Considering getting a side gig in your 50s? There are plenty of hustles you can work that allow you to make a steady, substantial amount of money and flex your skill set and professional background.
That’s Interesting: Here’s How To Use AI To Quickly Start a Side Gig, According To Codie Sanchez
Check Out: 6 Unusual Ways To Make Extra Money That Actually Work
GOBankingRates made a list of 15 side gigs to work in and sourced the hourly pay via Payscale to determine the best roles for making some money and doing what you love. Ranked in order of highest pay per hour, keep reading to see which side gigs are ideal for people over 50.
1. Freelance Photographer
- Pay: $64.34 per hour
If you’re a shutterbug who likes to take photos and has been told you’re good at it, consider exploring freelance photography. You might decide to get into taking headshots, lifestyle photography for families or engagements or event photography at weddings or graduations.
See More: 15 Games That Pay Instantly to Your Cash App Account
Discover Next: 15 Things You Can Donate for Money
2. Private Chef
- Pay: $59.52 per hour
Those over 50 with a professional culinary background can put these skills to good use working as a private chef.
Depending on your specialization, you might cook for someone with dietary restrictions (like being gluten-free or on a paleo or keto diet) or act as a private chef for a high net worth individual like a celebrity or CEO.
For You: I’m a Self-Made Millionaire — Here’s How I Use ChatGPT To Make a Lot of Money
3. Life Coach
- Pay: $49.93 per hour
The decades of experience you have under your belt, professionally and personally, may position you for a role as a life coach. In this role, you play a pivotal part in helping someone reach their goals through facilitating helpful exercises and holding these individuals accountable for completing the actions necessary to change their lives.
4. Event Planner
- Pay: $32.81 per hour, according to ZipRecruiter
Love to host parties no matter how big the guest list is? You can make good money in an event planning side hustle.
Like the freelance photographer role, you can choose what types of events you want to plan whether these are fundraisers, holiday parties, birthdays or corporate events and undergo the necessary logistics from picking a theme to booking vendors to ensure the party is a hit.
5. Notary Public
- Pay: $13 to $31 per hour
The sliding scale for a notary public does have pay starting on the lower end, but there are opportunities to earn more money over time. Successfully working in this side gig does require attending training courses as well as taking (and passing) exams to meet your state’s qualifications.
You also will need to be able to cover various costs, such as those associated with the training and exam, before you can become a notary. According to the National Notary Association (NNA), these expenses range from $100 to $600.
Try This: 12 Best Things To Sell at a Pawn Shop for Extra Cash
6. Book Reviewer
- Pay: $29.88 per hour, according to ZipRecruiter
If you’re looking for a low-stress side hustle and like to read, you might be interested in becoming a book reviewer.
According to Reedsy, there are at least 18 legitimate websites that pay reviewers. Most of these sites pay on a freelance basis, though there are some platforms listed that pay per review.
7. Alteration Tailor
- Pay: $16 to $28 per hour
Like to sew? You can make a mint off an alteration side gig.
One of the perks to working as an alteration tailor — besides the good pay — is low overhead. You can get started working from home with a sewing machine and price out your services for everything from basic alterations to making garments for all ages — dresses, hats and sweaters.
8. Freelance Writer
- Pay: $27.88 per hour
Those with journalism or writing backgrounds can find steady work as freelance writers through platforms such as ClearVoice or FreelanceWriting.com.
Look into writing articles for a media website, acting as a ghostwriter or providing SEO writing services to help businesses rank higher in online searches.
Explore More: Get Paid To Watch Videos — 11 Easy Ways
9. Translator
- Pay: $25 per hour
If you’re bilingual or trilingual, you can easily work from home as a translator and make excellent money doing it. Depending on the side gig, you may specialize in written or verbal communication — or both.
10. Graphic Designer
- Pay: $24.67 per hour
Like freelance writing, those with decades of graphic design experience can find freelance work as graphic designers. Connect with potential clients through design platforms like Fiverr and 99designs. You might wind up doing one-off projects or you might build a steady client base that allows you to work full time.
11. Greeting Card Writer
- Pay: $24.29 per hour, according to ZipRecruiter
There’s money to be made in working a greeting card writer gig. Many companies that publish greeting cards will feature submission guidelines on their websites for writers interested in publishing verses for all types of cards.
Read Next: Fidelity Says This Is a Surprising Risk of Holding Too Much Cash — Do You Have Too Much?
12. Computer Repair Technician
- Pay: $20.63
Individuals over 50 with decades of tech expertise may explore side hustles in computer repair. These gigs may require meeting licensing requirements in your city, state and/or county before working in it, so check to see whether you need to obtain a business license or permit.
Once you’ve met the necessary requirements, you can start developing a list of services to offer clients like repairs and troubleshooting and general maintenance.
13. Bookkeeper
- Pay: $20.33 per hour
Got a background in accounting and proficiency in accounting software? Consider becoming a bookkeeper and freelancing your services to local small businesses or clients obtained through networking and attending industry events.
14. Tutor
- Pay: $20.15 per hour
Tutors will always be in demand for a wide variety of subjects, like English, math, science, history and so many more. And if you have a proven track record in teaching any of these subjects, it’s worth taking on as a side gig. You can work from home as a tutor and teach online or join a teaching/tutoring company for an immediate built-in client base.
Trending Now: 3 Signs You’ve ‘Made It’ Financially, According to Financial Influencer Genesis Hinckley
15. Tax Preparer
- Pay: $19.18 an hour, according to ZipRecruiter
The good news about working a tax preparer side gig is everyone needs to do their taxes, especially between the months of January and April. You can build a strong client base during these months and advertise additional services throughout the year, like estimated tax filing prep, for steady work.
Editor’s note: All pay is sourced from Payscale unless otherwise noted.
More From GOBankingRates
- New Law Could Make Electricity Bills Skyrocket in These 4 States
- I'm a Self-Made Millionaire: 6 Ways I Use ChatGPT To Make a Lot of Money
- 5 Strategies High-Net-Worth Families Use To Build Generational Wealth
- 7 Wealth-Building Shortcuts Proven To Add $1K to Your Wallet This Month
This article originally appeared on GOBankingRates.com: 15 Side Gigs That Offer Great Pay for People Over 50
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
