, perfect for retirees who want work-life balance with the potential for high income.

5. Bookkeeper

The elderly woman work as a Bookkeeper at the computer
Photo Credit: Depositphotos.com.

If you’re meticulous with numbers and enjoy the puzzle of balancing accounts, bookkeeping could be your sweet spot. Many small businesses outsource these tasks, making it ideal for freelance or remote work. The average pay is around $20 per hour.

This role requires precision, but there’s a certain zen-like satisfaction in making financial ledgers perfectly align. Plus, the demand for skilled bookkeepers is consistently high!

6. Business Mentor/Coach

Senior Business man wear Attire sign on paper
Photo Credit: Depositphotos.com.

Decades in the workplace mean you’ve undoubtedly faced challenges and triumphs. This isn’t just experience – it’s wisdom! As a business coach, you guide entrepreneurs, helping them avoid common pitfalls and reach their goals. Pay varies greatly, but many coaches charge $100+ per hour.

Beyond the financial reward, there’s immense satisfaction in empowering others to succeed. If you enjoy giving advice and seeing the direct positive impact of your knowledge, this path could be incredibly fulfilling.

7. Tax Preparer

old woman doing her taxes calculator money
Photo Credit: Depositphotos.com.

Tax season might be most people’s nightmare, but if deciphering tax code is your jam, it’s also a lucrative opportunity. Tax preparers in the US earn an average of $22 an hour, with independent preparers often charging even more.

This role requires specific training and staying updated on frequently changing regulations. Many retirees find the seasonal nature ideal – busy during tax season, then time for vacations and other interests the rest of the year.

8. Technical Writer

old man computer work Senior working on laptop
Photo Credit: Depositphotos.com.

If you can translate complex concepts into clear, user-friendly instructions, you’ve got a marketable skill! Technical writers create manuals, how-to guides, and even software documentation. The average hourly rate is around $35, with senior writers making significantly more.

Strong communication skills and the ability to grasp technical processes are crucial. Your past experience in various industries translates directly into valuable expertise in this field.

9. Professional Organizer

Full of Clothes Wardrobe
Photo Credit: Depositphotos.com.

Are you one of those people with impeccably arranged closets and a system for everything? Turn that talent into a business! Professional organizers help individuals and businesses declutter, creating functional spaces designed for efficiency. Pay averages $50-60 an hour.

The Marie Kondo craze highlights the widespread desire for organized living. If you have a knack for problem-solving and find joy in streamlined spaces, this could be the perfect blend of your skills with a growing market.

10. Appraiser

Couple signing real-estate contract
Photo Credit: Depositphotos.com.

If you have deep knowledge of antiques, art, collectibles, or even real estate, consider becoming an appraiser. Your role is to assess the market value of items for everything from insurance purposes to estate planning. Pay varies widely based on your specialty but can be $50-150 per hour.

This requires rigorous training to become certified, so do your research thoroughly. For passionate collectors or specialists in niche areas, appraising is a stimulating way to channel your expertise into a financially rewarding role.

11. Voiceover Artist

Elder radio host in headphones and glasses speaking at microphone as a Voiceover Artist
Photo Credit: Depositphotos.com.

Have a distinctive voice and solid reading skills? The world of voiceover work is booming! From explainer videos to audiobooks and advertisements, there is a constant demand for engaging voices. Earnings range from roughly $50 for small projects to thousands for longer ones.

This is fantastic for setting your own hours and often recording from a home studio. If you’ve ever been told you have a “great voice for radio,” exploring this further could be surprisingly lucrative.

12. Event Planner

Event Planners, Banquet manager and restaurant owner discussing upcoming event
Photo Credit: Depositphotos.com.

Highly organized with an eye for detail? Event planning is a great way to use those skills. While it can be demanding work, experienced planners often charge $50- 100+ an hour, particularly for elaborate weddings and large corporate events.

This field is perfect for social butterflies who thrive on logistics. If the idea of transforming a raw space into a magical celebration excites you, this could be your calling.

13. Translator

Smiling-asian-translator-working-online-with-headset-and-laptop-in-office
Photo Credit: Depositphotos.com.

Fluency in multiple languages is an increasingly sought-after skill. Translators work on everything from legal documents to creative works and are often paid per word or project.

The flexibility is a major perk – many translators are freelance, working from anywhere. If you’re passionate about languages and appreciate the nuances of translation, this role allows you to turn your linguistic talent into income.

14. Home Inspector

Senior architect, Home Inspector or civil engineer at the construction site
Photo Credit: Depositphotos.com.

This role might not seem glamorous, but it’s vital for real estate transactions! Inspectors need keen eyes, solid construction knowledge, and excellent report-writing abilities. Pay is around $50-65 an hour on average, with the potential for much more depending on experience and location.

If you enjoy working independently, are detail-oriented, and have a knack for spotting problems (or potential ones), this could be a lucrative fit.

