The average Social Security check paid out in 2018 was just $1,404, according to The Motley Fool.
That works out to just $16,848 per year… hardly enough to get by comfortably on these days.
And that’s before taxes!
It’s no secret that retiring in today’s economy is harder than ever for seniors. The costs of healthcare, housing, utilities, and even food have all skyrocketed. And unfortunately, the Cost Of Living Adjustment just isn’t cutting it for some seniors.
The economy always has and always will have its ups and downs. When the economy is stable it is time to start preparing for the turbulent time that will come.
By preparing adequately, cutting costs, and making sure you still have some income coming in, you can emerge out of a recession just as strong as you were before it.
Although one can never be completely prepared for a recession there are strategies that older Americans can use to prepare for a recession, and that will help them know what to do when it arrives.
There are several things you can do to help you financially through your retirement
Reduce expenses. There are many ways to cut expenses.
Cut discretionary spending. Buy nothing if you don’t need it to live. Resist sales pitches.
The goal of Comscore Inc is to help companies understand consumer Internet usage and behavior, so companies can create better products and services for everyone online.
How Do You Earn
Participating members enjoy periodic surveys on interesting topics and research software that monitors Internet browsing and purchase activity. PermissionResearch makes money by helping trusted companies understand how consumers use the Internet.
After registering you will have to wait for an invitation from PermissionResearch
Participation to earn is by invitation only, If you qualify, you will be asked to download a special type of software that will be used to track your habits while you surf the internet.
This will allow PermissionResearch to develop an understanding of how they and the members of their household use the Internet.
In addition, you may be occasionally invited to participate in online surveys that are designed to help companies understand the member’s attitudes and interests on a wide variety of topics. The research software is easily removable.
How Will Be Paid
There are several ways that you will be rewarded for your participation
Trees for Knowledge: PermissionResearch has partnered with a non-profit organization known as Trees for the Future.
Trees for the Future plants a tree for each new person who joins the PermissionResearch community.
What are the eligibility requirements to join PermissionResearch?
To be eligible to join PermissionResearch you must be at least 18 years of age and own or control any computer that you install the PermissionResearch software on.
Permission Research software is compatible with most Microsoft and Mac Operating
Is Permission Research Legit?
Yes, this site is legit, it’s run by one of the nation’s largest Internet research firms, Comscore.Inc. this company was started in 1936 and has over 2 million members worldwide.
This site is legitimate, and you can become a member if you do not mind not making any money, maybe you like the fact that this company is part of a company that plant trees in Central America, Africa, and Asia but for you, there is nothing but a chance to win a sweepstake.
And just what are the chances of you winning a sweepstake, well there are over 2 million users so the odds of you ever winning in my opinion is very slim.
With a website, you can advertise your skills or your products, Have no particular skills or product? You can still make money online, You can be an affiliate marketer,
Just shat is an affiliate marketer?
Affiliate marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services. The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.
Affiliate marketing can be very rewarding, you do not have to be an expert, with the proper training you can become an expert, and you can start for free.
The option of making money online is at this time very viable, of course, this will not happen overnight,
Working with a platform that will provide you with the tools and information that will assist you to become successful is very important.
Working from home can be very beneficial you will be your own boss, make your own schedule, you can designate where you want to work from it can be anywhere you are most comfortable.
And working to build your own business is even better, you can build a business that can generate a steady income,
As I said it will not happen overnight, but it is said Success is no accident, it is hard work, perseverance, learning, studying, sacrifice, and most of all a love for what you are doing.
Best Training Platform-
If you would like to know more about affiliate marketing, you can do so on one of the best training platforms,
This is a platform that teaches today’s online marketing. with a vision to genuinely help people achieve success in business and in life, dedicated to helping others become great and achieve true financial independence.
In my opinion, Wealthy Affiliate is the best training platform, this platform was built with affiliate marketers of all levels of affiliating marketing, from beginners to ultra-successful affiliate marketers.
Who is affiliate marketing for? Affiliate marketing is for anyone. To give you a better idea Affiliate Marketing is for:
Stay at home moms or dads
Anyone that needs to earn some extra money
People that don’t like their current jobs
People who want to earn money from their hobbies or passions
Bloggers who want to earn some money from their blogs
Students either while studying or after graduating
Retired people who want to earn to supplement their pensions
People who want to learn how to build a WordPress website
Local business owners who want to start a website or improve their online presence
Anyone looking for fast and reliable hosting with the best support I’ve ever seen
People who want to learn how to make money online in an honest way
And many more.
You will not be alone, the community is very active and helpful the training videos are an excellent source of information you can have a look at one HERE.
Its a survey site that for the most part, doesn’t offer any compensation, but a chance to win cash prizes, but will offer a gift card or cash from time to time. According to the site, they will plant a tree for your participation. Support takes a few days to get back to you with answers to any problems you may have.
In an article written by Elyssa Kirkham /Gobankrates and published in the online magazine Money, she states that 56% of all Americans have $0 saved for retirement.
Unfortunately, for many of us, saving for retirement is not an area where our attention is focused; because of the necessity of meeting our daily financial demands, which is a struggle, the thoughts never seem to go towards retirement savings.
There are many financial obstacles that the majority of us face; some of these are: credit card debt, student loan debt, low wages, the need to save for a child’s college education, and the list never ends; all of these things can put a strain on our budgets, they don’t necessarily make it impossible to save for retirement.” (start your own business for free)
Most of us are falling short of the savings required for a comfortable retirement, and that is if we are saving at all.
Preparing for this post, I saw Prudential’s 2016 retirement study stating that 54% of Americans nearing retirement age have no idea how much money they will need for those 20 or 30 years after retirement.
The study also states that 54% of them nearing retirement age have only $150.000 retirement saved; this is nowhere near enough cash to live on for 20 or even 30 years.
A Cooperative Credit Union Association survey has found that as millions of Americans retire over the next decade, financial crimes and abuse against the elderly are occurring at an ever-increasing alarming rate.
And as all Americans encounter scams with increasing regularity, studies show that few financial consumers are taking steps to improve their financial literacy in the digital age.
More than half of caretakers for the elderly have reported an elder being targeted with fraud; more than a quarter of elders have also fallen prey to at least one financial scam. And the problem is likely to get worse before it gets better.