7 Home Business Ideas Retirees Can Easily Start in 2024

By Danielle Ong

Aug 07, 2024 08:06 AM EDT

Retirement is often seen as a time to relax and enjoy life after years of hard work. But for many retirees, it's also an opportunity to explore new passions and even start a small business. Running a home-based business can be an excellent way to stay active, use your skills, and earn supplemental income without the stress of a full-time job.

To help you get started, we made a list of seven home business ideas that are particularly well-suited for retirees. These options range from low-tech to high-tech, require varying levels of investment, and cater to different interests and expertise. 

Antique Seller 

Do you love old things? Turn your passion into profit by selling antiques and vintage items. Start by selling items you already own. Then visit yard sales, flea markets, and thrift stores to find hidden treasures. Clean them up and sell them online or at local antique fairs.

Car Rental 

If you have an extra car, why not rent it out? Use apps like Turo or GetAround to list your vehicle. People visiting your area or locals who need a temporary car can rent it. Make sure your car is in good shape and you have the right insurance. This can be a steady source of income with little daily work.

Freelancing 

Use your work skills to become a freelancer. Writers, editors, accountants, and consultants can all find work online. There are several websites you can use to connect you with clients, including Upwork and Fiverr. 

To ensure success, you can set your own hours and rates. Start small and build up your reputation for steady work.

Writing and Blogging 

If you're into writing, you could start a blog about your hobbies, travel experiences, or life advice. Use platforms like WordPress or Blogger to set up your site and earn money through ads, sponsored posts, or by selling your own e-books.

READ ALSO: 2024 Business Tips: 4 Key Steps To Making the Perfect Elevator Pitch

Pet Sitting

If you're an animal lover, pet sitting could be perfect for you. Care for pets in your home or visit them while their owners are away. Sign up on websites like Rover or Care.com to find clients. 

Reselling 

With reselling, you can buy items on sale and resell them for a profit. Look for deals at stores, online, or at garage sales, and sell your finds on eBay, Amazon, or Facebook Marketplace. Some of the most popular items to resell include clothes, electronics, and collectibles.

Homemade Food Business 

Are you a great cook? Is baking something you do in your spare time? Maybe you should consider selling your homemade treats. Baked goods, jams, and sauces are popular choices, especially among younger buyers. 

Before you start selling, check your local laws about selling food from home. Start by selling to friends and at local events. As you grow, you could supply to local cafes or start an online store.

READ NEXT: Malaysia Launches First Locally-Made Electric Car, the Proton e.MAS7

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics