6 Easy Ways Retirees Can Cash in on the Sharing Economy

Whether renting out a car or an extra room in the house, retirees can generate some extra income with an Internet-based side business.

Man in living room with laptop smiling
(Image credit: (c) Monkey Business Images Ltd)

At age 57, Scott Ullerich of Redondo Beach, Cal., is still earning a paycheck from his job as a human resources professional at a large aerospace company. At the same time, he's earning money on the side -- a few extra hundred dollars a month -- by participating in the Internet-based "sharing economy."

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Contributing Writer, Kiplinger's Personal Finance