Financial Freedom For Seniors: “My Social Security Isn’t Enough!”

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The term financial freedom gets kicked around a lot today. But it’s not a cliché. You can achieve it! It is possible to supplement your social security in some fun and interesting ways as you work from home. I’m exploring one of them here.

How many items on this list can you identify with clearly?

  • There’s more month than money.
  • It’s a struggle to make ends meet.
  • I can’t afford it–your answer to just about everything.
  • My social security benefits don’t cover the necessities.
  • I am not able to work a job because … (fill in the blank with one of many valid answers).
  • How could I be this age and be so unprepared for my “golden years”?
  • Boredom is about to swallow me up. I want some fun and purpose in my life.
  • I’ve spent all my life learning and doing; now I feel so useless.

If you relate to any or all of these comments, you’re in the right place at the right time! Let’s take a closer look and uncover a true solution.

How to Make Money in Your Retirement Years

You may be in your 60s or older. You may be retired, meaning that you no longer go out into the day-to-day workforce and hold down a job. But that doesn’t mean that your life is over. You’re not finished yet!

I worked for myself for almost my entire adult life. From designing and manufacturing automotive parts to helping people write and publish their own books, I have a lot of experience, knowledge, and wisdom learned from all of that!

I think you are very much the same as I am! You may not have been self-employed, but whatever you did throughout your life honed some skills in you. You learned wisdom and gained much usable knowledge along the way.

And then one day, for whatever reason, you “retired.” The knowledge, skills, and wisdom didn’t go away that day. What changed were your schedule and your income. At some point in that transition, your world seemed to change forever. For some, that was wonderful, but for many, that was not so great.

How I Came to “Retire”

Let me share a little of my own story to demonstrate my point. There were some serious health issues that loomed up in my life when I was nearly 60. At the time, I was deeply involved in editing and writing. For a couple of years I became so sick I could barely work at all.

It doesn’t take so long for savings funds to dissolve away in situations like that. After wading through all the stress of both getting well and dealing with the financial challenges, I made a decision. I took a hard and realistic look at my situation and weighed my options with equal candor and honesty.

The answer for me was to take my social security benefits at age 62. This decision took pressure off of me to work while I was recovering from the illness. However, because that was not full retirement age for me according to the social security guidelines, it meant that my monthly benefit amount would be quite a bit less than if I waited until I was full age.

Even at that, I believe I did the right thing for myself by taking the benefits when I did. Doing so helped me out in paying my monthly bills. But that amount alone spelled out a dim and impoverished future, for sure.

Get a Handle on Your Finances

If you are in this same kind of situation and haven’t done so yet, I encourage you to check out your situation by going to the social security website. There you can learn the accurate details about your own benefits, etc. This is necessary in order to make good decisions for yourself as well. It’s free and simple to use. Bring your financial counsel into this as well.

As my health improved I could once again function like a real human being! That’s when I became so aware of still having all this knowledge, skill, ability, wisdom, and even desire to do more. I was miserable feeling like I had no value anymore, but still wasn’t able–or desiring–to go find a regular job.

Residual Income for Seniors

Now, you may be way different from how I am, but I’m betting that some of you get what I’m talking about here. Even if you’ve reached your senior years and have a great retirement income, there still can be a sense of something missing. Financial freedom looks different to different people.

For me, I like to help people. That’s why I so enjoy working with authors to get their books written and published. I feel the same way about helping you find a retirement-age source of residual income to enhance your “golden years.”

So, what is this work from home option that I’m talking about? It’s simply you becoming a blogger! Now, don’t kick this to the curb just yet. It’s not nearly as difficult as you probably imagine it to be. And the rewards vastly outweigh the learning curve and the cost.

Blogging is simple to do…no, really, it is! And it is fun! Think about it: you can actually make some extra income by sharing what you love, what you’re good at, what you know. That just doesn’t ever really feel like work.

Seniors Blogging

Creating and maintaining a blog requires commitment, some time, some effort, some diligence, and patience. It takes some money (not as much as you might think). And it has the ability to generate an income for you. That is great news! And it’s all wrapped around what you love and enjoy.

Think of the stresses an extra income can break for you:

  1. Financial burdens
  2. Feelings of having no purpose
  3. Boredom
  4. Isolation
  5. Diminished quality of life

There are so many stresses that could be on this list. How many can you think of yourself, things that would be so different if you just had more money each month? Yes, the list is just about endless, and it’s different for each of you!

What’s Standing Between You and Financial Freedom

Some will say:

a) I’m too old
b) I don’t know how
c) I can’t do anything like that
d) I don’t know if I’m well enough
e) I can’t afford it
f) I’m not a writer
g) I’m afraid to try

Here is my response to each of those “blocks” that would stop you from moving forward into financial freedom: they’re all lies. They’re all smoke and mirrors to stop you before you ever start.

You are not too old, therefore, you can learn how just like everybody else out there blogging. Your experience tells you that you are intelligent and can learn to do it.

You can pace yourself to fit your health requirements. (Some extra income might work wonders on your health situation as well. Much pain and sickness seem to be impacted by emotions and stress.)

As to affording it, the costs are not as high as what you probably think. And there are ways to come up with some money through saving, selling some things, even doing a few odd little jobs here and there.

Most bloggers will tell you they are not “writers” either. I can assure you first hand that writing blog posts is a whole different thing than writing books and such. It is fun, simple, and conversational–an excellent way to share your knowledge, skills, and experience.

I’ve  heard fear described as false evidence appearing real. That is the truth! You might be nervous because you’ve never done it before. But think of all the times in your life you’ve done something new and felt nervous about it. In the end, you conquered that fear and became quite proficient at that skill. Blogging is no different!

In Conclusion

In this post, I am not going into depth about what blogging is or what is fully entailed in the process. That will come later in future posts. Here I just want you to think about your life, your happiness, and your financial picture.

When I first started to write this, I envisioned a single post, period. Now, however, I recognize that there is so much to talk about that I’m going to do a series on this topic.

If you have questions or would like to talk with me more about bringing financial freedom to your situation or even get started blogging now, please contact me. I am happy to help you!

Look for more about seniors prospering online here in the future.

Thank you and God bless!

Hi I'am Jane Rucker

Writing is my passion. It consumes me. What a blessing it is to work from my home studio tucked away in the Ozark Mountains of southern Missouri! I enjoy sharing my life, my faith, and the hidden treasures all around me in these beautiful hills.

Comments (2)

  1. Lisa Thurman

    April 2, 2017 at 6:17 PM

    Good job Jane – that was so helpful to me – Bless You!!

  2. Jane Rucker

    April 4, 2017 at 11:31 AM

    Thanks, Lisa!

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