Retirees are no exception, and many are turning to freelance platforms to earn an extra income and share their knowledge
One of the benefits of freelancing for retirees is that it allows you to share your knowledge and expertise with others. If you have a particular skill or area of expertise, you can use a freelance platform to offer your services to those who need them and act as a mentor to upcoming professionals.
Earning a supplemental income and staying connected to some of the latest innovations and technology are not the only benefits of knowledge sharing on a freelance platform for retirees. This article will explore the majority of benefits retirees can experience while sharing knowledge on freelance platforms.
How Can Retirees Benefit From Utilizing Freelance Platforms?
Freelance and gig work is perfect for retirees looking for an opportunity to earn additional income, travel the world, see new places, and more without worrying about finding a traditional job.
The main benefits of freelance/gig work for retirees are the ability to earn supplemental income without a full-time commitment, stay connected to the latest ideas and technology, solve mission-critical challenges, and mentor upcoming professionals.
Among these benefits, supplementary income is often the primary motivator for many retirees when they decide to start freelancing. Part-time or full-time commitment options allow retirees to take on as much or as little work as they want, giving them the flexibility to enjoy their retirement while still making some extra money.
According to the Freelancers Union and Upwork, 30% of Americans over the age of 55 engaged in freelance work in 2018. As the world progresses and technology continues to change, it’s important for retired people to stay ahead of the curve and keep up with the latest ideas and innovations. Here are why these benefits are so significant for retirees:
1. The ability to earn supplemental income without a full-time commitment
For many retirees, the idea of earning supplemental income is appealing. It can provide some financial security in retirement and allow retirees to enjoy their golden years without having to worry about money.
A happy retirement is often built on three pillars: social security, pension, and personal savings. However, these sources of income may not be enough to cover all your retirement costs.
According to census data, the median average retirement income in 2021 for persons 65 and older is $47,357, which is down from $56,632 in 2019. The 2021 average mean retirement income is $73,228, down from $84,153 in 2019. With rising costs and a decrease in retirement income, it’s no wonder that many retirees are turning to freelance platforms to make ends meet.
2. Stay connected to the latest ideas and technology
In a rapidly changing world, it’s important for retirees to stay ahead of the curve and keep up with the latest ideas and innovations. This is especially true for those who are looking to offer their services as freelancers or consultants.
Technology can be a great leveler, allowing retirees to remain competitive in the job market and keep up with their younger counterparts. By staying connected to the latest ideas and technology, retirees can offer their services to a wide range of clients and industries.
3. Solve mission-critical challenges
Retiring from a traditional job doesn’t mean that you have to stop using your skills and knowledge. In fact, many retirees find that their skills and experience are in high demand from businesses and organizations that are looking for solutions to mission-critical challenges.
Companies and organizations often turn to retired professionals to solve complex problems because they have the experience and expertise that is needed to get the job done. By utilizing their skills and knowledge, retirees can help businesses and organizations achieve their goals while also earning some extra income.
4. Mentor upcoming professionals
For those who are looking to give back, knowledge sharing on a freelance platform can provide an opportunity to mentor upcoming professionals. This is a great way to share your knowledge and expertise with the next generation while also earning some extra income.
OnFrontiers is a freelance marketplace perfect for retirees. OnFrontiers is a knowledge-sharing platform that allows retirees to work on their own terms by allowing them to choose their own schedules, hourly salaries, and consultations they want to participate in.
OnFrontiers can also assist you in obtaining paid opportunities to educate young professionals on how to collaborate with the government. You’ll have access to a variety of professional development and social networking services, such as Slack groups dedicated to specific skills, webinars, podcast episodes, and blog articles.
Mentoring the next generation of professionals can be a gratifying experience, and OnFrontiers provides the perfect platform to do so.
For many retirees, giving back to their community is an important part of their retirement plan. Knowledge sharing on a freelance platform provides an opportunity to do just that. The benefits of knowledge sharing on a freelance platform are significant for retirees as much as they are for businesses, organizations, and the up-and-coming professionals needing a mentor.
Retirees can stay connected to the latest ideas and technology, solve mission-critical challenges, and mentor upcoming professionals – all while earning some extra income.