5 Recommended Side Jobs for People in Their 50s

Many people in their 50s are still working to build their retirement nest eggs. But let’s be honest, there’s a cap on how much you can earn each month as an employee.

A perfect solution to supplement your regular income is to start a side business. A side job can help you earn extra cash for retirement and investments.

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About 70 million working Americans currently have a side job, according to data collected by the Side Hustle Nation.

But when you’re in your 50s, you don’t just need a side job. Jobs like driving an Uber or shopping and delivering on Instacart aren’t very appealing. Instead, you should aim for a side hustle where you can use your experience and expertise. Here are five recommended side gigs for people in their 50s.

Become a JustAnswer expert

Earn an average of $2,000 to $7,000 as a JustAnswer expert. No matter what your area of ​​expertise is, from appliance repair to finance to wellness, you can apply for this side hustle and use your years of experience to earn cash. Once approved on the platform, simply answer people’s questions from your computer or smartphone whenever it’s convenient for you.

Take our survey: Do you have a second job or backup plan in case you get laid off?

Teaching a class with Outschool

With more and more people homeschooling their children these days, there is a demand for quality online classes. The best part is that you don’t need to have formal teaching credentials to create and deliver classes on Outschool. Instead, you can offer your students learning based on your expertise and charge what you think is fair. Outschool charges a 30% service fee from all paid enrollments, but there is no cost to sign up and start teaching. Another advantage is that classes can be scheduled in the afternoon or evening when normal work is off.

Become a notary signing agent

As a notary signing agent, we assist in the closing of loans in the mortgage finance industry.

We meet with the client at their home or other location to sign the required paperwork. A single booking earns him between $75 and $200. The first step is to become a notary public in your state of residence. But first make sure your state allows notary signing agents to facilitate mortgage closings. We may not allow it.

Next, you must take a signature agent course and pass an exam and background screening. Visit the National Notary Public Association online to see exactly what it takes to become a notary signing agent in your state.

Create and host Airbnb Experiences

If you want to share your skills, hobbies, or expertise in person rather than online, consider creating and hosting an Airbnb Experience in your city or online. These include Drunk History Tours in San Antonio, State and Kayaking with Gray Whales in San Diego.

You don’t have to host overnight guests in your home or anywhere else to host an Airbnb Experience. Those are two separate side gigs. See Airbnb for experience standards and requirements. Earnings can fluctuate, but Airbnb charges a 20% service fee for each experience booked.

resell items for profit

There are several ways to resell items as a side business, which can help you earn $500 to $1,000 in extra cash per month. To find items to resell, visit your local retailer or thrift store clearance aisle to find items you can resell for a profit.

You can also check Facebook Marketplace, Craigslist, and local buying and selling groups for items that people are selling below their value (or giving away for free) to resell. Or, if you want to refinish your furniture, you can find good used furniture cheaply locally and refinish it for a profit. can.

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