401(k)s Money x of x 3. Sell your photos. If you have a knack for taking good cell phone pictures, you could make money selling your original images. Foap is a free smartphone app that allows you to list photos for sale. If someone buys your image for $10, you’ll walk away with $5 after Foap takes its cut. If you upload many different images, you could catch the eye of someone in the market for a particular photo. You can also add tags to your image to increase your chances of having your photo picked up. For example, you could tag a photo of your dog as “dog”, “pet” and “beagle” to boost its chances of showing up in searches. Also, instead of heavily edited or filtered photos, you’ll want to focus on taking crisp, yet realistic images.
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The Most Important Ages for Retirement Planning: Age 70 ½ Tom Sightings | July 13, 2018
Emily Brandon | July 23, 2018 Shop around for a better interest rate on your savings account or certificates of deposit and get rid of high-cost investments that are reducing your returns. Make sure that your savings is earning as much for you as it can.
Sell your stuff. When only one spouse retires, you need a plan to live on a single paycheck.
Tags: retirement, money, investing, housing Advice Edited by Emily Brandon. (Getty Images) Pick a Beneficiary for Your 401(k) Plan Part-time employees can earn more than $20 per hour in these positions.
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You don’t need to keep working to generate these sources of retirement income. Make sure your unused retirement savings are passed on to your intended heir.
The Most Important Ages for Retirement Planning: Age 65
Get a part-time job. Retirement planning ideas and advice. You can withdraw less from your savings each month or even pay for a few luxuries if you’re willing to earn some extra income in retirement. Here are some ways to bring in a little extra cash, hopefully without cutting too much into your leisure time.
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Passive Income for Seniors

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Tom Sightings | June 28, 2018 × Taxes × 6 Common Myths About Estate Planning Get a part-time job. Advertising
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Kathleen Garvin is an editor at The Penny Hoarder. Abby Hayes is a freelance blogger and journalist who writes for the personal finance blog, The Dough Roller, which covers topics ranging from credit scores and banking to how much money you should be saving. Abby has written on behalf of Dough Roller for Credit.com and Mint.com. She has been writing about personal finance for seven years, but also covers topics as diverse as bowling, credit union management and parenting.
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Retirement Savings Ahead of the Curve? Whether you want to cushion your retirement fund or make some extra spending money, here are six ways you can earn passive income.
Passive income streams are ideal for retirees, because they help diversify your sources of income. And since passive income streams are relatively hands-off investments, they shouldn’t cut into your leisure time too much. Here are four options for earning a passive income in retirement:
Spending Money » Globetrotting on a Fixed Income Emily Brandon | June 25, 2018 See more Retirement slideshows: Medicare won’t cover you abroad, so you will need to purchase another health insurance policy.
You can withdraw less from your savings each month or even pay for a few luxuries if you’re willing to earn some extra income in retirement. Here are some ways to bring in a little extra cash, hopefully without cutting too much into your leisure time.
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Part-Time Retirement Jobs That Pay Well 1. Rent out your property. Whether you buy a second property or rent out space in your own home, becoming a landlord can be a good way to generate passive income. Keep in mind, though, that becoming a landlord could also be a very active endeavor. Finding renters and maintaining a property can take a considerable amount of work. It all depends on how you structure things. One way to avoid the potential stressors of renting out a property is to hire a third party to manage the property for you. This will, of course, eat into your profits. But it will also let you make money from your rental properties with very little time investment during retirement.
Identify easy-to-overlook expenses to preserve your nest egg in retirement. Leverage your expertise.
The High Costs of the Retirement Dream You have a lifetime of accumulated possessions clogging up your garage, attic and basement. Clear out those spaces and see what items you can sell. You can try a traditional garage sale or write up a description and sell it on Craigslist, eBay or another website.
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2. Invest in dividend stocks. You can keep investing throughout several decades of retirement, and you should keep an eye on your portfolio to make sure it’s performing well. Dividend stocks provide current income and have the potential to generate capital gains. They will start paying you right away, and can be a good way to generate extra income in retirement. Of course, dividend payments could be reduced or eliminated if the company isn’t performing well. Owning a variety of different dividend stocks can help to mitigate some of the risks.
Medicare Part D beneficiaries are charged a variety of out-of-pocket expenses.
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However, passive income has many benefits for retirees. It can provide you with the security of an additional income stream. You also have the freedom to pick the hours and projects that fit your lifestyle.
(Getty Images) Setting up a bank account abroad requires significant paperwork and answering some personal questions. 529s Rankings and Tools
7 Tricks for Downsizing Your Clutter Salaries and Benefits Credit Cards Education Contact Contributors have expertise in areas ranging from personal finance to retirement lifestyles, and include Live and Invest Overseas, Good Financial Cents, The Money-Guy Show, Retire Before Dad, Social Security Teacher, My Lifestyle Career, Retire Fabulously, The Dough Roller, and Sightings at 60.
Help your neighbors. The Most Important Ages for Retirement Planning: Age 70 ½ Edited by Emily Brandon. Prepare for One Spouse’s Retirement
529s 6. Start a blog. If you have a niche topic you want to write about, consider starting your own blog. In addition to writing about subjects you’re interested in, you will need to create a community and build a following. Once you’re up and running, you can look into running advertisements on your blog or making money with affiliate links. However, the Federal Trade Commission has strict guidelines regarding advertising on the web, and you must disclose if you could make money off a link on your blog. You can also offer sponsored blog posts, courses and ebooks on your site to create additional revenue streams.
Money Rethink the $1 Million Goal to Retire Emily Brandon | July 16, 2018 Dividends
Boost your retirement income. However, passive income has many benefits for retirees. It can provide you with the security of an additional income stream. You also have the freedom to pick the hours and projects that fit your lifestyle.
Popular Stories Investing Tom Sightings | July 13, 2018 Privacy Policy You can rent out a room in your home to vacationers looking for a unique and affordable place to stay or offer to taxi people to the airport in your car. A variety of online companies can help connect you to people who want these and other services you might be able to provide.
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