3 Ways to Earn Extra Income in Retirement
Roughly a third of baby boomers say they plan to continue working past age 70, or perhaps never retire at all, according to a report from the Insured Retirement Institute. Also, of those who have postponed retirement, around one-third say they did so because they don't have enough money saved.
Retirement is becoming more expensive than ever, with the average workers saying they think they'll need around $1.7 million to retire comfortably, a survey from Charles Schwab found. For many people, retirement may seem like a goal that's out of reach financially -- especially considering you may not be able to rely on Social Security to make ends meet.
But if your savings are lacking, there are a few ways to boost your retirement income. Although these jobs require some work up front, they can eventually turn into extra income -- so you can earn cash to supplement your retirement lifestyle.
Source Fool.com
