fbpx

Your Income

Your income funds your lifestyle. When you stop work as an employee, or close a business, that money stops. Then you have to rely on your investments. You’ve always known this was going to happen.  But such is the nature of we humans that it can still come as a bit of a jolt when you retire.  Suddenly your stream of income has stopped.

For much of our working lives our generation has been putting money aside for retirement. Compulsory Superannuation in Australia commenced in 1992.  Before that many people were paying into superannuation funds through their employer.

For the majority of people, even if you have been diligent about saving and have your superannuation well managed, your income won’t be the same as before you retired.

Are you completely happy with the income that you currently have? Can you do anything to boost your income?

Young at Heart encourages our readers and clients to start by considering what really matters to them in their future lifestyle. With that awareness you can plan how to create a lifestyle that fulfills you. This does not mean that everyone will be able to live like millionaires!  Realistically most people can’t have every element of the lifestyle they would like. But it does mean that you can build in aspects of your desires to create a fulfilling enjoyable life that you enjoy.

Not enough income? Young at Heart encourages you to consider how you could create an income stream through some business venture, and guides you through the process.

Visit Retirement Income, Learn About Online Business or Start A Business to read more about how you can increase your income.

Articles

  • Getting an income when you’re young at heart in the USA 2023 January 31, 2023
    There are many ways that seniors in the United States can get income. Here are a few suggestions: Social Security: Most seniors in the United States are eligible for Social Security benefits, which provide a monthly income. Pension: Many seniors receive a pension from their employer or from a union, which provides a regular income. Investment income: If ...
  • The pension system in the USA February 12, 2022
    The pension system in the United States is a system that provides regular income to individuals after they retire from work. There are several types of pensions available in the United States, including: Social Security: Social Security is a federally administered pension program that provides income to retired workers and their spouses. It is funded through ...
  • Financial planning October 23, 2020
    What is a financial plan? A financial plan mainly reflects the current financial situation of a person, the person’s monetary goals, and the necessary steps to be undertaken to achieve those set goals. A financial plan may be personally formulated or with the aid of a board-certified financial planner.  What are the steps involved in financial planning?  First ...
  • A Very 21st Century Strategy To Boost Retirement Income By Renovating Assets June 29, 2020
    Boosting your retirement income by buying and renovating assets for sale or ongoing income isn’t a new idea. But the way that Liz and Matt Raad approach and teach this strategy is very 21st century. If you are a person who likes the idea of updating your existing skills and increasing your income at the same time, ...
  • Do I have enough money to retire? October 14, 2019
    “Do I have enough money to retire?” is a question that is asked many times every day by people who are approaching or have reached retirement age. This generation known as baby boomers has always charted an original course. While baby boomers have grown to become leaders of industry, published scientists and scholars, brilliant artists, musicians ...
  • Should You Venture into the Forex Market? September 17, 2019
    As an investor and retiree, you might be thinking of diversifying your investments and finding new ways to increase your earnings. You may be wondering if you should venture into the forex market. We will take a closer look. What is the Forex Market? The foreign exchange market is the largest and most liquid trading space in ...
  • How Baby Boomers Can Create Extra Retirement Income September 14, 2019
    Do you feel like you might need to create extra retirement income? Are you hurtling towards retirement age only to realise that your retirement income is going to be less than you need to live a comfortable retirement lifestyle? Would you like to generate additional income but you really do not want to have a ...
  • 5 Things to Know Before Starting Your Own Business August 8, 2019
    Starting your own business is exciting, intimidating and invigorating all at once. Read on to find the 5 things you must consider before you make the decision to become self-employed.
  • Freelancing to Supplement Retirement Income April 5, 2019
    Have you thought about doing freelance work to supplement your retirement income? Do you love to voice your opinion on paper, have you always dreamed of writing a book? Do you like to voice your opinions on any and every subject that is a hot topic in the news? It does not take a journalism degree ...
  • Ways to Earn Extra Retirement Income January 19, 2019
    Have you considered how you could boost your retirement income? Some people consider retirement is when income and career stop…dead!  Many have never considered that they could earn retirement income. Life after retirement is supposed to be stress free but it may turn out to be the most stressful time of life for many because they ...
  • Robert Kiyosaki Challenges Your Thinking About Work and Money May 31, 2018
    Work and Money Tips from Robert Kiyosaki Robert Kiyosaki, author and entrepreneur, became famous for his Rich Dad Poor Dad series of books. In this video he outlines his four-quadrant model which illustrates four very different attitudes to work and money. The Employee seeks security. The Small business owner or self-employed thinks they need to do everything themselves ...
  • How To Overcome A Financial Setback And Still Have A Great Retirement May 24, 2018
    Let’s face it, the road to retirement isn’t always straightforward. Even with the best planning, many of us are likely to have to experience at least one financial setback in our life. The older we get, the more stressful if can be.
  • Boom in Boomerpreneurs January 15, 2018
    What is a BOOMERPRENEUR? Definition: A Boomerpreneur is an entrepreneurial person who was born as part of the baby boomer generation. Many people in the baby boomer generation desire elements of a retirement lifestyle…freedom, travel, less stress. But they want to combine this with some income producing activities. This has lead to a trend towards many of ...

