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Earning Extra Income in Retirement and Having Fun at the Same Time

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Retirees and employees alike often need extra income to just get by, pay off debt, or to save for special occasions or a rainy day.  There are many part time job offers that you must be cautious of such as advertisements that offer unrealistic wages and annual incomes with little work involved.  Real opportunities take commitment and time that you must be willing to contribute to the cause. There are numerous profitable opportunities in both the traditional and non-traditional work venues if you know where to look and with some of the new freelance opportunities you can have a lot of fun along the way.

This is especially good news for experienced federal retirees that often have extensive knowledge and skills in their specialty and are willing to share it with others.  Our Federal Retiree Jobs Board [2] is a good place to start for those interested in traditional work with contractors and companies in the private sector. Private sector companies list their job vacancies on our site to attract federal retirees for their skills or for the dependability and work ethic that federal workers are well known for.  The Jobs Board offers thousands of job listings for most occupations that you might like to explore.

Request a Retirement Benefits Summary & Analysis [3] from a local adviser.  Includes projected annuity payments, income verses expenses, FEGLI, and TSP projections.

Today with the advent of the Internet, digital cameras, and smart phones there are many unique and profitable freelance opportunities that earn extra income. The advantages are that you can often start them while still employed to gain experience and build your reputation.  After retirement you can devote as much time as desired to earn the level of income or activity that you seek.  Many new retirees leave without knowing exactly what they will be doing and become bored and frustrated.  What will you do in retirement [4]? These freelance activities provide an outlet for retirees to continue to be active and productive and earn additional income along the way.   

The new freelance opportunities range from writing for web sites to what they call micro jobs, work offered by hundreds of companies to gather information they need from YOUR community.  These are legitimate jobs involving individual freelance work to field work for companies that need information that is most often collected with your Iphone or smart phone camera.  Some photographs must be of a higher quality and for those projects you will need a DSLR camera. Microsoft uses these services to provide the photos for their Bing searches.

You can divide the freelance work into several categories:

These freelance jobs can help you turn your extra time into cash and it doesn’t take a lot of expensive equipment or prior experience to succeed.  

Freelance Writing Assignments

Many web sites buy articles on varied and diverse subjects and some even pay by page views which can significantly increase your income over time. Federal employees and retirees have a wealth of information to share and these websites offer you the opportunity to capitalize on those many years of experience. Why not share what you know with others and receive payment at the same time! These assignments also provide an outlet for retirees to get out and about in their communities and explore interesting venues for their article research.

Here are several sites that you can explore for writing assignments:

Micro Projects

Over 250,000 nationwide have turned their free time into cash through Gigwalk.  Gigwalk farms out projects to freelancers from thousands of companies. View their introductory video [10] that shows how the service works.  An Iphone is required and you simply download their free app [11] to register and get started.  You will be paid anywhere from $7 to $90 to complete tasks such as verifying specific information, reviewing local restaurants or retail outlets, or take photographs of active projects or locations in your community.  After you register and are approved they will notify you of new projects in your area.

Another option is TaskRabbit where you can perform just about any type of task from shopping to assembling furniture in your community. According to TaskRabbit, college students, recent retirees, stay-at-home moms, young professionals—TaskRabbits are quite literally the people in your neighborhood. They dedicate their time and talents to getting your To-Do list done. Retirees can also find service providers for their to-do-list here. You can benefit both ways with this service. Visit their website at https://www.taskrabbit.com/how-it-works [12] to see if this would work for you.

FREE Career Planning Guide for federal Employees

Take Charge of Your Federal Career [13] is a practical, action-oriented career management workbook that assists employees with the preparation of realistic Individual Development Plans (IDPs). Packed with proven tips and valuable assessment and evaluation tools, this unique workbook provides federal workers with the individualized know-how and guidance they need to identify, obtain, and successfully demonstrate the skills and experience required to qualify for new and better federal jobs. I wrote this book based on my 36 years of federal work experience.  We are offering 30 copies, one case of books, to federal training offices and supervisors for $84, the cost of shipping and handling, to introduce agencies and federal offices to this succinct career planning workbook.  Pass this on to your training departments and supervisors in your unit. The book is 8 ½” x 11” 216 page perfect bound workbook that will help federal employees plan their careers. Order online [13] or call 800-782-7424. Ask for Special Offer IDP-1432. 

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The information provided may not cover all aspect of unique or special circumstances, federal regulations, and financial information is subject to change. To ensure the accuracy of this information, contact your benefits coordinator and ask them to review your official personnel file and circumstances concerning this issue. Retirees can contact the OPM retirement center. Our article is not intended nor should it be considered investment advice and our articles and replies are time sensitive. Over time, various dynamic economic factors relied upon as a basis for this article may change. The advice and strategies contained herein may not be suitable for your situation and this service is not affiliated with OPM or any federal entity. You should consult with a financial or human resource professional where appropriate. Neither the publisher or author shall be liable for any loss or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

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