Home » Career Guidance » What to Do After Retirement in India to Earn Money?
To wake up early in the morning, get ready to go to the workplace and do the assigned work with full dedication. This is how a working professional spends the majority of their life. And once their retirement time comes near, they don’t know what to do without this routine and wonder what to do after retirement in India.
Some choose to spend time and their retirement life with their families, which is great. However, some people choose to work even after retirement. And if you are one of those, this article is exactly for you.
Working after retirement keeps you physically active and on your toes. Not only does it make you financially independent, but also helps you have a sense of purpose in life. You do not have to dedicate a lot of hours to earn money after retirement. Most of the opportunities we have listed are part-time, or with minimum time investment.
Moreover, for a happy retirement, one should have a sound financial plan, so as to not run out of money when it is most required in your old age. Therefore, after the age of 60, or when you get retired, having a source of income becomes extremely important to have a good time.
As we are going to enlist some of the best things to do after retirement, so keep reading the article.
No matter whatever industry you worked in before your retirement, this list consists of some of the great jobs that anyone with the right skills and knowledge can do in their life after retirement:
Typing jobs means working as a typist. Many companies require a typist who can type their document, transcribe audio files into text, and prepare digital and physical paper works. These are also known as data entry jobs, as the primary work of typists is to enter the data.
Various skills that are required to be eligible for typing job. These skills are:
If you have some or all of the listed skills, then you can do this job in life after retirement. You can start working online. There are various job portals on which you can find the vacancy for typing jobs. Examples of some of such platforms are Naukri.com, Frellancer.com, Fiverr, Upwork, Rev etc. You can register on any of the platforms and start working.
The job translator is also one of the best things to do after retirement, you just need to have the right skills. The responsibilities of a translator are to translate the audio, videos, text and verbal files from one language to another. You can work as a translator for a particular firm or give your services to individuals on contract or hourly basis.
As translator, you need to be proficient in several skills, some of them are;
First of all, you need to get certified that you are eligible to work as a translator, and for that you need to pass the examination in that language. After that, you can start by applying to translation firms that work with foreign clients. You can also work as a freelance translator and can do the work of translating, texts, audio files, etc for others.
Wondering what to do after retirement in India, then you can give consultancy services to various businesses and individuals to grow online. The youth of the nation need the right mentors who can guide them to do better in their careers. You can be that guide for them, if you know a particular industry, you can become a consultant in that field. There are several ways to become a consultant.
If you are choosing consultancy as job for life after retirement then you need to possess certain skills, like;
There are various ways you can start working as a consultant some of the ways are:
Well, you can start freelancing and do the same work you used to do in the office by sitting at your home and being your boss. Freelancing means that you become self-employed and work for other firms/ individuals on a contract basis. You can do some freelance work sitting back at home, like giving consultancy support with your expertise in that domain and writing guest posts for other business websites.
If freelancing is in your retirement ideas list to work for, then you need to some of these skills:
You can earn a handsome amount of money by freelancing. If your work is good, it will help you create more work for yourself, which may help you earn more. Here are some of the examples-
Recommended Read: A Beginner’s Guide on How to Become a Freelancer
If you like to teach students or have good command over any subject, then tutoring is one of the best things to do after retirement. As a tutor, you will be required to teach students online via the internet or you can open a coaching center at home.
Having bookish knowledge is not enough to earn good as tutor, you need to have these skills too.
You can start teaching online as a private tutor through Portals provided by established companies or through your portal. These are known as live classes. Many companies offers an online tutoring platform for you to teach and earn online without any investment. Even if you are not into technology so much, you can always sit back home, teach students at your home batch-wise and become a private tutor. Even if you were not a teacher previously, you might still opt for this if you want to be a teacher.
You can join Chegg India as an expert to answer questions asked by students related to different subjects. It is one of the best ways to earn if you are wondering what to do after retirement in India. You can register as an expert for the subject of your choice and expertise. Benefits include-
As an expert, you get paid for each question you answer, so you can easily earn quite a good amount of money depending on the number of questions you answer in a month.
Skills Required: Expertise in any subject
How To Start: Simply sign up and complete the registration process
Deciding what to do after retirement, starting a blog or becoming a content writer might be a good idea. The main motto of a blogger or content writer is gathering customers by influencing and informing them through their articles.
As a blogger or content writer, you need to possess these skills, to become successful.
You can write books and publish them. The book can be on a specific field of study related to work, life experiences, storybooks, etc. You can also write an E-book and sell it online. Previously publishing and selling a book was difficult and needed investment. Nowadays, you can easily publish a book online and sell it to earn money. You can find writing work on platforms like Freelancer.com, Fiverr, Pepper Content etc.
Also Read: How to Make Money Blogging in 2023
If you are good at caring for babies, you can become a babysitter and give babysitting or daycare services at your home.
Babysitting is a task of responsibility and requires certain skills. If you have these skills then you can work as a babysitter.
You can become a babysitter as well as a paid keeper online and keep pets for others when they go out for work or on a vacation. These are very good jobs to do in life after retirement. These also help you to stay connected with people and stay socially active.
Are you good at convincing people? Or people listen when you talk, then doing a telephonic job might be one of the good retirement ideas for you. In that case, you can become a Customer Service Representative and handle clients on calls from sitting at your home.
Telephonic jobs require some specific skill-set that you require.
