Newly Retired? Think About a Side Gig

Author

Frasier

For more information about the author, click to view their website: Frasier

Posted on

Sep 13, 2024

Book/Edition

Colorado - Boulder County

Congratulations on your retirement! Now what? You may find yourself wanting to still work in some capacity. Think about starting a side gig to keep yourself engaged and active. There are numerous opportunities available for retirees who want to continue working part-time.

What side gig is right for you?

Not all side gigs are worth it. It’s important you find something that fits into your existing schedule and also plays nicely to your strengths. Furthermore, you want something that generates enough money. Do you have any transferable skills that would apply to any other field? You can take career and personality tests to learn more about what you might be good at.

Convenient side gig ideas for seniors

Caregiving can be a tiring, physically-taxing job. That means you want a side gig that is, preferably, less demanding. Perhaps something that uses mental energy might be more suitable. Entrepreneur offers a bunch of convenient options: Managing social media for small businesses, tutoring over Skype, becoming a personal chef, and starting a food business. 

Finding and applying to side gigs

You can find side gigs through all the ways you’d find a normal job. Some examples are scouring job boards or sites, attending job fairs, and checking social media posts. Approaching businesses in your area for a job can work, as can networking with the people you know.

Starting your own business is an alternative that may be worth exploring. It could give you a great deal of work and time flexibility. Some types of businesses don’t require much in the way of initial investment either. If you’re interested in a business, work on your business idea, do market research, and come up with a business plan.

Starting an e-commerce business

An e-commerce business is a wonderful example of a flexible business you can do in your spare time. You don’t need to “man the stations” constantly, and you could do it from home. If you utilize an e-commerce platform, it will handle much of the grunt work for you. You can create intuitive, engaging, and personalized shopping experiences across all channels. Look for a platform that has features such as rich content tools, inventory management, powerful analytics, data insights, flexible customization capabilities, and secure payment processing. This is an option to help with searching out something suitable.

Legal considerations when you start your own business

When you start your own business, you need to take care of some legal aspects:

  • Essentials: Some things you may need to consider are acquiring a DBA name, registering with the town or city, acquiring permits or licenses, opening a bank account, and getting insured.
  • Business entity: You may want to register your entity as an LLC or similar legal structure. Doing so can offer some benefits like easier paperwork and more flexibility.
  • Taxes: You will need a unique Employer Identification Number (EIN). Also, you will need to keep tax records. You can work with an accountant or use software to make this easier.
  • Contracts: You may need a slew of contracts. Some examples are founder’s agreements, employer-employee contracts, and contracts for your clients to sign.

Focus on marketing

If there’s one business function you need to prioritize, it’s marketing. Marketing is essential to making yourself known to potential customers and clients. Some marketing must-haves are a business website, business cards, and entries in business listings. Starting a marketing campaign can help you find more customers too. Hurree covers marketing strategies that are worth exploring such as email marketing, social media marketing, and co-branding.

Conclusion

Getting a side gig could be your ticket to more financial abundance and general life satisfaction. Finding something appropriate could take some time (as could building up your own business), so it’s a good idea to get started today. For the best results, believe in yourself and keep at it!

Article by: Hazel Bridges, Aging Wellness

Other Articles You May Like

About Dignity Care

Dignity Care is a homegrown business in Boulder.In the 1990s, Mary Kirk, a registered dietitian, began caregiving for family and relatives. Her husband, Ged, offered a companion travel service for the elderly and disabled. Together they established Dignity Care, LLC in 1997 as a home care business with just two caregivers and a home office.As demand for home care service increased, Mary recruited additional caregivers, but always with an emphasis on the compassionate, respectful, personalized care that was Dignity Cares trademark. Mary created her own approach to senior home care, unique in this area.With this dedication and passion to provide the best caregivers in the Boulder County region, Dignity Care has continued to grow and in 2009 became licensed as a Class A home care provider.  We specialize in using Certified Nursing Assistants on our teams so we can bring you the skill and experience you deserve, if you have any questions, please call us at 303-444-4040.

In Home Care Helps Seniors with Depression

Too many seniors grapple with isolation and depression, but these are not a normal part of growing older. They are treatable medical illnesses, much like heart disease or diabetes. Depression is a serious illness affecting approximately 15 out of every 100 adults over age 65 in the United States.Seniors experiencing feelings of depression and isolation have a higher risk of hospital admissions, as well as a higher risk for being scammed. Not to mention it makes for a miserable life.So, what can you do? Helping seniors stay healthy means more than ensuring they get good physical care. Individuals living alone miss out on the stimulation of interactions with others on a regular basis. Our caregivers serve that dual purpose of providing physical care and social connection. We enjoy our clients, building a relationship with them, and sharing the highs and lows of their days. Caregivers can laugh with their clients and be an empathetic ear. We make sure our clients are getting out of the house and attending events and activities that interest them.Hiring a caregiver to help out, even for a couple of hours each week, brings conversation and spark along with the physical help. Caregivers are a good antidote for depression. If you have any questions, please call us at 303-444-4040.

Why Is Staying Hydrated So Difficult for Seniors?

Hot summer days are a good time for everyone to think about staying hydrated. For older adults the topic of hydration is a year-round discussion that never goes away. Its a serious issue for most seniors but doesnt get resolved because it needs to be addressed every day and cant be solved with a pill.Seniors have a very high risk for dehydration, which is one of the most frequent causes of hospitalization after the age of 65. They have a greater risk of dehydration for many reasons, including the fact that as we age, our kidneys become less efficient at conserving fluids, our sense of thirst weakens, and we are less able to adjust to changes in temperature. Some medications like diuretics, sedatives, and laxatives can also cause increased fluid loss.Dehydration can cause temporary symptoms that mimic symptoms of Alzheimers. If dementia-like symptoms seem to appear suddenly, it could be dehydration which is easily curable.Symptoms of dehydration range from minor to severe and include persistent fatigue, muscle weakness, headaches, dizziness, nausea, forgetfulness, confusion, lethargy, increased heart rate, sunken eyes, dry mouth, dark colored urine.  Urine should be clear to pale yellow. I tell my clients that if their urine is darker than pale yellow, they should head straight to the kitchen from the bathroom and drink a full glass of water.  Keeping a glass of water beside you all day to sip on rarely results in someone drinking enough fluids.  Its more effective to drink the entire glass, even if its a small glass.  Seniors cant rely on their sense of thirst to tell them when to drink water.  Scheduling a glass at each meal and/or after a bathroom visit, making sure to drink the full glass, is the best way to make sure youve gotten your full daily amount.If you have any questions, please call us at 303-444-4040. 

Local Services By This Author

Frasier

Independent Living 350 Ponca Place, Boulder, Colorado, 80303

Frasier is an independent not-for-profit, mission-driven senior living community. We offer a wide range of comfortable apartments with different floor plans, many with panoramic views of the Flatirons in our independent living buildings, The Peaks, and The Prairies. Frasier is a Life Plan Community offering the full continuum of care.