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Maybe you fell behind and are now feeling the pressure to cut costs wherever possible.
Maybe youre getting by only onSocial Security.
No matter where you stand financially in your retirement, you may be wanting more money.
GOBankingRates spoke with financial experts to learn about sixways retirees cancreate an additional income stream.
Cash In on Your Hobbies
Have you taken up or even mastered a hobby in retirement?
Think about ways you could profit off it.
And you neednt go all out trying to make a mad profit right away.
Same goes with bonds.
Both options can provide retirees with steady interest payouts without risking their Social Security benefits.
Sell, sell, sell!
This option not only provides income but also helps declutter your living space, Gammon said.
you’re able to sell items through online marketplaces like eBay or at local consignment shops.
These opportunities can vary from medical research studies to consumer product testing, Gammon said.
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