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The Umbrella App Offers Retired Folks Flexible Work

— March 10, 2020 — Lifestyle
The Umbrella app is one positioned to revolutionize the gig economy for retired folk, especially after receiving $5 million in funding.

Umbrella is a membership-based platform that charges users $199 annually. The app encourages senior citizens to sign up for jobs they can preform. Some of the options include lawn mowing, painting, or animal care. Jobs start at $20 an hour however, the user can opt to work for less with the difference going toward offering cheaper work for lower income people.

In addition to offering a means of flexible income for retired people, the Umbrella app seamlessly connects members of the community, creating a sense of community that an older demographic crave as they leave the workforce.

Trend Themes

  1. Senior Gig Economy — Platforms offering seniors flexible job opportunities will become more prevalent, providing a solution for those looking to supplement their retirement income.
  2. Membership-based Apps — Apps that offer membership-based services will continue to grow as they provide a reliable source of revenue and promote customer loyalty.
  3. Community-building Platforms — Technology that fosters connectivity and community among diverse demographics will have disruptive potential in the future.

Industry Implications

  1. Elder Care Services — Elder care services can benefit from offering flexible job opportunities to retired individuals who have valuable skills and experience.
  2. Membership-based Platforms — Industries such as fitness, music, and entertainment can benefit from offering membership-based platforms that provide exclusive content and services to loyal customers.
  3. Community-building Technology — Industries that prioritize community building and connectivity, such as real estate and recreation, can benefit from technology that fosters these qualities among customers.
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