How To Retire With Steady Income And Thrive

Retirement Income Planning

 

Retirement Income Can Really Happen

 

As the working days start to get a bit monotonous and seem to never end, it is probably as good a time as ever to consider making a change. That could be to a new job or Retirement. Many considering retirement feel slightly intimidated by the thought of what the income might be, I can show you a way to retire with income and have the confidence to thrive while enjoying your well-earned golden years.

One way I know how to help you is by showing you the merits of an online business, so you could literally work from anywhere in the world(that has internet) and still have plenty of time in your day to spend that quality time doing what you enjoy. This post will cover a few online options to make a nice living while in retirement.

Retire With Confidence

Since you are considering retirement or are already there, you undoubtedly do not want something that will drag you in and have you working long hrs again like you already have. Well, an online business can come in many shapes and sizes, there are many quality programs today that will teach you the basics and even more.

Note “This post contains affiliate links, which indirectly help provide the revenue that allows this website to run and stay online”


Have Faith

As with any new path, there will be challenges, but if you stick with it and have faith in the process, then good things can surely happen for you. That being said you still have to put in the work to make it happen. Regardless of what you see or hear about online telling you that you can get-rich-quick without doing much at all is not true, there is no “legitimate” get-rich-quick idea, anyone telling you different is scamming you.

The important factors to being successful online are faith, commitment, and consistency. If you go into your online journey knowing that it will take a while to start seeing the rewards you expect then you will be fine. If you expect to throw up a website and have nothing to share that provides help or information, do not expect it to work out. I mention this because it happens all the time

Believing in what you are doing and following a consistent path will get you to the place you want to be with your business, stick with it and learn as much as you can. Set realistic achievable goals and build on the success. Yes, there will be setbacks, that is normal, but the winners are the ones who carry on and make it work out.


The Benefits

Let’s talk about how this can benefit you. You have the option to work from anywhere, that’s pretty cool considering that most of us have to travel to a physical location every day to go to work and end up with a limited income that is capped by what your employer will pay you.

The ability to have a portable income is huge if you think about the possibilities. You could travel the World and get online from many places and still conduct business and make money. That alone is a great perk of online income.

Online Retirement income Sources

Being able to control how much time you put into your business on a daily basis, like how many hrs a day or week you are willing to commit to it. There is nothing wrong with just a couple hrs a day, just stay with it and be consistent and it will eventually be much more rewarding than your 9-5 Job working for the man

For example, I spend about 2 hrs a day sometimes more on my business, perhaps because I also have a full-time job, but either way I am having success and only spending a limited time controlled by me, from my living room.

There is no cap on your salary, Yes that’s right no limit. That may sound bogus but it is true. Think about it, what do Affiliate Marketers make per day? it varies for everyone and the amount can be small to very large like 5 digits a month or more and it can grow as you gain experience and apply new techniques. The sky is truly the limit.


How To Do it

Now that you have seen some of the benefits of online income, why not talk about how it is possible. Well, there are many ways but really it depends on what you think you would like to pursue. If you are undecided I can help you by learning about what you are interested in. Or you can read through the options below and see if any of them spark your interest. I listed only these options because I have personally had experience with them in one form or another.

You have many options to turn to for income after retirement and I won’t cover them all. However, I am going to direct you to the online option. Meaning, making a living online, and having the freedom to retire and live anywhere and still make good money to supplement your income sources.

I will list a few options for you and see if you can find something that works for you.

