Tech to save your retirement

Mike Rosenbaum – The Sharing Hub

Being over 50 isn’t what it used to be. Nowadays, not only are we looking fitter and younger, we also have the mentality to match. For many of us, we’re starting to take a step back at work, and looking to recreate our life to finally have some ‘me’ or ‘us time’ and some more flexibility. 

With statistics showing one in four empty nesters plan or have moved closer to a city centre to be among the buzz of the city, there is definitely a growing trend in people looking for a fresh chapter when they are over 50.

Whether it’s simply getting fit, taking up a new hobby, making extra income, travel – or even a new home – there are platforms online that are perfect for those 50 years and over.

Here are six savvy moves to make:

Earn some extra cash
Through the rise of the sharing economy, you can now make some extra money on the side through your assets and your spare time. Rent out spare space in your home like your garage for $350 a month through Spacer.com.au, or lend out your caravan, RV or motorhome when you’re not using it with Camplify to earn up to $2100 per week.

If you want to get busy yourself, you can get behind the wheel with Zoom2U and deliver packages using your own vehicle and working the hours you choose, where you can be making up to $2000 a week.

Make some furry friends
If you’re an animal lover, you can use your extra time to help look after other people’s pets through the pet sitting and dog walking sharing network, Mad Paws.

Mad Paws connects pet sitters and dog walkers with people who need some help looking after their pets while they’re at work or travelling, and in turn you can make a bit of extra cash. Dog walking is also a great way to stay active and fit! You can be making between $150–$300 a week doing something you love. 

Make a move
Once your kids have grown up and left the nest, you might be left feeling that your family home feels too big and empty. Many retirees are opting to leave the big houses in suburbs behind and move to inner city apartments to enjoy the convenience and lifestyle it offers, so why shouldn’t it be you?

One of the most daunting parts of selling a property is finding the right agent. However, real estate agent comparison site OpenAgent, can help connect you with the best agent in your local area for your needs. OpenAgent will support your journey from start to sale, and you get to check reviews and success rates of agents in your area. 

Take up a new hobby
We’ve all got that one thing we’ve always been interested in doing, but for a variety of reasons, such as not being able to find the time or not having the social network to do it, we’ve just never got around to it. Join a book club or learn the art of crocheting, the world is your oyster.

Travel the world
With all the extra cash, the world is truly your oyster, and you have the opportunity and time to make your travel dreams a reality. We don’t necessarily mean just following the stereotypes of taking a cruise or leaving your life behind to travel the country in a caravan (although those are both great adventures).

Want to hike up Machu Pichu? Take a train journey through Europe? Perhaps you want to connect with your inner child and finally visit Disneyland? Whatever your heart desires, now is the perfect time to jet off and take the trip you’ve always dreamed of. For those who may not have the budget, LayAway Travel offers hundreds of packages at top destinations to suit your individual budget.   

Put your hand up
Volunteering is an excellent way to give back to the community as well as connect with likeminded people and stay social. There are many possibilities, from working in your local charity shop to helping out the less fortunate during the holiday season. Volunteering is an incredibly rewarding experience, and a great way to use your time.

Related articles:
The retirement income sweet spot
Re-education could save retirement
Regular pay cheque in retirement

Written by Leon Della Bosca

Leon Della Bosca has worked in publishing and media in one form or another for around 25 years. He's a voracious reader, word spinner and art, writing, design, painting, drawing, travel and photography enthusiast. You'll often find him roaming through galleries or exploring the streets of his beloved Melbourne and surrounding suburbs, sketchpad or notebook in hand, smiling.
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