Starting Over: Why Residual Income is the New Retirement Strategy
Many of us spent our careers in commission-based roles—advertising, media, or sales—where we were excellent at the “hustle” but perhaps didn’t plan for retirement as well as we should have. It’s a common story, and frankly, it’s something they never taught us in school.
As of this past December, I began receiving my Old Age Pension. When combined with a few other small pensions, it adds up to a “whopping” $1,300 per month. For most of us, that simply isn’t enough to sustain the lifestyle we want.
My Journey Through the “Reset” Button
I didn’t truly learn about financial planning until my 30s. At that time, a difficult divorce wiped me out financially, emotionally, and spiritually. Starting over back then was a different world; the internet was in its infancy, we were still using BBS systems, and Windows was years away from becoming a household name.
I know I’m not alone in this experience. Eight years ago, I faced another “reset” when my company shut down and I was laid off. Once again, I was starting from zero.
The Power of Residual Income
Instead of giving up, I dove into Affiliate Marketing. I built that business up to several thousand dollars a month. I loved the freedom, but as we all know, “life happens,” and it is easy to get distracted.
However, the core lesson remained: Residual income is king.
Having worked in ad sales for newspapers and radio, the concept made perfect sense to me. In those days, once you signed a client, you earned a commission every month they stayed active. Online marketing allows us to do the same thing today, but on a much larger scale.
Are You Ready for Your Next Act?
So, let’s talk about retirement. Are you set up to supplement your pension income if you need to? Many people in our age bracket are looking for a way to bridge the gap, but they don’t know where to start.
I want to help.
I am launching a weekly newsletter focused on online marketing strategies specifically for our generation. It will be:
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Free to subscribe.
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Short and to the point.
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Practical advice you can actually use.
How to Join: If you want to receive the newsletter and start exploring how to add to your monthly income, simply send me a message. It’s that simple.
Let’s make this next chapter our most profitable one yet.