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