Think Outside the Box
Think Outside the Box
Think Outside the BoxStocks, bonds, annuities and real estate are not the only ways to generate retirement income from your savings. Many retirees are getting creative and are investing their money in small businesses that can provide a long-lasting income.We have heard of people investing their savings in a small inn in the country and others who have bought a taco shack on the beach. There are lots of opportunities that could throw off just enough income to keep you going.Best of all, the business will keep you active and engaged as you age.Of course, these types of ventures can be risky and you should know something about running the type of business you invest in. Also think about your plan if your health deteriorates.