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 ...

Reinvent Your Life In Retirement

September 25, 2017

Is it possible to reinvent yourself? You’ve probably spent your life thinking that by the time you reach “a certain […]

Read More
Roxie Bennett Resilience Life Coach

A Story Of Resilience: How To Overcome Bankruptcy, Obesity and Prescribed Medication – Video

June 15, 2020

When something shattering happens in your life you have two choices: give up or be resilient.  Roxie Bennett chose resilience. She lost 20 kg in 12 weeks, overcame her use of prescription medicines and re-established her life after bankruptcy. Now she shares this with clients as a life coach and author of a new book ….

Read More
Tough Interview Question – "What Do You Dislike About Your Job?"

Tough Interview Question – What Do You Dislike About Your Job?

February 6, 2017

How to answer a tough job interview question? What will be your answer if the interviewer suddenly asks you a […]

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

Phone Interview Tips – 5 Tips to Prepare You For a Telephone Interview

February 14, 2019

If you are invited for an online or telephone interview you must prepare for it as you would for a […]

Read More
6 Things You Need To Know Before Retiring To Another Country

6 Things You Need To Know Before Retiring To Another Country

August 7, 2019

Retiring to another country is a very popular option for many people.  Malaysia and Thailand are the top retirement countries […]

Read More
DrShirleyMD Guest Author On Obesity

The Money Making Scandal That Is Obesity

March 19, 2019

Originally published as ‘Obesity – it’s a money making scandal’ by Dr Shirley MD, republished with the author’s permission. I […]

Read More

Are You Using The Best Career Change Strategies?

April 3, 2019

  Do you have a career change strategy? Implementing the best career change strategies can be your secret weapon for […]

Read More
Are Paper Resumes Dead?

Are Paper Resumes Dead?

September 2, 2018

Today’s world is basically run via e-mail, text messaging and instant messenger. The advancement in such technologies has turned things […]

Read More

How to Handle a Career Change Late in Life

September 7, 2019

How to Handle a Career Change Late in Life Changing your career is a nerve-rattling experience no matter what age […]

Read More

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: […]

Read More
6 Step guide for a successful job interview

Preparing for Your Job Interview Questions and Answers

February 17, 2019

It’s time for your job interview!  You need to perform at your best so you are in the optimal position for a job offer. You don’t want to mess up any of your job search, especially now you’ve been invited for a job interview.

Read More
Regain your confidence after its been shattered

How To Regain Confidence In Your Career

December 17, 2014

When your confidence has been shattered it is difficult to pick yourself up and move on in your career and […]

Read More
Flexible work in Ireland

Flexible Job for Baby Boomers – How to Enjoy a Retirement Vibe Without Retiring

March 13, 2019

 beBaby Boomers – How to Enjoy a Retirement Vibe Without Retiring My 79-year-old widowed mother has a part-time job aiding […]

Read More
5 Tips on How to Answer Video Interview Questions

5 Tips on How to Answer Video Interview Questions

September 18, 2019

Are you getting ready for a video interview? When you’re looking for a job, sometimes you might find yourself interviewing […]

Read More
Facial Palsy Bells Palsy

Hiding Behind A Mask: Facial Palsy

November 18, 2019

Sometimes life has a way of reminding us that we are fairly powerless and inconsequential. Bilateral Facial Palsy Eleven days […]

Read More