Over 45 And No Savings – What Now?
It is not uncommon to hear the story of someone 45 with no savings, or very little.
It is becoming a stark reality of today’s world. However, there are some simply small business Ideas strategies to take the pressure off your retirement even if you have debts or are not earning as much as you need to lead a comfortable life into your 80’s and beyond. Here are some of my tips:
You should look into a post-retirement career. What this does is continues to provide you with an income stream while semi-retired.
The advantage here is that you keep earning, which reduces pressure on your retirement savings.
You can find something other than within your current career path. There are some small business ideas that you can start parallel part-time “on-the-side” that will provide some cash flow to add to your savings.
In fact, while you’re at it, once you ‘retire’ from your main career and move into post-retirement earning, you will have the time and flexibility to combine more than one part-time income creating multiple income streams. Your specific situation will dictate what your options are, but even with two different part-time jobs, you will have time off and still generate earnings.
With these extra incomes, should you make enough to allow you to stow away a portion to feed your savings account, this is the time to do it. If you are currently 45 and plan on full-time retirement at 55 you have ten years to stash some extra cash and when you do finally retire from work you’ll have a nice little nest egg.
Opportunities in the Comfort of Their Own Homes
While some retired couples may seek a new career out on the open road, others can find rewarding employment opportunities in the comfort of their own homes considering varies small business ideas.
Ah, retirement … long, lazy days of doing nothing except exactly what you want! For some retired folks, it is not enough to play golf, enjoy hobbies, travel, and spend time with friends and family.
They enjoy the challenge — and the paycheck — that comes with a regular job.
Going back to work is a lifestyle choice for some, while for others, it is an economic necessity.
Fortunately, the Internet makes it possible for retirees to enjoy the best of both worlds:
A flexible schedule
The ability to work at home
Without a long commute
Or excessive stress
Opportunity to supplement retirement income or savings.
Here are two opportunities that achieve both.
This tutorial training you can start with zero investment and start to earn passive income.
Join the training or get more information here.