How to Turn a Hobby Into Retirement Income

Step-by-Step Guide

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   Step 1: Examine talents and hobbies in order to discover the best retirement career path.

   The best options revolve around the activities a retiree already enjoys.
   
   All those projects they couldn't wait to get to when they retired are prime candidates for producing retirement income.
   
   Hobbies such as knitting, painting, poetry writing, woodworking, gardening and even traveling are good examples of potential retirement careers.
   
   For example, seniors who love to travel could turn those travel adventures into a career as a travel writer or tour guide.
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   Step 2: Transform volunteer work into jobs for retirees.

   Seniors who have been volunteering with a local non-profit can find ways to turn their passions into a business.
   
   For example, youth mentoring skills may lead to a summer leadership program for teenagers. , Jobs for retirees often stem from the technology, marketing, communication and sales skills developed during the working years.
   
   For example, a retiree could combine a passion for food with well-honed writing skills to start an income-producing blog or website.
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   Step 3: Turn previous career skills into a new retirement venture.

Detailed Guide

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