What to do for two weeks in Budapest

October 31, 2022

Budapest is a beautiful, historic city with a wide range of things to see and do. Here are just a […]

Read More
Goal setting mistakes of baby boomers and how to avoid them.

Top Four Goal Setting Mistakes

June 15, 2020

Don’t get so comfortable with your life that you forget to make goals. These four goal setting mistakes are the reason why many people fail to achieve what they want.

Read More

A Guide to Great Smoky Mountain Vacations

April 12, 2022

There’s a wide variety of destinations in this region. The Great Smoky Mountains National Park offers an enormous range of […]

Read More
Older workers job search

Important Job Search Tactics For Older Workers

April 20, 2019

Baby boomers faced with the prospect of job searching—in some cases for the first time in years—need to employ more […]

Read More
successful-interview-questions

Interview Questions To Ask And Avoid

July 12, 2020

If you want job interview success it’s best to prepare a well thought out list of intelligent interview questions, regardless of the level of seniority you have achieved during your career. You will impress your prospective new employer during the interview process if you demonstrate knowledge of their business and ask appropriate questions. 

Read More
face your fears - man holds hand out in fear

How to Regain Your Confidence: Face Your Fears

October 29, 2014

Regain your confidence by facing your fears Confidence is critical, but when you are experiencing problems and want to make […]

Read More

How To Tap Into The Hidden Job Market

March 4, 2019

Tap into the Hidden Job Market! Cast your job search net wider and be proactive by tapping into the hidden […]

Read More
mature business man

Has Ageism Affected You?

September 11, 2019

Jumping on the ageism bandwagon I’ve been asked a lot lately about whether age discrimination is the reason that a […]

Read More
Christmas tree

7 Ways To Know You Need A Christmas Holiday

December 23, 2014

Christmas hit me early this year. Usually I am a fairly self-motivated person. I don’t need someone else to organise […]

Read More

Croatia Cruise Experience

September 24, 2014

A Cruising Holiday: Croatia Cruise Experience We have just booked an amazing holiday for August.  Croatia cruise vacation and touring […]

Read More

How To Deal With Conflict In The Workplace (And At Home)

March 15, 2019

Managing conflict in the workplace Dealing with difficult people and conflict in the workplace are serious issues that people usually point […]

Read More
Photo taken from the video interview ofJohn David Mann, co-author of The Go-Giver

An Interview With The Go-Giver John David Mann

September 23, 2017

Interview with John David Mann the Co-author of “The Go-Giver” This week I really enjoyed watching the video which I […]

Read More
Empowerment for Mature Age Workers

Empowerment for Mature Age Workers

March 12, 2019

Career Change and Empowerment for Mature Age Workers As you grow older your responsibilities change. Switching from full time to […]

Read More
Stay at Home Moms Returning to Work

Stay at Home Moms Returning to Work

April 20, 2018

Due to the economy a lot of stay at home moms are finding themselves having to go back into the […]

Read More
5 Important Tips To Guide You In Writing Professional Resumes

5 Important Tips To Guide You In Writing Professional Resumes

August 9, 2019

As an experienced professional, searching and getting another professional job with better benefits would be easier if you draft an […]

Read More

Walking in the Footsteps of Ancient Civilisations in Delos Greece

May 27, 2019

Walking in the footsteps of ancient civilisations in Delos, Greece I won’t try and tell you the history of Delos […]

Read More