Make money while on Social Security
It is suggested by Business Insider online magazine that there could be trouble up ahead for retirees.
It sets out three reasons why they think that serious trouble awaits the retirees.
They state :
- Baby boomers are expected to live longer than previous generations — and it’s creating retirement challenges.
- Living longer means boomers now either have to work longer to support themselves or have to worry about outliving their savings.
- Working longer, however, is not an option for many.
Living Longer causing anxiety
Boomers are expected to live longer than previous generations, and it’s giving them anxiety about retirement. They have fear that they will outlive their retirement savings.
It is said people say they’re happiest when they get older, many feel that they will be able to take it easy and live out their retirement but unfortunately baby boomers — born from the 1940s to the 1960s — feel pressured to work longer to support themselves.
Not enough retirement funds
According to a survey by the Insured Retirement Institute, a trade association for the retirement industry, from earlier this year. Only 54% had any retirement savings at all, and only 40% had tried to calculate how much money they would need to retire.
There were about 60% who thought their savings and retirement income would cover their basic needs comfortable during the retirement years.
Some are working longer, but not everyone can.
Some retirees who have no savings or not enough are opting to work around this problem by staying employed far into their 70s, at least in part-time positions.
But working longer may not be a realistic option for everyone that is approaching the retirement age.
There are many obstacles that may be in the way of working beyond the retirement age.
There could be health issues, and the job market is in a transition period in which many roles are being automated,
And for many especially those who lose their job at an older age, it is not always easy to learn new skills or return to school.
And jobs that are physically demanding jobs, are often difficult for older workers.
Larry Fink, the CEO, and chairman of BlackRock said earlier this year in his annual letter to shareholders.
He described the longevity problem as an underappreciated contributor to Americans’ financial anxieties. As people are expected to live well into their early to late 90s
And so, people who plan to retire in their mid-60s to early 70s need to have enough money saved up for a decade or two more than they might have in the past.
There need not be any great financial crisis, there are so many opportunities that are available today, and more are becoming available each day.
The online industry is booming and seems to be expanding each day, there are many opportunities that have opened up.
Everything is been done online, these days, and this has increased the opportunity to start your own business.
You can be a booking agent for the airlines or a reservation clerk for hotels, or doctors. Customer service rep. Teacher, Affiliate marketing and many more options.
The good thing about making money online is you can do it from anywhere, you only need a computer and Wi-fi access.
There is also the opportunity to teach English to Chinese students, there are DADAabc.com and Vip kids.com and more for online jobs, there is indeed.com glassdoor.com and many others for online marketing there are many like Solo built it, Dreamhost.com and Wealthy Affiliate,
I am a member of Wealthy Affiliate and I believe they are the only ones that offer a free membership that never expires,
Other platforms do offer free starter programs but as far as I know, they all have a time limit to a free membership.
At the end of the 10 lessons being offered with the free membership, you will have a website built and ready for your business.
In these ten lessons the foundation of your online business is built, you will be taught what is affiliate marketing, how affiliate marketing works, how to find your niche.
How to build your website, setting up your website, getting ready for search engines, creating your first content,
Creating Menus for your website, understanding how to find keywords.
You will also be given some tools with this free membership, you will be given 2 websites, website backup, personal affiliate blog, each lesson is by videos that are available to you always, so you can go at your own pace and you will able to earn while you learn.
And remember this is all for free you will not have to sign any agreement or make any commitment, your name, and email address will be required and you can start for free HERE.
I have a sample of one of the training videos here.
The other membership, is the premium, with this membership you will be building on the foundation that was laid with the free membership,
With this membership, you get 50 websites, you will be able to add different businesses enabling you to earn from different sources. Website security package. 1-on-1 unlimited coaching. 24/7/365 tech support and much more. It suggested that upgrading to premium has a success rate of up to 5 times more than the free membership.
Wealthy Affiliate is a legit company, it was founded in 2005, has an A+ rating with the BBB, the membership is not just based in the USA, but they are from all over the world.
This platform is for everyone from newbies to super-affiliates and we have quite a few of those.
Here is a group of our super affiliates in Vegas, these guys are making $7,000.00+ per month.
If, you are new to online marketing please do not let fear of the unknown stop you from trying.
I can understand your fear, I was fearful myself, being a member of the older generation, with no real computer skills, and just average typing speed I told myself that I could not do it, but this quote by Napoleon Hill helped me to take the plunge and so glad I did.
Whatever the mind of man can conceive and believe, it can achieve.” – Napoleon Hill
So cast fear and doubt aside, and try affiliate marketing, you have nothing to lose.
You can join by clicking on any of the links in this post, and if you do, I will be your personal mentor, and besides me, there is the Wealthy Affiliate community, this community is one that seizes every opportunity to assist fellow members, you will never be alone. Looking forward to meeting you on the platform.
Thank you for taking the time to read this post please share, and you can leave all your questions and comments in the space provided in the space below and I will reply ASAP
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).