retirement income Archives - Rick's Daily Tips

Boost your retirement income by becoming a blogger

Posted on December 19, 2022

Have you recently retired from your working life only to find that you could use some extra retirement income?

Many new retirees have trouble adjusting to their new lifestyle, and it’s often caused by a sudden drop in income.

Even folks who took steps to prepare for their retirement can face financial difficulties after they stop receiving a regular paycheck from an employer.

There are many ways for retirees to supplement their retirement income, but one of the best just might be something you’ve never even considered: Writing a blog! [Read more…]

Scam alert: Beware this insidious scam targeting retirees

Posted on June 26, 2022

As you probably know, interest rates are extremely low due right now due to the Fed’s actions in response to the Covid-19 pandemic.

And that of course has drastically lowered the amount of interest that most retirees are drawing on their interest-bearing retirement accounts.

Millions of retirees live at least partially off the interest earned from those types of accounts, and a great percentage of them depend on earned interest for the bulk of their retirement income.

To be sure, many retirees are hurting hurting financially right now.

Unfortunately, the desperation shared by many of our retirees has made them a prime target for scammers.

[Read more…]