Retirees may find it challenging to make ends meet, even with a Social Security paycheck and dividends from a nest egg. In such cases, one potential solution is taking on side gigs to generate additional income. However, as individuals age, physical stamina, cognitive capacity, and personal interest may limit their pursuit of traditional retirement hobbies and side gigs.
One alternative is maintaining a blog, creating videos, or live streaming for others, as long as there is an audience to monetize from. Engaging in side hobbies during retirement can provide extra income, an opportunity for socialization, and the means to stay mentally and physically stimulated.
If one is selective in their choices and willing to engage in due diligence, they can build a compatible range of side hobbies that align with their retirement income goals.
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