There are many professions that be taken up via retraining

How to build income and wealth for retirement 4b: Ways to boost your retirement income by starting a business


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.

Start a 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.

Other articles in this series


How to build income and wealth for retirement: 1. Identify the obstacles

How to build income and wealth for retirement: 2. How to create more retirement income

How to build income and wealth for retirement 3a: Getting the best from different investment classes -Through Shares

How to build income and wealth for retirement 3b: Getting the best from different investment classes -Through quoted Bonds and Gilts

How to build income and wealth for retirement 3c: Getting the best from different investment classes - Through day trading

How to build income and wealth for retirement 3d: Getting the best from different investment classes - Through unquoted bonds and loan notes

How to build income and wealth for retirement 3e: Getting the best from different investment classes - Through savings and cash

How to build income and wealth for retirement 4a: Ways to boost your retirement income - By investing in property

How to build income and wealth for retirement 4b: Ways to boost your retirement income - By starting a business

How to build income and wealth for retirement 4c: Ways to boost your retirement income - By reducing costs and outgoings

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How to build income and wealth for retirement 3c: Getting the best from different investment classes through day trading

In this part of the series we examine if day trading could work to help build a pensionable income

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How to build income and wealth for retirement 3d: Getting the best from different investment classes through unquoted bonds and loan notes

In this part of the series we examine if unquoted bonds and gilts could work to help build a pensionable income

Retirement 3e

How to build income and wealth for retirement 3e: Getting the best from different investment classes through savings and cash

In this part of the series we examine if savings and cash could work to help build a pensionable income

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