5 Retirement Income Opportunities We Learnt From COVID-19

5 Retirement Income Opportunities We Learnt From COVID-19

As a retiree, I know how hard it is to generate an income. However, with COVID-19 this has become even more difficult. This is why I started doing my research on how I can get new income opportunities even during such a time. While it was no small feat, I managed to come up with some amazing income opportunities for retirees.

Everything is unstable right now and we need an income we can depend on so we can sustain ourselves. Here are some income opportunities that will help you get back on your feet.

1. Share Your Knowledge Online

Platforms such as Skillshare and Udemy are a great way to generate an income. Because of the COVID-19, many people are utilizing online tools to learn new things and if you have a certain skill then you can teach there too.

Research has shown that 90% of people are now eager to learn online. So, if you know how to knit, paint, draw, run a business, or any other useful knowledge then share it with other people and generate an income from the comfort of your home.

2. Online Health And Fitness Classes

2.Online health and fitness classes

This is one of the income opportunities that have the potential to create a steady income right now. With everyone being in quarantine, many people are looking for ways to stay fit at home.

If you know how to do yoga, fitness exercises, pilates, or anything related to health and fitness then you can start online Zoom sessions. Many people are using this platform to give online sessions during this time, and you can too! You can even become a fitness or yoga instructor in the 4Retirees community and earn extra income.

3. Become A Virtual Assistant

If you have worked at a company before retirement then you have an amazing skill set many businesses can utilize during this time. You can find virtual assistant gigs on platforms such as Upwork and Fiverr.

From the comfort of your home, you can virtually assist a company and do tasks such as setting schedules, planning meetings, and doing some basic data entry. If you need additional training to refresh your skills, have a look into this admin course.

4. Freelance Writer

If you love writing and are passionate about it then this is a great time to explore this passion. You can join many platforms for this and write for different businesses.

You can do copywriting, articles, blog posts, and even write an e-book! The income opportunities are endless here and you can opt for something you know you are and can be good at. 4Retirees community is also looking for a paid and volunteer writers, to find out more click here.

5. Start A Local Community Small Tasking Business

Start a local community small tasking business

This is a time where people need support and help. You can start a business of running errands or giving people lifts for their grocery or hospital runs. You can simply start this by sharing this on your neighborhood website and platform so people can start utilizing your services.

It is a time where many people are putting their trust in local businesses and services so take this as one of the income opportunities that might even continue once this pandemic ends. Simply start with the FB page about your services and then start promoting in various local websites and shops. If you need support on starting a business in retirement we recommend joining our discussion groups as there are many likeminded people already making this happen so they can advise and support you.

Final Words

There are many income opportunities for us retirees if you know where to look. You can easily start one of these gigs to make some steady money and get through this time. I have been sharing my knowledge online and I have to say that the return is more than satisfactory! If you need more ideas on what kind of business you can do, how you can earn extra cash to supplement your pension I also recommend taking part in the JOBS MATCH program run by 4retirees – check this out!

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