If you are an expert about something and you love to train or teach others tutoring can be a great method of making passive income. It can be invested in as soon you as you retire at the age of 58 years.
Believe it or not there are sites such as ejury and onlineverdict set up to allow prosecutors to pre try cases before they take them to court.
Income opportunities for seniors. Ejury offers 5 to 10 per case and onlineverdict 20 to 60. You can teach others online and charge some fees for tutoring. Now you re not going to rake in a ton of bucks doing this but you can make a little bit of extra cash.
However it has its limitations as it cannot be availed for more than five years. Another unusual income opportunity but this time you don t need to have a medical condition to qualify. We aren t talking cutting out snowflakes or making clay ashtrays.
Running your own small business can help keep you motivated happy and healthy for years to come as well as supplement your retirement income. The elderly should be viewed as contributors to the process of development and their ability to affect social betterment must be taken into account during policy and programme formulation at all levels. Plus it s a fun way to pass some time.
Earlier this year we listed the top 10 types of online jobs for seniors but here are some more specific opportunities you can take advantage of right now. The senior citizen savings scheme enables you to invest a sum from rs 500 to rs 15 lakh depending on your savings. What is particularly attractive about these opportunities for retirees is that all of them are inexpensive to start and can be operated as part time home based businesses.
Offer paid classes at senior centers. Participants meet a couple of times a week for several weeks. Fees are typically nominal under 50 per person.
To find other online tutoring opportunities google online tutor you can even search by your area of expertise like online math tutor etc. 5 government schemes for senior citizens that can help create a steady income. Teach at a senior center.
Passive income opportunities for senior citizens. Do you have a special talent in the arts music visual art performance art or writing. You ll need high speed home internet though.