A diversified and well constructed portfolio is critical to income flow at retirement. In this part of the blog series we look at ways to boost your retirement income by starting a new business.
Perhaps you haven’t considered the options for starting a business. If you are approaching retirement age, then it is doubtless that you want to start a world-scale enterprise. There are many options for doing things that you enjoy and can earn you money.
There are many professions that be taken up via retraining such as teaching or careers in business consultancy.
The internet, of course, also offers considerable opportunities to create a small business and generate revenue from a variety of mediums.
The great thing about all these businesses is that they can be picked up and put down as you wish, and/or run via a computer from anywhere in the world.