"If Your Retirement Fund Is Loosing Value on a Daily Basis, You Can Use New Marketing Techniques To Help Bolster Your Retirement Situation RIGHT NOW!"
Are you ready to retire (or getting close) but concerned that you don't have enough in your retirement fund? Even now it's not too late to increase your income and your financial security. Among baby boomers especially, since many of us are on the verge of retirement, we are realizing that the nest egg we were depending upon has been shrinking. Many who are approaching retirement (yours truly included) have recently experienced a 30-50% reduction in their retirement investment funds due to the changes in the economy. It is not time to abandon those funds that you have put your retirement hopes in, but rather to look for ways to supplement them.
Have you considered a new career after retirement? Read on and you will discover some very interesting possibilities that would allow you to work from home to earn that extra income you will need.
If you are in need of a plan to supplement your retirement income, read on or go HERE to see the solution I actually chose.
The Problem - Shrinking Retirement Assets
I have been exploring ways to add to my retirement income. For my entire working career, I have worked at jobs where I got paid either by the hour or on a salary - both required my presence at "work."
My goal was to find a situation that would..
- add to my income
- allow me to work from home in my spare time
- have the income be self perpetuating, that is keep on working even if I am not on the job
My plan is that eventually this will be a source of income that will supplement our Social Security benefits (if they are even available) and our 401k.
Turn Experience and Knowledge into Income
Work From Home to Generate The Extra Cash You Need to Supplement Your Retirement Fund
You have gained a LOT of experience and knowledge throughout your 60+ years. Much of it is from the type of work you have done. But you also have other interests and passions. Perhaps you have a hobby that truly gives you a sense of joy and fulfillment.
A hobby or interest can be turned into a very profitable venture.
Some examples:
- Woodworking: create furniture or kids toys or even birdhouses. You can market your wares at local shops on consignment or at craft shows. I built a treehouse for my granddaughters that was amazingly similar to the American Girl version which sells for $250. It took me about 6 hours and less than $20 in materials.
- Photography: you can turn this hobby into a business by uploading your photos to Flickr or one of the Stock photo websites. There is also a market for photographers who can take real estate photos, or cars, or other products for use in online ads. As usual, there is a great resource to help you find out more about using your camera for making money.
- Writing: you may have developed some fantastic writing skills in your job, or you are just a natural wordsmith. Use this unique gift to start your own blog, or, better yet, find folks who are willing to pay someone else to write for them. There are also online jobs for copywriters where you can work from the comfort of your home. The possibilities for writers are huge. You can write articles like this one on Squidoo.com and earn income just because lots of people read your articles.
- Consulting: use the knowledge you have acquired in your career to help others solve their problems. You will not be tied to a desk in some office or cubicle as a freelance consultant. AND many folks who do this actually make as much or more than they did when working 9-to-5 at their craft or profession.
- ebay: don't laugh! There are plenty of people who check ebay as their first resource when making a purchase. There are many ways for you to find items to sell on ebay. One suggestion is to visit popular stores and find clearance items. My daughter-in-law does this all the time and is able to supplement the family income by working from home. There are also ways to buy bulk products at very attractive prices and store them at home or a storage warehouse. Or you can find vendors who will actually ship the products for you after you have sold them.
Internet Marketing - THE Work at Home Cash Machine
It's not a get-rich-quick plan, but it can pay off in a big way.
The more I have searched, the more apparent that my answer is in Internet Marketing. I began to look at ways to market products on e-bay and came across several drop-ship suppliers. Their goal is to supply individuals with a list of companies that will handle the shipping after the order is placed with the person listing the product (me or you). Many people have been making e-bay their main source of income recently. Using the drop-ship method of sales is fairly inexpensive. You would have to pay e-bay for each listing you place, even if your product does not sell. But there is big money to be made in this field if you get the right products listed.
A second source of income that kept popping up in my search is something called Adword Marketing. Using Adword Marketing, the idea is that you create small ads for products that you think will make you money, then you must pay an Internet company such as Google or Yahoo to place your ads on one of their search pages. You decide which keywords you want to promote and how much you are willing to pay each time someone clicks on your ad. The keywords in the ad are what determines which search pages are appropriate for that particular ad. Here again there is some financial risk in that you must pay for each click on your ad whether you sell anything or not. The products that you promote using adwords may be yours or you can become an affiliate (kind of like a partner) of a product. If you are an affiliate, you essentially enter into an agreement with a company or individual where you get paid a certain percentage for each sale you create through your ads. According to my findings, there are many people making really big $$ using Adword Marketing.
The third way of making money online is Affiliate Marketing. I mentioned affiliates above, but you can become an affiliate and promote products in other ways besides Adword Marketing (although Adwords can be a very important part of the overall plan). Very simply, affiliate marketing is finding ways to promote a company or individual's products and getting paid for doing it. You can accomplish this using very inexpensive methods. The real drawing card for me here is that there are books and online companies that will work with you and train you to become successful in your affiliate marketing venture (the one I am involved with is Wealthy Affiliates).
There are other ways to learn about Internet Marketing. Another favorite of mine is NitroMarketing.com. Get some free goods at this site that will set you apart from the Internet crowd.
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