10 Best Money Making Business Ideas for Retirees

By siliconindia | Tuesday, 08 April 2014, 12:55 Hrs

Paying Guests: After retirement you are generally left alone with a common trend of children being mostly living out. In such situations starting a paying guest service is the best suited business startup. It will not only give a chance of generating income from home, but if chosen carefully the guests can be of great company. This will help you let you utilize your extra space of your home for good and help socialize and maintain a healthy routine. As for the startup price is required, you just have to arrange a room, fitted with a cupboard, bed and basic items. It will not cost you much, but for sure is a high grosser once it's set.

Freelance writing: You had a flare for writing but you never got time to pen down your thoughts? Well now after retirement you have ample of time to rejuvenate it. Start writing again and don't let –your thoughts go unnoticed. Send in your write-ups on various sites available online who need them for their website’s growth. You can also send in to newspapers and magazines, and they will have no objection in accepting them as you are experienced, and they in fact need such articles to fetch traffic and readers. Through this mode you can also earn as your articles and write-ups are paid accordingly. As a startup cost you just need to have an internet connection.