11 Work-From-Home Jobs Great for Retirees

By Susan Lahey · June 30, 2022 · 6 minute read

We’re here to help! First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Read more We develop content that covers a variety of financial topics. Sometimes, that content may include information about products, features, or services that SoFi does not provide. We aim to break down complicated concepts, loop you in on the latest trends, and keep you up-to-date on the stuff you can use to help get your money right. Read less

11 Work-From-Home Jobs Great for Retirees

They’re calling it the Great Unretirement. Millions of people who retired in the last decade, and particularly since COVID, are seeking to return to work in the interest of gaining a little more financial security as well as other benefits like connecting with a community and creating a sense of purpose. Fortunately, since the pandemic normalized working from home, there are a lot more remote jobs on the market.

This is important because the AARP noted recently that the opportunity to work from home makes a big difference in retirees’ decision to return to the workplace. Those who previously held jobs where remote work is common may find it easiest to secure jobs post retirement, but there are also options for retirees who didn’t have computer-based jobs. With thorough research and a careful eye, the opportunities are abundant, especially in these key industries.

Education

These days continuous learning, upskilling, and reskilling are absolutely essential to success. As a means to support this need, the online learning industry is booming. It is expected to reach nearly $460 billion
by 2026
. Courses are exploding, covering everything from cooking to meditation, to data science, to creative writing. As a retired senior, you have a lifetime of expertise that you could use to help others grow their skills and help you grow your bank account.

Instructor

Almost anything you’ve mastered can be turned into an online course: woodworking, flying drones, even traveling on the cheap. Whether it’s a hobby or a profession, you might be able to convert it to profit in an online course that students can purchase. Sites like Teachable and Coursera allow would-be teachers to set up an account and create courses that could provide passive income for years.

Consultant

While returning to work is one way to invest in your later years, returning to your field of expertise may net you more money than taking a role that you haven’t yet developed the skills for. If you happen to have years of experience in a field such as business or design, taking on clients as a consultant can be a great way to share your expertise at a premium. Sites like LinkedIn and Indeed can also help, allowing you to search for job opportunities by location, contract status & experience level.

Tutor

If you have the skills to teach but don’t want to do all the back-end work of creating and selling a course, look for jobs tutoring online. Tutors are hired not only by U.S. schools and companies but also by international ones making it highly flexible and potentially highly lucrative.

International English Teacher

The more interconnected the world becomes, the more important it is for people around the world to be able to speak a common language. If you are a native English speaker, or if you speak English really well, you may qualify to teach English to students around the world . For this role, you’ll likely need to get a certificate, but once you are qualified, you can apply for jobs teaching online or even set up your own business.

Customer Service

Another effect of the pandemic is that the world got used to doing its business online, which means that there is a need for people who can support customers online. People often think of customer support jobs as dealing with angry customers. But the reality is that a lot of customer support agents find their jobs very rewarding because they’re solving people’s problems.

Customer Support Agent

Customer support agents work with customers on the phone, through a chat function, on social media, or even through email and generally help customers with things like making returns, processing exchanges and billing problems. Agents must have good communication skills, empathy, solid problem-solving skills, and enough technical aptitude to use the company’s customer support system. Other than that, they generally just need a computer and a headset.

Technical Support Agent

Technical support is similar to customer support except you will be solving customers’ technical issues. For example, the customer doesn’t know how to change their billing address on an app they use, or they can’t figure out how to use the software they bought. You will need some technical know-how, but often companies train employees and provide a knowledge base for them to use to help resolve customer problems.

Travel Agent

For a while, the business of booking people’s travel seemed to have been taken over by sites like Google. But there are still businesses, such as travel companies that work with corporate clients, and medical centers that need to book travel for patients, who hire and train individuals to manage travel booking. Being organized and having good customer service skills is important in this position, and having experience with the type of organization you’re working for can probably help, too.

Administration

Administrative jobs may be some of the best options for seniors working at home. Often these jobs require little experience, but the fact that you’ve been managing your finances, taking care of your own errands and tasks, and otherwise doing the administrative jobs required for life in the 21st century means you’re equipped for these jobs. And if you’re doing them in a specific field where you have expertise, the earnings potential increases.

Virtual Assistant

A virtual assistant tackles all kinds of tasks, from setting appointments to, writing emails, to updating clients’ social media accounts. Virtual assistant jobs are great part time gigs for seniors at home because they only require the skills you already use to manage your own life. If you’re particularly good at management, you can snag lucrative clients and really see your retirement earnings soar.

Bookkeeper

Obviously, such a responsible role requires experience. But with an accounting or business management background you can help small business clients who don’t have the budget for a full-time bookkeeper or a big accounting firm. This could include local restaurants, small shops, or individual medical practitioners.

