How to Earn After Retirement

Create a post-retirement budget, if you have not already done so. Knowing exactly how much you are spending in retirement allows you to set an earnings goal and determine how much extra money you need to bring in.
Add up all your sources of post-retirement earnings, including earnings from certificates of deposit, money market funds, stock dividends and other sources of income. Also include the monthly amount of any pensions or Social Security payments you receive. Add up your monthly income from all these sources and compare those earnings to the amount you need to live comfortably in retirement.
Seek out employment opportunities in your former field if you still have contacts at your former employer, or similar firms. You might be able to find consulting work, or part time contract positions, to help you make up any shortfall in your monthly income.
Check for temporary employment opportunities in your area. Temporary employment can be a good way for retirees to get a foot in the door at local companies, or to try out several different types of work. Many temp agencies provide temporary to permanent positions, as well as traditional temporary assignments, and some agencies even specialize in helping older workers re-enter the workforce.
Seek out ways to turn your favorite hobby into a small business. If your retirement has given you a chance to improve your golf game, perhaps you could give lessons at the local country club. If you are an accomplished photographer, you might be able to teach a photography course at the local community college. Turning what you love to do anyway into a side business is a great way to earn money in retirement and have a wonderful time doing it.
Consider selling items on eBay as a way to clean out your closet and make some extra money. Not only will you clear up some storage space, but you will also get an idea which products sell the best. Armed with that information, you can use your ample free time to scour yard sales, flea markets and rummage sales for great finds. Joining the ranks of eBay entrepreneurs can also keep you active and engaged.
Sign up for a number of freelance websites and look for projects that fit your background and interests. You spent your career gathering knowledge, and others are willing to pay you for what you know. Freelance sites can be a great way to increase your earning power and use the skills you have acquired.
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