How to become Rich: Retirement

Riches in retirement

If this is the first article that you're reading in the How to become Rich series then I encourage you to go back and read The Basics first.

This is the final part of the series How to become Rich. If you aren't a multimillionaire by this time or you're already in retirement and have just found this article, never fear. All is not lost! I can't promise that you're going to start making your millions but there are certainly things you can do to improve your finances. Plus, 60 is the new 40, right?!

I would note that if you're very comfortable in the lifestyle that you lead now then go ahead and carry on enjoying it! However, if you'd like to have more income, or grow more wealth for whatever personal reasons you may have then you may want to read on.

Part time job

You may consider yourself well enough to work. If so, why not get a part time job? If you don't need to depend on the income then why not try something that you enjoy doing. Give it a real go and put all your passion into it. For example, you may have had an idea for a business. Now is the time to try it! Using the internet, nowadays businesses can be started with fairly little money. Simply by creating a little traffic on a site can generate advertising revenues.

Financially proactive

As the section title suggests, if you aren't happy with what you have and want to generate more wealth then you're going to have to put in some effort, go out there and work at something.

Once retired, with more time available, utilize it, be proactive and create something, whether it be a business, art, developing a hobby.


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