Retirement Entrepreneurs Blog

Comments, rants and tips on baby boomer small business ideas
and working after retirement.


Author: Ingvar - Retiree In Training  


Working after retirement

Monthly Archives: JANUARY 2011



Need a grant to start your new business? Many grants are available for businesses, and many would-be business owners have no idea that there are billions of dollars available from many different sources. Over $150,000,000,000 is available for small businesses, and you can apply for as many grants as you want. You don't even have to worry about having bad credit - there are no credit checks. For government grants, ...

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I have spent some time analyzing the performance of my websites. One of the things I work on is where to spend my resources to get the most profits from either advertising or affiliate income. It's about the value of keywords and niches. A blog/website about any hobbies/sports/entertainment usually pays much less than sites about mortgages, taxes or any law related sites. On the other hand, it's easier to get traffic for hobby sites - ...
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As 100 Million baby boomers will start hitting the age of 65 researchers are having a hard time figuring out how long we will live. It's interesting to think about, because if we live too long - we run out of money. If we die young we can't take it with you. It would be great if we could plan so that when the end comes - the bank account is zero.

Statistics show ...
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The other day I wondered what I would do if someone came and said that the income I now have from my internet business will be guaranteed for life and they would take my computers away. Like someone retiring from the job they enjoyed and suddenly stopped.

That though gave me the creeps. I don't think I could leave this alone. My websites are like babies. They need nurturing and feeding. And I ...
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Of course your retirement business should be "Part-Time". You are retired from your day job. Why would you want to go back to the grind of a full time job? Keep in mind, if your business is so much fun and exiting that the hours just vanish into thin air - it's OK. Then it's a life style.

What is part-time to you? 10 hours a week? 20? This should be part of your ...
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Most entrepreneurs build businesses with the thought of selling the business at some point in the future. Which is of course the perfect exit strategy. IF the business is easy to sell. One of the roadblocks in selling a business is if the owner is the business brand. If you own Joe's Investment Advisors, YOU (Joe) are the individual people seek out for advice. Often from referrals from friends and clients. A business like that ...
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I use search engines all day. Google isn't the only game in town, although it is capturing 67% of all Internet searches. The bulk of the rest is through Bing and Yahoo although they tend to use the same database. I often search both Bing and Google to find stuff and to analyze keywords. So to save me some time I built a cool little dual search engine. Here you can safely search both Google ...
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Like many budding retirement entrepreneurs you want to start a business. Any business. You might have a plan already, you know what business you want. Retail? Online - whatever. Here's what you need to ask yourself:

Are you able to weather the economic roller coaster? All businesses experience ups and downs. The ups are great, the down painful. Do you have enough money to handle the downs? Are you emotionally ready for the down ...
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Going back to what you need in the bank to earn $1,000 per month. Safely. It's $250,000. That's without touching your capital. At 5% - very safe.

The thing I have been pondering is how safe is safe? How safe do you need? Would you increase risk for a better return? That's the stock market game of course. Investment advisors always find out your risk limits. Would you increase your risk factor by ...
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How much do you need to generate $1,000 per month in retirement? Let's say you can get 5% return on your capital. To calculate how much principal you need take the annual income desires and divide by the interest percentage. So to receive $1,000/month you need $250,000 in the bank. ($12,000/0.05)

To receive $4,000 a month then - you need a cool million bucks saved up. Don't have it? Then you might consider joining ...
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