17. Retirees Use Airbnb

Airbnb was founded 11 years ago in August 2008, in San Francisco, California. Since then, it has taken the world by storm. Merrill Lynch found that more than 1 million of its users are over the age of 60 all around the world. 10% of hosts are also a part of the same age group.

That’s a smart move by them too. Working with a fixed income during retirement isn’t always easy. That’s why renting out a bedroom or guesthouse could provide enough money to not only make ends meet but also to stash away in case of emergencies.

The 10% of hosts we mentioned early make an average of $6,000 per year, so if you have enough space to rent out, you should definitely join their ranks.