Shaf
Verified member
A lot of people plan to start a business when they retire, but the pension they receive is barely enough to cover their needs and leave enough money to use as capital. This means they may need to look for business ideas that they can start with small sums of money.
It's important to consider that at this age, you don't have the strength or time to go for ideas that are intensive. What is important is to get something that can give you regular income with as little stress as possible.
One of such business ideas is agriculture. You can easily get a small piece of land, or practice modern agricultural practices like sack farming or aquaphonics. The returns is good and it's not capital or labour intensive.
Another option is to work on forums like this, or you use have any skill that can be leveraged online. This means you can work leisurely from a comfortable location.
If you have a passion for crafts, exploring it is one way to make money easily. You are not in a haste to make money, and Yiu have the ability to relax and create masterpiece works people will pay for.
It's important to consider that at this age, you don't have the strength or time to go for ideas that are intensive. What is important is to get something that can give you regular income with as little stress as possible.
One of such business ideas is agriculture. You can easily get a small piece of land, or practice modern agricultural practices like sack farming or aquaphonics. The returns is good and it's not capital or labour intensive.
Another option is to work on forums like this, or you use have any skill that can be leveraged online. This means you can work leisurely from a comfortable location.
If you have a passion for crafts, exploring it is one way to make money easily. You are not in a haste to make money, and Yiu have the ability to relax and create masterpiece works people will pay for.