Retirement is a phase of life where there’s time to seek and try different passions. Depending on the interests, trying new activities can mean spending a lot of money which can be a problem financially in old age. The key is to find hobbies that are at least revenue-neutral, meaning being able to gain money while filling time. Here are some profitable hobbies for retirees to consider taking up.
Woodworking is a hands-on activity that involves making items from wood and the products can be turned into profits. These art pieces can be sold locally at craft shows, art shows, or online such as Facebook Marketplace and Craigslist. Etsy is another site that specifically markets handmade art or goods globally. Nonetheless, the potential profits would depend on how much is initially spent on the supplies and the selling price of the finished piece. It is essential to first conduct a market survey for prices of similar items before offering a selling price.
Additionally, you or your loved one can offer woodworking classes to fellow hobbyists to make extra bucks. Tech-savvy retirees can even create instructional videos for learning courses on sites like Udemy.
Likewise with woodworking, doing pottery can provide an outlet for creativity yet the finished potteries can also be sold for profits. The amount made would depend greatly on the skill level and it’s a great excuse to keep making your signature coffee mugs as practice makes perfect!
Stereotypically, many retirees choose to work at golf courses to earn extra money while engaging in their favorite hobby. That rings true, and really, why not? You or your loved one can find employment in a pro shop or assist at the driving range and can get to benefit from free rounds of golf. According to Golf Digest in 2017, a golf course ranger can make $25,000 yearly while still having the privilege of playing golf at the course.
Fishing can be costly but there are ways to equal the expense and even make extra cash. You or your loved one can work as a fishing guide or sell self-made fishing lures to make a profit from the hobby. The amount earned would vary from needing to provide your own supplies or working for a guide company that outfits its customers. Experienced guides in specialties like fly fishing may earn more than $125 each day just based on gratuities.
Your love for animals can also be incentivized into a profitable hobby, especially for retirees who may not like the busy lifestyle of a working professional. You or your loved one can earn extra money as a pet sitter or a dog walker and the amount earned would depend on the duration of service charged.
Pursue New Passions at Rittenhouse Village At Lehigh Valley
If you or your loved one require assistance with daily activities but want to maximize life with new passions and activities, then our personal care program is an ideal solution. We offer personalized care services to each individual, yet give our residents the autonomy to explore and seek new experiences in our community.
Do contact us today to ascertain eligibility for any of our programs.