Four Ways To Grow Your Retirement Income
Retirement income is a highly debated matter in recent months. One day you gain an entire percent in your stock portfolio; the next, the Dow drops 300 points. While you realize that mutual funds historically perform very well over a period of a couple decades, you are uncertain that it will be where you want it to be by the time you want to retire.
You know you could scrape by with a Social Security check – if it’s still around by the time you hit age sixty – but you really don’t want to reduce your standard of living because the market is being fickle. What else can you do?
Due to modern inventions and innovations, you may be able to increase your retirement income in a diversity of methods, perhaps not working more than two hours a day. What follows is just a partial list of things you might do.
You can start an online business. There are many ways to make money on the Internet, from selling your own stuff to selling other people’s stuff to getting paid for advertising on your website.
You can consider becoming part of a network marketing company. The fact is, not many people actually „make it big“ in this industry right away, but if you are willing to persevere for a while and you are extroverted, you very well might discover a few hundred additional dollars showing up in your mailbox every month.
Consider working at a part-time job that is both low-stress and fulfilling. That way, it won’t feel like you’re still working, and you will be fine with going to a job a couple times a week so that you can enjoy a little bit more retirement income.
Convert a favorite past time into a business. For instance, you might consult, landscape, fix computers, or tutor.
Think beyond traditional investments when it comes to retirement income, and you may very well find yourself sleeping much better.
Want to find out more about how to have more retirement income? Then visit Emily Josephine’s site about retirement income.
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