Retirement is a great time to sort through items and declutter your space. Getting rid of things you don't have room for, whether you're downsizing or simply discarding things you no longer need, can be therapeutic.
But knowing where to start can be a challenge. The following are a few items you might consider tossing or selling to earn some extra cash.
Set up direct deposit - pocket $400
Set up an eligible direct deposit with SoFi Checking and Savings and you could pocket a bonus of up to $400. Make the switch, set up direct deposit, earn the bonus. It basically takes no extra work at all other than following these steps.
Why people are switching: This account earns up to an insane 4.00% APY1 <p>Earn up to 4.00% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.10% APY as of 5/28/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> on savings for up to six months (3.10% APY standard + 0.90% APY boost) on top of that $50 or $400 bonus.2 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at <a href="https://www.sofi.com/banking/checking-offer/">sofi.com/banking/checking-offer/</a></p> That's way better than the measly 0.38% APY (as of 06/15/26)3 <p>Based on <a href="https://www.fdic.gov/national-rates-and-rate-caps">this</a> FDIC data, as of 6/15/26.</p> national average savings accounts offer.
No monthly fees and no surprises. Open your account and earn up to a $400 bonus
Work clothes and shoes
If you worked in a buttoned-up office for years or even decades, you likely won't need all those suits and skirts anymore.
Sort through your closet for things that you want to save, such as a nice suit or two for formal engagements like weddings or parties. Then, create a donation pile for any work items that you don't need anymore.
Doing so will free up space in your closet and give you a decluttered sense of accomplishment.
Employment paperwork
You likely have work papers that have piled up over the years that you can toss now that you have retired.
Just be careful. You may not want to get rid of important papers related to taxes, life insurance, or health care coverage. Make three piles for papers you need, papers you want, and papers destined for the trash. This will help you organize the process.
Transportation passes
Go through all those extra public transportation passes you collected and toss out expired ones. If you still have current monthly passes, use them up by enjoying all the places you never got to visit while you were working.
If you’re over 50, take advantage of massive discounts and financial resources
Over 50? Join AARP today— because if you’re not a member you could be missing out on huge perks. When you start your membership today, you can get discounts on things like travel, meal deliveries, eyeglasses, prescriptions that aren’t covered by insurance and more.
Start your membership by creating an account here and filling in all of the information (Do not skip this step!) Doing so will allow you to take up to 25% off your AARP membership, making it just $15 the first year with auto-renewal.
Your second car
Now that you're retired, you no longer need a car to commute to and from work. If you are a two-car household, consider getting rid of one car. Doing so can save money on car payments, insurance, and monthly gas costs. It will likely be even easier to ditch your second vehicle if you and your spouse are retired.
Business travel items
Are you tired of getting on a plane every week to travel for work? The good news is that you don't have to do that anymore. Think about ditching the work suitcase that you've shoved into too many overhead compartments.
Items in a storage unit
If you have items in a storage unit, now is the time to sort through them or figure out what you want to toss. Now, you have a better idea of what you might actually use in the next chapter of your life; there's no more need to hold on to things that "when I retire I'll use" unless you'll actually start using them now. By doing so, you might eliminate that extra cost of storage you have been taking on.
Retirement News: Almost 80% of Americans fear a retirement age increase — here’s the real reason why
Old electronics
Retirement is the time to get rid of work-related electronics, from cell phones to computers and chargers. Collect all of your old electronics and do a little research on how to dispose of them properly. Remember that things like batteries or certain types of old technology may require special disposal.
Kitchen gadgets
You now have the time to use your kitchen to make lunch and eat dinner at home. As you do so, you might notice that some kitchen gadgets rarely get used. Sell things like the blender you never use, and toss or donate your mismatched silverware.
Sports equipment
Is there a treadmill in your basement and bedroom that's going unused and taking up space? Get rid of it. To stay active, join a gym or a neighborhood club for walkers, bikers, or runners. Ditch the stuff cluttering up your home space that isn't getting used.
Get instant access to hundreds of discounts
Over 50? Join AARP today— because if you’re not a member you could be missing out on huge perks like discounts on travel, dining, and even prescriptions.
Get 25% off membership — just $15 for your first year with auto-renewal — and a free gift if you join today.
Outdated media
Perhaps you have VHS movies or CDs that are collecting dust. If so, toss that outdated media, or find places to donate it, such as your local library.
Bottom line
Whether you decide to retire early or start your golden years a bit later, now is the time to take advantage of your freedom and spend some time decluttering.
Create a list now of charities you can donate to, or join local free groups where you can give away items. You have freed your mind from work responsibilities, and now is the time to rid your home of clutter, too.
More from FinanceBuzz:
- Retire like the rich: 14 ways you could build wealth in your 50s.
- Find out if you could pay less for car insurance in just a few clicks.
- Make these 7 savvy moves when you have $1,000 in the bank.
- 14 moves seniors could benefit from but often forget about.
Add Us On Google