Perhaps your retirement is imminent or is a long way off. It would be nice to think of way that you could earn extra income in retirement. Some people’s retirement could last more than 20 years. Now, more than ever, it is very important to have your money working for you.
Before you retire, it may b e a good thing to ask yourself just how much money you will need to live on. Some things may change when you retire. You will probably save big time on the cost it takes you to travel back and forth to work, but you may spend more on anotheritem such as heating. You also have to take into consideration the effects of inflation. If you have an online budget calculator, it may be very easy to figure all of this out. If you find yourslef coming up on the short end of the stick, where are you going to get that extra income in retirement?
One very simple way to get that extra income in retirement is to get a parttime job. Nowadays the work foce is composed of more and more older people. You will find that a parttime job not only makes you feel useful and productive but will supplement your retirement income very nicely.
Are you a member of a pension...