10 Best Money Making Business Ideas for Retirees


Consulting: Experience matters the most in this fast-paced world; And as it goes by the fact that as you grow older you grow wiser, mature and patient on taking important decision. Young people have turned towards older people, especially the experienced ones to garner solutions to their problems and take advices before venturing into anything. From whatever profession you come from, consultation does not require any specific knowledge but your diverse skills and expertise advices will kick start the consultation business idea. Retirees can start their own consulting firm and give valuable advices and consultation on their expertise areas. Best part, no startup cost required.

Tutoring: Tutoring is the most comfortable way to be at home and still earn a few bucks. It can help you be in touch with your education, even improving it, and can be fun. Giving tuitions to teenagers and kids is the apt way to give away your wealth of knowledge and utilize the spare time that you have in your hands. The tuitions may not be always a hard-core activity, but with kids and teenagers it can be fun. You can choose varied subjects from mathematics, English, Science, Economics, Communication, or anything you are well versed of. Not only subjects but creativity skills can be included in the tuitions like music, art, dance and sewing.

Read More: World's Top 8 Thriving Economies in 2014

Flipkart, Myntra are Close to an acquisition or a Partnership?