Retirees Are Earning Up to $20,000 Per Month With One Fully Remote Side Hustle Quitting your day job doesn't mean you can't have an additional — and extremely lucrative — income stream.
Side hustles can be an effective way to supplement income from Social Security or investment accounts. Twenty-one percent of Baby Boomers (age 58-76) work a side gig with a median income of $500 per month, per a 2022 Bankrate survey.
One especially lucrative side hustle for semi- and fully retired people? Answering questions on professional help platform JustAnswer. These experts make an average of $2,000 to $7,000 per month — with the biggest earners hitting figures as high as $20,000 per month, according to the company.