- Joined
- Jul 2, 2007
- Messages
- 5,294
So as I approach the possibility of retiring earlier than usual (at age 56 or 57), likely later this year or next, I'm kicking around what to do with all the Spare Time that will become available, something that would bring some money in but not full time and not a rigid schedule.
Driving for Uber or Lyft or similar comes to mind. Curious as to if after paying the commercial rate auto and liability insurance you have to carry, if there is money in it, especially if you wouldn't be covering the late night weekend bar scene ride requests, which I would not want to cover even though that may be where the best earnings are for Uber driving.
Also need to check out the new tax laws as far as if I did this I'd buy a car for it, something like a 2 yr old (lease turn-in, program car, etc) Ford Fusion or equivalent to use for the "contract Uber driver" business.
If I could clear decent profit doing it part time flex hours, it could be a go. Strictly supplemental to a defined benefits monthly pension and whatever I draw out of a personal 457k.
Driving for Uber or Lyft or similar comes to mind. Curious as to if after paying the commercial rate auto and liability insurance you have to carry, if there is money in it, especially if you wouldn't be covering the late night weekend bar scene ride requests, which I would not want to cover even though that may be where the best earnings are for Uber driving.
Also need to check out the new tax laws as far as if I did this I'd buy a car for it, something like a 2 yr old (lease turn-in, program car, etc) Ford Fusion or equivalent to use for the "contract Uber driver" business.
If I could clear decent profit doing it part time flex hours, it could be a go. Strictly supplemental to a defined benefits monthly pension and whatever I draw out of a personal 457k.