Can passive income be used as a retirement strategy, and what factors should I consider?

[bestwriter]

When one has stopped working sources to look for are those that can generate passive income.

 

[King Belieal]

Passive income streams such as real estate can easily be used to provide an income source for when you retire. But it must be substantial investment for it to serve the purpose.

 

[Shavkat]

It would be great to have this idea. Unfortunately, I have not found anything that could earn passively.

 

[Ratine]

Of course yes. Passive income can be used a great way for the saving for the retirement provided that it would be made consistently.

 

[IB D]

Real estate in a large scale can be used as a very good source of income for retirement.

 

[abra10]

Yes passive income is a smart idea. Start investing early and do postpay

 

[theearner]

undoubtedly , passive income is a creative way to support retirement! I believe reliability and sustainability are main factors—no one wants to worry about income suddenly drying up during retirement. Diversification is also super crucial to minimize risks.

 

[Ratine]

I think that depends on the scale size of the means of the passive income for sure.

 

[Hate2Wait]

Yes, we can use our passive income to make strategy that can help us with our retirement planning. If we have different passive income streams then it'll be best.