If you’re working a full-time job, chances are you’ve dreamed of getting to retirement as soon as possible. And if you’re in your 50s, retirement probably isn’t too far away. You’re probably in pretty good shape for retirement if you have a 401(k). But even if you don’t, there are still ways to save for your golden years. Either way, you want to make sure you actually have a happy retirement instead of regretting your plight.
Whether you’re sitting on a large nest egg or still trying to reach your retirement goals, there are plenty of easy jobs you can do in your 50s to earn some extra money for later in life. In fact, almost anyone could take on these tasks, but people in their 50s might have a little more free time to start some new endeavors. From dog walking to housesitting, here are 15 easy ways to make extra money for retirement.
1. Bird business
- The job: Breeding pet birds
- Potential income: $2,000 per month
Breeding parakeets, cockatiels, and other small pet birds is an easy way to earn extra money. A small, temperature-controlled space in your home and a modest investment in nesting spaces, feed, and birds to start the process are all you need to get going. As Extra Income Over 55 notes, the birds can breed year-round, and chicks can be sold as soon as six weeks after hatching, making for steady and relatively easy income.
- The job: Courier, ride-share driver
- Potential income: $155 per month
If you own your own car, earning extra money as a courier or ride-share driver is a great way to line your pockets with some extra cash. The website Extra Income Over 55 notes courier or local delivery drivers charge an average of $36 per hour on a national level. Meanwhile, driving with ride-sharing services, such as Lyft or Uber, can provide extra income, though perhaps less than being a courier might net. A study by Earnest shows the average Lyft driver makes $377 per month, and the average Uber driver pulls in $364. However, the median amounts for both services are significantly lower at $210 and $155, respectively. Still, the ease of starting up with either service makes them a quick and simple source of income.