  • Online Auctions– A great way to get started online if you have stuff you need to get rid of or a steady product source. You do not need a website if you use a platform like eBay you can have your own storefront hosted by them. The costs are decent and most of the time they get there cut from your transactions as a fee-based structure. It is reasonable and a good option if you want to avoid the website route.
  • Drop Shipping– A method of selling which makes you the retailer of someone else s products, the process works by you advertising and selling products. For each product you sell, you “purchase” that item from your supplier at a reduced cost who then normally can ship your item directly to your customer with your company information attached. You get to determine how much your items costs in a way that covers your costs to purchase. To start your Drop Shipping business you need a supplier, I recommend Worldwide Brands or Salehoo as places for you to investigate forgetting setup with a supplier, which can also help you with the Online Auction option as well.
  • Freelancing– If you have a skill set that someone would be interested in online you can hire yourself out as a freelancer and make a fairly nice income depending on how busy you want to be. Sites like Fiverr.com and Upwork.com are great places to start as a freelancer, an account is easy to set up for either one. You can also hire out freelancers to help with many online business-related activities, very affordable pricing for services if you try it. I have used Fiverr and have been impressed with the results
  • Affiliate MarketingThis is the field I am in currently, which provides you income by advertising other retailers products and services, you get a portion of the sale as a percentage in a commission format when you successfully convince a user to purchase from you. This is a great option if you are limited in the time you can commit or if you want less involvement in the daily transaction like with the Drop shipping option where you have to process each purchase. Affiliate marketing allows you to work on autopilot if you choose since the purchase does not need any assistance from you, you just advertise and or promote and collect a commission, how cool is that? To start your own Affiliate marketing business check out why Wealthy Affiliate Can Power Your Online Success just like it has helped me

Your Happy Place

Once you settle on a decision on how to create your online empire, you need to dive in and figure out what is required. There are many programs that can help you learn the skills to make it all come together. I am currently using the best I have found yet for online business platforms, I may be able to save you the trouble of spending an afternoon searching for online business training.

The banner below will take you to the holy grail of online business platforms, check it out and look around a bit on the site, there is great information available and what you can expect to receive as a member. There is a free option as well as a monthly paid option, it is worth a look. Just click the banner to go there

 

To really get the most out of your business online, use the information you gain from the training and apply what you learn to your business and you will have a much greater chance of success. You can then start to reap the rewards of the work you put in to make it happen.


Conclusion

So I have listed a few options for you to consider about how you can get going and make a living online. The internet is growing fast and more people get online every day, with the trend shifting to more and more transactions being completed online, it makes sense to get on the train and ride it.

If you have a passion for something or a hobby you like, you can share what you know and more online. Having already worked for the man and now either getting ready to retire or already retired, you have many ways to keep the money coming in and live life on your terms and spend quality time doing what you enjoy.

Please comment below and share your thoughts. Others can benefit from your opinion.

Take Care

 

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About Todd 120 Articles
I have been in the online world since 2004 I have the experience to know how to help you succeed. The best decision I ever made is becoming an affiliate marketer as my business is flowing well. I can help you do the same, and get that online business going. Please see my About Todd Page for more information

4 Comments

  1. Hi Todd

    Thank you for the detailed article on how to retire with a steady income. I think that this article is actually meant not only for people retiring soon but actually for anyone wishing to ensure himself and making his life better. Just as you also mention that our 9-5 work limits our income so any additional income is of great help not only to survive but to live and enjoy a life.

    • Arta, 

      Yes the limits on income potential at our normal 9-5 job can make it hard to save for a decent retirement, by having a portable income source can be a blessing for folks of any age. The ability to travel and still have income is a plus. Many people do not have enough for a comfortable retirement so supplementing that makes for a less stressful and a much more enjoyable lifestyle. 

      Thanks for the comment

      Take Care

      Todd

  2. Great article, I particularly think this information is valuable to retirees or those nearing retirement. Unfortunately the way the world is now, there are very few jobs that are really going to help you pay into a pension for your retirement – you really have to look after yourself. The days of retiring with a gold watch are gone.

    • Jack,

      Yes those days are rare, sure you may get a gold watch but thats it, usually a sub par retirement package that does not keep up with today’s economy. There needs to be something else and there is with an online business. The freedom and flexibility alone are great but the best perk is the unlimited income potential unlike todays 9-5 jobs that limit what you make.

      Thanks for the comment

      Take Care

      Todd

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