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 ...

Six golden tips for cheap retirement travel

December 30, 2012

When you retire from the employment or business that has kept you busy many people finally get the chance to […]

Read More

Home loan interest rates, federal funds rates and inflation in USA

March 11, 2023

Correlation There is typically a correlation between home loan interest rates, bank cash rates, and inflation in the USA. Home […]

Read More

A Few Ideas For Weekend Road Trips

October 14, 2023

Tennessee, Johnson City to Gatlinburg. Dang beautiful, these 90 miles of rural Tennessee might inspire you to grab a banjo […]

Read More
Act and create your retirement income

Make It Happen – Create Your Retirement Income

September 15, 2019

Are you ready to make it happen? It’s time to create your retirement income. Throughout your life you’ve heard this […]

Read More
part-time job for retirement

6 Part-Time Jobs To Give Your Retirement Added Purpose and Income

September 16, 2019

When you’re looking for a part-time job in retirement, you want something that will boost your income. However, you also […]

Read More
Graphic representing London

Visit London: 10 Good Reasons To Include London In Your Holiday Planning

January 16, 2019

If you are planning a holiday you should consider these 10 reasons to visit London. There are so many wonderful […]

Read More

Let Your Resume Tell Why You Left Your Last Job

April 8, 2017

It’s never fun to think about the awkward situations that you will run into when you reach the interviewing stage […]

Read More
Your Job Search Brand: YOU

Your Job Search Brand is YOU

February 26, 2019

YOU are your ‘brand”, and the way you present yourself to future employers is the way that brand is being marketed. Are you doing all you can to make the best impression?

Read More
Challenging Traditional Retirement

Challenging Traditional Retirement

June 15, 2020

With the trend of people living longer many people worldwide are challenging the paradigm of a traditional retirement. An increasing number of baby boomers are questioning the retirement goal of leaving work at 65 for a life of leisure.

Read More

Losing Your Job Can Be Emotional

September 1, 2014

Redundancy isn’t the sort of news you expect to get by text message. The major construction company Thiess has sent out […]

Read More
moving tips for people who are downsizing

5 Moving Tips When Downsizing Your Home

May 20, 2019

Moving is never easy, but for baby boomers heading into the next phase of life it can come with all […]

Read More
Coromandel Peninsula NZ

Visit New Zealand – Coromandel Peninsula

September 10, 2014

About 2 hours drive from Auckland New Zealand is the Coromandel Peninsula, an area of extremely beautiful scenery.   Blue seas, […]

Read More
How to Start an Online Business

How to Start an Online Business

July 21, 2013

Do you want to start an online business? Are you considering an online business? Do you want to start an online […]

Read More
Phrases to Avoid in Your Resume

Words to Avoid in Your Resume

March 18, 2016

What are the Words to Avoid in Your Resume? If you want to avoid being passed over for an interview, […]

Read More
How Baby Boomers Can Create Extra Retirement Income

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 […]

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