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Make money in retirement?

  1. #1
    Join Date
    Jun 2017
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    Wisc USA
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    Make money in retirement?

    How are you making money after retirement from your full time job?
    I did mystery shopping for a couple of months, but it took a lot of time and didn't make that much money.
    I thought about driving for Uber, but my car is to old.


    I've thought of getting a part time job, but would prefer something more flexible.
    Sharing what you tried and why you quit would be informative too.
    Years may wrinkle the skin, but to give up enthusiasm wrinkles the soul - Samuel Ullman

  2. #2
    Join Date
    Feb 2016
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    Houston, Tx.
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    I do accounting at home for a friend. I have been doing his books for 30 years and through the years he has branched out from being an a/c contractor to remodeling houses, reselling and financing them. He is going to sell his business so I will look for something part time to mainly get me out of the house. Interested in what other people are doing if anything in retirement.

  3. #3
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    Aug 2016
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    Near Mount Pilot
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    I buy and sell a few collectibles, it doesn't make much money but it provides a little cash flow to indulge my collecting and it helps me meet a few like minded people.

    Over the years I've found it is easier, for me, to control my expenses than it is to generate additional income.

  4. #4
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    Jun 2014
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    Central California
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    I retired in 1990 and have made money periodically by buying and selling stock.

  5. #5
    Join Date
    Oct 2014
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    Floriduh: Where the Old People Come to Sweat and North Carolina when I can't stand any more sweating
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    I had a good idea about that, but it seems that making money on your copier at home gets the Treasury Department, the FBI and several other spoil-sports in a bad mood. Now I'm making license plates at the state pen.
    If we're ever in a situation where I am "the voice of reason", then we are in a very, very bad situation.

  6. #6
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    Feb 2016
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    Houston, Tx.
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    Yeah, wouldn't mind a little attention but not that kind either. I am pretty good about watching expenses but would like to do a little something. Any good stock tips, Lon?

  7. #7
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    Mississippi
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    Quote Originally Posted by terry123 View Post
    Yeah, wouldn't mind a little attention but not that kind either. I am pretty good about watching expenses but would like to do a little something. Any good stock tips, Lon?
    Not Lon.....but I recommend Worldcom.

  8. #8
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    Aug 2016
    Location
    Nrw Jersey
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    501
    The only money I made in retirement was when I did marketing research studies for a large global company. My sister and brother got me into it. Turns out they called on us and those whom I called my "study buddies" fairly often until about 3 years ago, then it stopped. It was a good gig because we went if we could and declined when we couldn't. The studies ranged from take home samples to spending 5 days at the facility and we got called every few months. Often there was a lot of downtime which we used to socialize, play games, catch up on our reading or whatever. We got free lunch vouchers for the cafeteria and deeply discounted products. We did the studies for about 5 years and the most I ever made was $4,000 in a year.

  9. #9
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    Aug 2017
    Location
    Ohio, USA
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    14
    Part-time jobs can be very flexible. I'm a cashier at a grocery store and I love it!

  10. #10
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    Apr 2017
    Location
    AZ, USA
    Posts
    15
    After I retired I taught myself jewelry making and opened an online store at Etsy.com, did it for about four years 2008-2012. Loved making jewelry but was clueless about marketing and advertising etc, found it too much work and made too little money to be considered ''fun''. Now I just dabble in the stock market with the little available cash flow I have and love it. One of my goals in life was to retire and have no freedom constraints and an outside job is a constraint.

  11. #11
    Join Date
    Jan 2013
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    3,015
    I invest what I have in the stock market. I don't buy and sell though, Just invest in quality stocks that pay good dividends.
    I came into this world with nothing and I still have most of it.
    Larry

  12. #12
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    Quote Originally Posted by rkunsaw View Post
    I invest what I have in the stock market. I don't buy and sell though, Just invest in quality stocks that pay good dividends.
    What kind of returns / gains are you getting with that strategy?
    Years may wrinkle the skin, but to give up enthusiasm wrinkles the soul - Samuel Ullman

  13. #13
    Join Date
    Jan 2013
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    3,015
    Quote Originally Posted by HipGnosis View Post
    What kind of returns / gains are you getting with that strategy?
    It varies of course but my favorite is FORD which for years has paid dividends which average over 5%. The value of the stock only matters when you are buying or selling.....buy low, sell high.
    I came into this world with nothing and I still have most of it.
    Larry

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