Did You Know It’s Possible to Earn Money After Retirement?
A large portion of retirees depend on Social Security for 90% of their retirement income? Some retirees work at home.
At present, according to The motley Fool, https://www.fool.com/retirement/2018/10/16/heres-the-average-social-security-benefit-for-2019.aspx, the average retiree gets $1,422 a month in Social Security benefits. With additional sources, the total becomes about $1,564 a month. Is this is your situation and is this enough? I asked this of myself and the answers I received were no; it’s not enough. I definitely want more. But increasing my income comes at a cost. If the increase is modest, the cost would be my time and labor. However, if I returned to a corporate job, the cost would be higher taxes, long hours, and transportation expenses.
It’s Never too Late to Earn Money After Retirement?
Retirement doesn’t mean dead. It used to seem that way. I recall quite a few years back when my uncle’s employer forced him into retirement at age 62. I cannot say if that was the law at the time or corporate rules. I can say this, he was heartbroken. His employer denied his appeals. I was 11 or 12 years old and I don’t recall if he pursued other opportunities. I recall that he went back to college to keep his mind busy and he also enjoyed working out at the Y and a lot of golf. He did his best to enjoy life, but his forced retirement was a dark spot in his life.
Back to Work?
My uncle lived for 20 years beyond retirement. His time was less than fulfilling because his work was his life. He was a great guy who put family and friends first. Going back to work and taking on a job was not an option for him. Today, we have options. We can work beyond retirement age, but who want’s to? I do not, at least not to work at a clock punching, paid by the hour type job. I searched for a better alternative. My search uncovered many dead-ends. Bogus and misleading opportunities and a waste of my time and money.
I Wanted to Work from Home
A work-at-home plan solves several problems. Earning money after retirement is easiest from home because there are no extra expenses and work hours are flexible.
- With work-at-home, the hours are ideal.
- With work-at-home, there are no transportation expenses.
- With Work-at-home, I don’t have to skip meals to attend corporate meetings!
- There are expenses, but I already had those, a computer and internet connection.
More than that, I researched opportunities. I know they riddle the Internet with scams and bogus opportunities. I lived through a few of them, meaning I wasted money on programs that were incomplete and didn’t deliver any value. I invested in so-called opportunities that cost $79 or $99 and didn’t deliver on their promises. I learned that these companies continually try to upsell to a higher level of investment. They promise greater rewards that would manifest rapidly. Eventually, I caught on to the pattern and stopped looking at these programs.
My Search to Earn Money After Retirement
What did I want? A low cost to invest high potential return. I continued to look at offers. Some are tempting. The authors do a great job at visually attractive ads complete with real sounding testimonials. I believe now that the claims are fake. I want better than fake claims and lost investment money. I want a solid business model with adequate if not excellent training and I want it affordably. Could these conditions exist?
I decided my investment should be only $500 a year. I can afford this. However, the investment must deliver:
- A reliable platform
- Steady Income
My Choice to Earn Money After Retirement
The realities of retirement can be harsh. Our remaining life-span is not guaranteed. How we spend our remaining years is important. Are they fulfilling or empty? I did not want to be that guy who sits around, killing time, watching TV, and stagnating physically and mentally. That my friend is no way to live.
I finally chose the right program, Wealthy Affiliate.