15. Pet Sitter/Dog Walker

Happy senior woman holds a small dachshund dog in her arms and shows love to her pet on a bench in the park. Female 90 years old spends time with her best friend pet on street
Photo Credit: Depositphotos.com.

For animal lovers, this combines your passion with income! Demand for pet care is high, making sitters and walkers valuable to busy pet owners. Rates vary but generally hover around $15-20 for a walk and $50-100+ for overnight care.

This role requires reliability and a genuine affection for animals. The bonus? You get exercise and furry snuggles! If the idea of a workday spent with pets fills you with joy, this is a simple yet fulfilling way to make money.

16. Standardized Test Tutor

Young parent, old male teacher and little girl in the classroom
Photo Credit: Depositphotos.com.

Strong math and verbal skills, along with a whole lot of patience, are the hallmarks of a great test prep tutor. If helping high schoolers prep for those nerve-wracking SATs or ACTs sounds up your alley, hourly rates can be impressive, sometimes exceeding $100 an hour.

The schedule is often flexible, and there’s a certain satisfaction in helping students improve their scores. For retired teachers or those who love the challenge of test prep, this can be both mentally stimulating and a nice income boost.

17. Travel Agent

Selfie, hiking and portrait of old man on mountain for outdoor adventure, Retirement, traveling and happy senior male take picture on hike, trekking and summer holi
Photo Credit: Depositphotos.com.

Yes, online booking platforms exist, but skilled travel agents are still in demand! This might be your sweet spot if you’re well-traveled, enjoy trip planning, and are a whiz at finding deals. Pay is often commission-based, with average incomes around $40k and high-earners making much more.

Helping others plan their dream vacations might sound like the perfect retirement gig! Leverage your passion for adventure and logistical know-how into a fulfilling role that often comes with exciting travel perks.

18. Airbnb Host

keys to a house rental property
Photo Credit: Depositphotos.com.

Got a spare room or even a whole vacation property? Renting it out on Airbnb can be surprisingly lucrative. Earnings vary WILDLY based on location, amenities, and season, but pulling in hundreds of dollars a night in popular destinations is not uncommon.

This requires dedication to good hospitality, but for those who enjoy interacting with guests and playing local tour guide, the work blends social interaction with a healthy income stream.

19. Craft Artisan

An Artist making a Traditional painting
Photo Credit: Depositphotos.com.

If you’re skilled at woodworking, knitting, pottery, or any other hand-crafted goods, don’t underestimate the market! Selling your creations online (think Etsy) or at local craft fairs can generate a nice side income, and some crafters turn it into a full-time business.

This option is as much about the creative process as it is about the money. If you have a deep love for your craft and a knack for marketing, transforming your hobby into a source of income is incredibly satisfying.

20. Grant Writer

Unrecognizable woman office worker business female girl user Grant Writer
Photo Credit: Depositphotos.com.

Nonprofit organizations are constantly in need of skilled grant writers. If you enjoy research, have strong persuasive writing skills, and are drawn to mission-driven work, this can be a valuable and well-paid skill. Grant writers typically charge $50-150+ an hour or per project.

Beyond the income, there’s something deeply fulfilling about helping organizations access the funding they need to do important work within their communities.

20 Things Poor People Waste Money on, According to Suze Orman

money guru Suze Orman
Photo Credit: s_bukley on Depositphotos.com.

If you’ve ever watched her show, you know Suze Orman pulls no punches. She’s all about calling out bad money choices, urging people to take control of their financial destinies and ditch those pesky spending habits that derail progress. While her advice can be blunt, she aims to empower folks to build wealth and protect their financial futures.

It’s important to note, Suze Orman gets flak sometimes for being too harsh. She’s not shaming people, but highlighting how certain expenses can sabotage big goals like homeownership or a comfortable retirement.

20 Things Poor People Waste Money on, According to Suze Orman

15 Fun Jobs for Retirees That Want a Little Extra Cash

retired old man happy working in his garden nature
Photo Credit: Depositphotos.com.

Retirement is often equated with newfound freedom and more hours of sleep. However, many retirees’ desire for meaningful engagement and additional income persists. A retiree who wants to continue working will look for a job that offers flexibility and the chance to leverage a lifetime of skills and experiences. That way, they can make extra cash to cover expenses or have some fun.

15 Fun Jobs for Retirees That Want a Little Extra Cash

Warren Buffett’s 14 Best Pieces of Advice for Rich Life

Warren Buffet
Photo Credit: ChinaImages at Depositphotos.com.

Warren Buffett, nicknamed the “Oracle of Omaha,” is one of the most successful investors in history. But he’s more than just a stock picker. Over decades, he’s shared a wealth of insights on not just investing, but business, life, and the qualities that create lasting success. His humble demeanor and emphasis on long-term thinking over get-rich-quick schemes set him apart in the often flashy world of finance.

Warren Buffett’s 14 Best Pieces of Advice for Rich Life

Clicky

Like this post? Why not share it?

Help spread the word. You're awesome for doing it!