How to make money in retirement

Consultancy: Retired individuals with advanced degrees or specialized experience can consider a post-retirement career in consulting. Consultants can leverage their years of expertise, training, and connections and set their hours to avoid a full-time workload. For example, Nigerian retirees with experience in media, finance, and litigation are highly sought after.

Investments: Investments especially in landed assets are profitable. If you have the resources, you can buy a property. You can use your retirement package to fund this mortgage. This will not entail too much work from your end. It will just require you to visit and check monthly at the most.

Writing: Retirees can translate their personal experiences while in active service into a published book or a novel. Experiences you gathered in all your years of working can be channelled into writing.

Event planning: Event planners can be responsible for organizing events of all kinds from meetings to corporate events. Retirees can create a niche in the market by specializing in specific events, including concerts, corporate retreats, or art exhibits.

Life coaching: Life coaching is a profitable venture where people can make some good money from. Many Nigerians youths today rely on life coaches for advice and directions to take in life. As such retirees with wealth of experience in different aspects of life can make money from life coaching.