“money earners” in retirement

Stubod

Albermarle said:

or heading back to a part time job at B&Q (or similar!).  

If you had a management type job before , or one were you had some autonomy ,I always think it would be difficult to settle in this kind of role. Probably with some young manager ordering you about . I guess it depends on your personality to some extent.

..I assure you this is not a problem, (well at least not for me). Can't be bothered with all that !!!!!!, just the knowledge that you can walk away when you feel like it is enough to not have to worry about things like that...

kangoora

When I retired i set up a tiny business just buying from car boots and reselling for some fun and pocket money. It didn't make much money, maybe 6-7k a year (profit) but was a lot of work for the amount earned (and a lot of very early mornings). I've stopped now but I'm going to continue on a very small scale (at sensible times) and only look out for absolute bargains. You do have to sift through a LOT of dross though and there is a lot of wastage (stuff only fit for the bin after taking a really good look at it later on getting home), if I had a £1 for every time someone said to me, "Yeah, it works great guv, I just tried it last night" ...........

It's a bit of exercise, a morning/afternoon out of the house and there's always something to come back with even if it's just a book you read 30 years ago and fancied re-reading. It appeals to the bargain-hunter in me and the occasional big win is fun. The bacon & egg butties go down well also, probably negating the exercise however

Some notable wins in the 3 years were, a Leica camera for £1 (snapomatic unfortunately) sold for £150, a board game bought for £1 and sold for £126, WW2 voltmeter for £3 which sold for £80, a couple of lego kits bought for £10-15 which each sold for £100+ and 2 Marantz hi-fi separates for £30 which sold for £300.  You can sell (almost) anything on Ebay, my 'weirdies' include, a "non-working" personal Gamma ray dosemeter/monitor from the 1960's, paid 50p and sold for £45, admittedly that did take almost 2 years to sell and an untested 1930's bakelite hairdryer to a film studio (not tested was declared in the listing).

quirkydeptless

Elmer_BeFuddled said:

Reminds me of the time I went to B&Q. This old fella in an orange apron asked me if I wanted decking.
Luckily I got the first punch in.

I was going to shop there Today, so I phoned ahead to ask how big the queue is.

They told me it's the same size as the B  

xylophone

(recently got a new e-bike).

For virtual exercise?

Stubod

xylophone said:

(recently got a new e-bike).

For virtual exercise?

...oh yes..it cost too much to actually use it!..now after some "E" running shoes to help with those nasty hills...

michaels

There is always putting 2880 into a pension as long as you are not a higher rate tax payer.

[Deleted User]

A friend of mine retired at 55 from his career with a good pension and now works 3 days a week as a postman.  Early starts but he normally finishes work around 1pm.  He gets paid to keep fit & has social interaction (with colleagues for an hour in the morning before he goes out and then with customers).   He has a nice rural duty which helps!   

Andy_L

Browntoa said:

I do exam invigilator work at a couple of local schools ( 2 to maximise earnings ) . With covering the mock exams and the end of year exams I get enough each year to cover a 2 week holiday. 

I get minimum wage rate but inner London schools pay up to £11-12 an hour. 

Just involves a lot of standing and walking around .

My mum did that. My dad did traffic surveys. Parked up in a lay by, flask of tea, test match special on the radio: he loved it

Mickey666

Anyone needing to find “money earners” in retirement hasn’t got their retirement planning right.
Anyone needing to find something to do in retirement hasn’t got their life planning right.

strawb_shortcake

Mickey666 said:

Anyone needing to find “money earners” in retirement hasn’t got their retirement planning right.
Anyone needing to find something to do in retirement hasn’t got their life planning right.

But maybe that's part of their plans all along, I have a friend that is on track to "retire" from his very successful business in a few years time at 45. His plan is to have £1m in the bank taking £50k a year (no mortgage) and work part time in B&Q, Screwfix or similar, his wife will still be working and children still at school or uni but he just doesn't want the stress of the business for another 20 years.