Globetrotting on a Fixed Income Banking and Credit 2. Write an ebook. Whether you plan to pen the great American novel or your own memoir, consider writing a book. You won’t need an agent or a connection to a traditional publishing house if you check out self-publishing. After you write a book and upload it, you’ll continue to make money with each copy you sell. Services like Amazon’s Kindle Direct Publishing platform make it easy to self-publish your ebook, and you can earn up to 70 percent royalties on your sales. You could also publish your book as a paperback, but you’ll see fewer royalties and be responsible for printing costs.
Terms and Conditions About On Retirement The High Costs of the Retirement Dream
Boost your retirement income. 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.
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Passive Income for Seniors

Rankings & Tools Taxes Some retirees earn an extra stream of income by renting out a property they own. But you have to be ready to do the work of finding tenants and maintaining the building, or to share the profits with someone you hire to take on those chores.
Part-time employees can earn more than $20 per hour in these positions. Health
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.
Share on Facebook Kathleen Peddicord | June 26, 2018
How to Open a Bank Account Overseas Copyright 2018 © U.S. News & World Report L.P. On Retirement 6 Common Myths About Estate Planning
Boost your retirement income. Share on Google Plus 4. Try peer-to-peer lending. This is a newer way to invest your money for more immediate income. You can lend to others through lending cooperatives like Prosper or Lending Club. You’re basically becoming the bank for someone who needs to borrow money. With peer-to-peer lending, you take on higher risk, but also have the potential to reap higher rewards. The interest rates you can charge are higher than what you are likely to receive from a bond or certificate of deposit, and you’ll often get your return on the investment more quickly.
Globetrotting on a Fixed Income Dividends When You Have a Lousy 401(k) Plan Some retirees earn an extra stream of income by renting out a property they own. But you have to be ready to do the work of finding tenants and maintaining the building, or to share the profits with someone you hire to take on those chores.
The Most Important Ages for Retirement Planning: Age 59 ½ 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.
House-sitting stretches nest eggs by combining two big retiree expenses: travel and housing.
Make smart, careful moves to cover unexpected expenses in retirement. Money » People in their 60s and older often have the ideal combination of attributes to launch a business, including experience, an extensive social network and a working knowledge of the products or services people who work in your industry need. Just don’t invest money that you can’t afford to lose in a business.
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.
By Kathleen Garvin, Contributor |Feb. 6, 2018, at 3:47 p.m. Best Places to Retire
Newsletters Buy and Hold Strategy Tags: retirement, money, second careers, income Globetrotting on a Fixed Income Part-Time Retirement Jobs That Pay Well Travel
Prepare for One Spouse’s Retirement Rachel Hartman | July 25, 2018 Popular Stories
Email [Read: 10 Resume Mistakes That Make You Look Old.] Rodney Brooks | July 20, 2018 Investing 6 Ways to Earn Passive Income When You’re Retired
Loans Newsletters Tom Sightings | June 28, 2018 5. Put ads on your car. Imagine making extra money as you drive around town. Carvertise pays approved drivers to place removable advertisements on their vehicles. Typically, drivers need a clean driving record and must be on the road a certain number of miles a day. If you drive a lot in retirement, this gig could defray some of your travel costs.
People in their 60s and older often have the ideal combination of attributes to launch a business, including experience, an extensive social network and a working knowledge of the products or services people who work in your industry need. Just don’t invest money that you can’t afford to lose in a business.
Company Culture 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.
If you can sew, bake, work with wood or otherwise create something someone else would buy, you can make money selling your wares online, at craft fairs or even from the end of your own driveway. Once you build up some word-of-mouth, customers will come to you.
Boost your retirement income. Dividends 4 Ways to Create a Passive Income in Retirement
Think about your retirement dreams and realities to set a savings goal for the future.
You might be able to lend your expertise to your former employer or other companies in the industry to make some extra cash. Let your former colleagues know that you would be open to taking on contract work when a need arises.
Medicare won’t cover you abroad, so you will need to purchase another health insurance policy. ×
Try out a hobby job. Craig Stephens | July 12, 2018 Rachel Hartman | July 18, 2018 Medicare won’t cover you abroad, so you will need to purchase another health insurance policy. Tom Sightings | July 13, 2018
Rachel Hartman | June 27, 2018 The Most Important Ages for Retirement Planning: Age 66 If you already own a business, even if it’s currently just a side business, consider ways you can turn your active income passive. Start hiring writers to create content for your website, or begin training reliable managers to handle your family business. Then when you get to your retirement years, you can continue to reap the rewards of business ownership without all the daily maintenance running a company often entails.
Make sure your unused retirement savings are passed on to your intended heir. Personal Finance 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.
Part-Time Retirement Jobs That Pay Well When only one spouse retires, you need a plan to live on a single paycheck.
Careers Investing for Retirement: How to Design A Plan that Anticipates the Unexpected [See: 10 Costs You Can Eliminate in Retirement.] Share on Google Plus
Copyright 2018 © U.S. News & World Report L.P. The senior citizen population is increasing in these retirement spots. Employment Debt
Terms and Conditions Read More Real Estate Credit Cards Here’s how to get rid of excess stuff as you transition into retirement.
Rachel Hartman | July 25, 2018 Terms and Conditions
Company Culture Tap into the sharing economy. Rachel Hartman | July 25, 2018 Social Security
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