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10 Business Ideas for Retired Couples


10
Tutoring
Retired teachers and other educators are in demand year-round as tutors.
Retired teachers and other educators are in demand year-round as tutors.
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For retired teachers who want to continue to help kids learn without the demands of a typical classroom, the private tutoring/test-prep business offers an opportunity to connect with students while maintaining a flexible schedule. Retired couples can find tutoring work though existing companies (including Web sites such as Tutor.com, Kaplan.com and SmarThinking.com) or start their own business in which one spouse takes on instruction duties and the other handles administration and marketing.

According to AARP, tutoring rates commonly range from $10 to $25 per hour, and sessions can be anywhere from an hour after school to three or four hours during the weekend. You could be in big demand during the fall and spring when high school students take the SAT and ACT tests for college entrance requirements, and other standardized tests such as the GED, GMAT, GRE and LSAT are given year-round [source: AARP].


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