What are the retirement money making ideas?

Lens1000

VIP Contributor
Exploring passive income streams like dividend investing or rental properties is a great idea for people that just retired and it's a retirement money making idea that is of top notch. Starting a small online business could also be a great way and you can start to sell handmade craft or you can start to offer consulting services because it's a way to supplement your retirement income effectively. It is also good to invest in the diversify portfolio of stocks, bonds and also mutual funds because this can definitely provide a good returns over time and it is suitable for retirement planning
 

uptrendfinancialsignal

Verified member
You can start to create and monetized digital products such as ebooks or online courses because this can be a way to generate passive income after retirement . To put it in a simple form, rental income from leasing out a space could be a great way to make money for someone who have retired. He can leverage on platform like Airbnb to provide supplementary income during the retirement years. It is also worth to mention that exploring part time work or consulting opportunities is also a good way to explore.
 

moonchild

VIP Contributor
Making money ideas are the same whether you're a retired person or an active person, I think it's high time we stop boxing retired people like they're some helpless people, they're just retired and get off the hamster wheel, business is the same anyway in the world, spot a need and do something about it, period.

Look around you, I bet there's some things you can do today in your city to make money, whatever it is, do it pro from the get go and you'll make money, but if you keep on listening to other people you'll keep on making the same mistakes others are making.
 
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