Tax Preparer

Tax preparers work for firms like H&R Block, who train them before tax season, or independently, serving clients. A lot of tax preparation is formulaic, but to serve clients well, it is key to be familiar with all the rules that change from year to year.

Data Entry Specialist

If you can type quickly and have an eye for detail, data entry may be for you. You can generally land a data entry role without any experience, but if you go for a position in a field where you have expertise — say law, medical records, insurance or consumer packaged goods, the pay is likely to be higher.

Spotting a Scam

As with all things online, there’s always a possibility that something may not be quite what it seems, and that includes online job postings. Remote working opportunities are especially susceptible to fraud because everything is often conducted digitally with no human interaction. As you look for remote opportunities, be cautious of listings that seem too good to be true. Offering a generous amount of money for very little work, or requiring payment before work can begin are red flags. Investigating opportunities thoroughly can help you prevent becoming a victim.

The Takeaway

Opportunities for seniors and retirees to beef up their savings and retirement investments through remote online work are more abundant and varied than ever before. It may be necessary to spend some time searching to best match your interests and skills to the income you want to make and the hours you’re willing to work. And again, it’s important to use discretion when pursuing opportunities to avoid falling victim to a scam.

And when you do find the perfect remote gig to supplement your retirement income, SoFi can help you store those funds. With no account fees and an automatic savings feature, a SoFi Checking and Savings account can help you organize your savings, and get you paid up to two days sooner.

Learn what SoFi Checking and Savings can do for you.


Photo credit: iStock/FG Trade

External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

SoFi® Checking and Savings is offered through SoFi Bank, N.A. ©2023 SoFi Bank, N.A. All rights reserved. Member FDIC. Equal Housing Lender.
The SoFi Bank Debit Mastercard® is issued by SoFi Bank, N.A., pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.


SoFi members with direct deposit activity can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Direct Deposit means a deposit to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, do not constitute Direct Deposit activity. There is no minimum Direct Deposit amount required to qualify for the stated interest rate.

SoFi members with Qualifying Deposits can earn 4.60% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Qualifying Deposits means one or more deposits that, in the aggregate, are equal to or greater than $5,000 to an account holder’s SoFi Checking and Savings account (“Qualifying Deposits”) during a 30-day Evaluation Period (as defined below). Qualifying Deposits only include those deposits from the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo, etc. and internal peer-to-peer transfers from a SoFi account belonging to another account holder), (iv) check deposits, (v) instant funding to your SoFi Bank Debit Card, (vi) push payments to your SoFi Bank Debit Card, and (vii) cash deposits. Qualifying Deposits do not include: (i) transfers between an account holder’s Checking account, Savings account, and/or Vaults; (ii) interest payments; (iii) bonuses issued by SoFi Bank or its affiliates; or (iv) credits, reversals, and refunds from SoFi Bank, N.A. (“SoFi Bank”) or from a merchant.

SoFi Bank shall, in its sole discretion, assess each account holder’s Direct Deposit activity and Qualifying Deposits throughout each 30-Day Evaluation Period to determine the applicability of rates and may request additional documentation for verification of eligibility. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Upon receiving a Direct Deposit or $5,000 in Qualifying Deposits to your account, you will begin earning 4.60% APY on savings balances (including Vaults) and 0.50% on checking balances on or before the following calendar day. You will continue to earn these APYs for (i) the remainder of the current 30-Day Evaluation Period and through the end of the subsequent 30-Day Evaluation Period and (ii) any following 30-day Evaluation Periods during which SoFi Bank determines you to have Direct Deposit activity or $5,000 in Qualifying Deposits without interruption.

SoFi Bank reserves the right to grant a grace period to account holders following a change in Direct Deposit activity or Qualifying Deposits activity before adjusting rates. If SoFi Bank grants you a grace period, the dates for such grace period will be reflected on the APY Details page of your account. If SoFi Bank determines that you did not have Direct Deposit activity or $5,000 in Qualifying Deposits during the current 30-day Evaluation Period and, if applicable, the grace period, then you will begin earning the rates earned by account holders without either Direct Deposit or Qualifying Deposits until you have Direct Deposit activity or $5,000 in Qualifying Deposits in a subsequent 30-Day Evaluation Period. For the avoidance of doubt, an account holder with both Direct Deposit activity and Qualifying Deposits will earn the rates earned by account holders with Direct Deposit.

Members without either Direct Deposit activity or Qualifying Deposits, as determined by SoFi Bank, during a 30-Day Evaluation Period and, if applicable, the grace period, will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.

Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet.


SOBK0622045

All your finances.
All in one app.

SoFi QR code, Download now, scan this with your phone’s camera

All your finances.
All in one app.

App Store rating

SoFi iOS App, Download on the App Store
SoFi Android App, Get it on Google Play

TLS 1.2 Encrypted
Equal Housing Lender