As a part of your retirement planning, have you thought about continuing to work after retirement?
Linda and I have been planning for some time. As part of this, we performed considerable study and experimentation on the Internet. From the results of this study and experimentation, we decided as part of our retirement to use the Internet as our work to make supplemental retirement income.
Let’s do a fast calculation and see the impact of an after retirement job on your retirement finances. Let’s calculate the amount of investment that you need to generate a monthly income of $1,000 per month.
To do this we need to make a few assumptions. Assume the income generation rate of your investments is five percent (5%). Let’s assume that we are not going to take any principle from your investments to do this. This will leave the principle intact for use later after you have stopped working in your retirement job.
The calculation is how much principle is needed to generate $12,000 per year ($1,000 per month). The formula is principle divided by the income interest rate ($12,000/.05 = $240,000). I think you will agree that is a large amount necessary to generate $1,000 of income per month.
However, a thousand dollars per month is not too large an amount to expect to make in a retirement job and just look at the impact that it has on preserving your retirement investment.
Another beauty of a retirement job as part of your retirement planning is that you can find a job where you can work from home on your own schedule. If this interests you, keep reading. Retirement Jobs Online is designed to help you find that ideal job.
There are numerous possibilities for retirement work on the Internet and this site will help you explore those possibilities. Our goal is to give you the information that you need to decide if this is for you. We encourage you to make this part of your planning.
Thousands of people are using the Internet to make a full time living. Why not use it for retirement work and make some money to boot? This will be a nice supplement to your retirement income from investments and Social Security. And you can have some fun in the process.
This site is well organized to help you learn the necessary information to make an intelligent decision about the possibility of using the Internet as a retirement job. If you want to learn more about this as part of your retirement planning, click the Study Guide link to begin your education.