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By Michele Lerner Updated Nov 26, People often think of retirement as a time of trading in the nine-to-five slog for a life of leisure, but these days many retirees want to earn extra money to boost their cash flow. One of the best ways to feel retired while earning extra income is to generate cash from your hobbies. Key Takeaways You can transform almost any hobby—from writing poetry or party planning to gardening or organizing—into a side hustle with a bit of research and commitment.

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David Kindness is an accounting, tax and finance expert. He has helped individuals and companies worth tens of millions achieve greater financial success.

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Make sure the line of work is compatible with your level of strength and fitness -- dog walking requires strength and stamina, and grooming sometimes requires heavy lifting. Other duties related to animal caretaking may be feeding, watering, inspecting, cleaning cat litter box, cage or kennelbathing or giving medicine. To market yourself, you can post flyers with your information at local pet stores and animal hospitals, and there are plenty of pet-care job marketplaces where you can create your profile, such as RoverPetSitterFetch!

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And that is especially true in retirement. And, some options might even be fun! How to Make Money in Retirement? Not having to leave the couch to do it!

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Retirement once was built on the three-legged stool of Social Security, personal savings, and company pensions. But pensions, we all know have basically vanished, and these black swans keep undermining our personal savings. This means if we want to shore up the stability of our retirement finances, we need to bolt a new leg onto the stool.

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Their answers were amazing and showed just how creative our generation has become when it comes to supplementing our income in the best years of our lives. I hope that you find them useful. Also, this article has several tips to get you back making money from your passions. Did you know that networking is very important when it comes to job searching?

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Invest in instruments that offer monthly returns: Invest in high-yielding investment options to put your savings to good use and to maintain your quality of life, post retirement. Investing in fixed deposits is a great option, because of the following advantages: 1 Get stable returns with Fixed Deposits 2 Greater stability without impact of market fluctuations 3 Facilities of loan against fixed deposits, offered by certain financiers 4 Greater liquidity, and an option to choose between cumulative and non-cumulative returns 5 High safety ratings and stability Some fixed deposit providers also provide you with benefits of higher interest rates for senior citizenseasy online application, and flexible tenor.

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