Inflating Prices Require Supplemental Income
Retirees are certainly feeling the bite of inflation as their fixed income just isn’t keeping pace. But, this started long ago and for those of us still working, our best defense against inflation is our earning power. A regular 9-5 job is a part of this earning power but the real key to retirement is a full undertainding of the difference between active and passive income. This video at Key2Retirement.net provides a thorough review of the “why” behind the need to diversify income among active and passive income sources and outlines some options you can start pursuing today prior to retirement to bolster your spending power during retirement.