Nowadays, many companies outsource customer service representatives, and they need tele-customer representatives who can talk and convince people to buy their products or services. You can apply to such companies. So, if you have great communication skills and the ability to persuade people then do consider telephonic jobs as the answer to your question of what to do after retirement in India.
Bookkeeping is also a great answer to what to do after retirement in India question. Every company needs a bookkeeper, who can maintain records of their daily expenses and payrolls. And the best part is, today, you can do this job from your home.
Every company needs a bookkeeper. However, to get a job as a bookkeeper in any company you need to have few skills and knowledge.
You can provide your bookkeeping services as a freelancer or can apply to a company that needs a bookkeeper.
Virtual Assistant is also one of the best things to do after retirement. As a virtual assistant, you need to do tasks like scheduling, making timetables, arranging paperwork, coordinating meetings and calls etc.
The responsibilities of a virtual assistant are quite important for business. That is why a virtual assistant must have these following skills.
So, if you think you have these skills in you then you can become a virtual assistant. It is a good pay job as you can earn an average salary of 2.9 lakh per annum
To start working as a virtual assistant you need complete your course for virtual assistants. After that create an online portfolio showcasing your works and skills, and built an online presence on platforms like LinkedIn, Upwork etc. You can either start working as a freelance virtual assistant or apply for jobs.
If you have a calling for art & craft and want to use your skills to make money in your life after retirement then opening an online shop is a good idea. This income source does need little investment but once established it can give you great returns.
Opening an online store is no less than opening an offline one. It requires the same or more amount of work and dedication and skills.
You can make decorations like pen stands, posters, fridge magnets or jewellery like earrings, necklaces etc. And sell them on online platforms like Etsy, Amazon Handmade and Ebay.
Related Article: 12 Steps to Start your own eCommerce business in India
Real estate investing is one of the best things to do after retirement, why? Because of its high returns. Investing in real estate is highly profitable, you can rent out your property, can invest in commercial properties and earn a good monthly income.
To become a good real estate investor you need to learn certain skills.
After you have gained a good knowledge of the real estate market, make your investment strategy. Connect with the right people who know about estate agencies and choose investments to make.
As an experienced professional, you might know the best way to write a resume or CV, then why not use it to earn some money? As a resume writer your work will be to write resume for individuals.
If the job as resume writer is the answer to your question of what to do after retirement in India. Then you need to have these skills.
If you know how to write a job-getting resume, then you can become a resume writer for a career consulting firm or any individual. You can charge on monthly basis and hourly rates too, that depends on you. To become a high-paying resume writer, you need to keep up with current job trends and have a good command of the language and grammar. And you are set to earn in your life after retirement.
Explore more about Resume and Cover Letter
If you have a question on what to do after retirement in India, then you can always start your own agency/ company providing solutions with your domain or any other business you like/look up to.
Starting a business is a big thing. And as an entrepreneur, one requires many soft and hard skills. Such as;
For starting a business, you need a good team, plan, capital etc. To make a business successful, you need to know almost everything like Marketing, HR skills, technical skills, etc. You need to have leadership skills. But always remember that doing a business/ start-up is the most difficult option with great risk. You might or not succeed. But if you succeed, you will reach heights that you can’t reach by any of the above options.
Related Article: The Ultimate Online Business Ideas in India
To work or not to work in life after retirement totally depends on you. Because when you work after retirement, the goal is not just to make money. But to live life with independence and dignity. For senior citizens, planning their after-retirement life is crucial for their happiness and peace.
However, if you are still young, you should remember that having a long-term financial plan helps you plan an early retirement, as well as prepare for any rough days that life might throw at you.
All in all, if you have decided to work after retirement and are wondering what to do after retirement in India, the above-listed jobs are some of the great ways to start.
If you have just retired and thinking about what to do after retirement in India. Then, the first thing you should do is take a rest. Go on vacation, experience the things you missed earlier and yes, find a good-paying part-time job to pay for all these things. This way you will be able to enjoy your life after retirement in the best way.
Start by taking care of yourself, all these years you only worked, its’ time to give rest to your body and mind. Simultaneously, look for good part-time jobs to do from home, and invest in instruments with good monthly returns. So that your retirement life goes happily and smoothly.
There are several jobs that you can do in your life after retirement. You can work as Online Tutor, Bookkeeper, Tax Preparer, Babysitter and the list goes on. What matters is your choice, skills and knowledge. If you are interested in doing any job and have the required skills and knowledge for that then you can earn well in that field.
There are some mistakes that one should definitely avoid after their retirement. These, mistakes are:
1. Not having post-retirement plans.
2. Not having enough savings for life after retirement or spending your saved income unnecessarily.
3. Not having a part-time job or additional source of income other than, Pension.
4. Not having good insurance plans, like Health insurance, Term insurance etc.
5. Investing in shares or instruments without having their knowledge.
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Chegg India does not ask for money to offer any opportunity with the company. We request you to be vigilant before sharing your personal and financial information with any third party. Beware of fraudulent activities claiming affiliation with our company and promising monetary rewards or benefits. Chegg India shall not be responsible for any losses resulting from such activities.
Chegg India does not ask for money to offer any opportunity with the company. We request you to be vigilant before sharing your personal and financial information with any third party. Beware of fraudulent activities claiming affiliation with our company and promising monetary rewards or benefits. Chegg India shall not be responsible for any losses resulting from such activities.