How Retired People Can Make Money?

[timewo]

I think most retired people live off of pension. However, you have indeed mentioned that that is not possible in your country. I think the next best thing would be to start up a low-scale small business, like a shop nearby - and have a young relative look over it.

Only government employees get a pension in most countries, other retired citizens have to rely on their savings to pay their daily and medical expenses or do some work.

 

[Sanjeev]

Only government employees get a pension in most countries, other retired citizens have to rely on their savings to pay their daily and medical expenses or do some work.

That's true most of the countries have this policy. In India, it is stopped even for government employees too.

 

[cherry123]

Retired people can use their experiences and skills to start an online business which has a passive income for them.

This will be very helpful to them as they wouldn't really have to stress themselves doing the business

 

[hastral45]

Retired can earn money by engaging in online business. There are several online businesses he can do without stress. He just need to learn one.

 

[Raja]

To make our after retirement life easier better start with your own business and look for passive income.

 

[Passiveearner]

To make our after retirement life easier better start with your own business and look for passive income.

There are many people who tend to make money after they get retired. They make money by being an angel investor who tends to invest money in different kinds of businesses.

 

[Imran Noori]

But I don't feel bad when I see retirees working because it helps them to still be strong. So anything they can do will help them

You are right, working after retirement will show them strong people.

 

[cherry123]

You are right, working after retirement will show them strong people.

Sure but having a business that's is not really stressful will help the most

 

[Imran Noori]

Sure but having a business that's is not really stressful will help the most

Business is a way that can even help someone to retire earlier.

 

[iyanpol12]

Here in our country, some retired people set up a small store at their homes.

 

[uptrendfinancialsignal]

Retired people can engage in rental properties because it is a passive way to make money for the seniors.

 

[Hate2Wait]

Retired people can engage in rental properties because it is a passive way to make money for the seniors.

It's the best way for them but they need money to have those properties and only then they can rent and make money

 

[freelancermaria]

My parents are both retired and earn money from rental property. It is a small room, though, but it helps in paying the bills.

 

[Hate2Wait]

Having a business that can help you earn even when you are retired is best as it will also help your coming generations to earn