Senior Affiliate Marketing – The Best Supplemental Income

Photo Of RichardHi my name is Richard and as we all know retirement is inevitable. At least that’s what has been the norm for decades now. Sooner or later, you will have to leave formal employment, which is what ‘retirement’ is by definition.

Learn The Secrets To A Comfortable Retirement

One thing I have observed a lot of people ask when it comes to retirement is, “How much money do I need to retire?”

The average age that people retire is 60. It could be higher than that, but in most countries, people have a mindset that they shouldn’t be working anymore by the time they reach their 60th birthday. The same people also think that the reason they need to work is for them to have enough money to sustain them when they’re no longer capable of any physical activity.

My question is, do we really need to “retire” and stop earning money? What if there was a way to stop “working” and still earn enough money to last a lifetime or two? That’s what we’re going to talk about in this post. But first, let’s establish the fact that saving money is key to a wealthy retirement.

Consider Other Streams of Income

Success Through Multiple Streams Of IncomeHaving multiple streams of income allows you to be in a strategic position to be prepared in case your main source of income fails. A lot of working individuals do not understand this, which is why they end up with a bad retirement. The best thing about the age we’re living in is that the opportunities of having other income streams is just limitless.

You may be working a 9-5 job, but that doesn’t mean you don’t have any hobbies you couldn’t make money from. If you have photography skills, for instance, you can sell your photos to popular online photo platforms. Do you know how to bake? The internet is one of the best places to sell your goodies.

For some people, a camera phone and a video editing software is all they need to make money online through vlogging. What I’m trying to say is that there are just so many ways for you to earn money in addition to the salary you’re getting from your office job.

Secure Your Retirement—Join Wealthy Affiliate Now!

I mentioned affiliate marketing earlier, and to tell you the truth, I see it as one of the best ways you can secure your retirement. All you need to do is promote certain products or services on your website, and when you make a sale, you will get a commission for it.

Many people think that affiliate marketing is only suited for people who own blogs and websites, or for those who know how to do some sales talking. They shy away from the idea thinking that they don’t have what it takes to start an online business.

That’s where Wealthy Affiliate comes in. As what I have said earlier, Wealthy Affiliate is the best place online to learn about affiliate marketing. It doesn’t matter if you have zero experience with blogging or selling stuff online, because everything you need to know how to do those things will be provided by Wealthy Affiliate.

Don’t own a website? You definitely need one if you’re going to do affiliate marketing. Well, you don’t need to worry about that either because Wealthy Affiliate will provide not one, but TWO, websites. For FREE!

“How much money do I need to retire?” The question now should be, “What can I do to live comfortably when I’m retired?” The answer? Be an affiliate marketer. Join Wealthy Affiliate Today To Secure Your Retirement Income For Tomorrow.

Planning your retirement can be stressful, but it doesn’t have to be that way. Secure your future and the future of your loved one’s by joining Wealthy Affiliate now! Read my 2020 Review of Wealthy Affiliate Here.

When Should I Start Saving?

You may not be nearing retirement age yet, but despite which season of life you are in, the best time to plan for retirement is now. There’s a similar proverb that says, “The best time to plant a tree is ten years ago.” The same is true in life. If you want to enjoy your retired years, you need to have enough money saved to accommodate your needs.

I would assume that you’re not some multi-billionaire if you’re reading this. If you were, you wouldn’t even be here right now. I’m writing this article for those who wish to get out of the rat race. And if you’re employed right now, there are two ways that you can save money toward retirement.

How Much Money Do I Need To Retire In ComfortFirst, you can work as hard as you can with hopes of climbing the corporate ladder and saving enough money from your salary. Second, you do the same as the first, but at the same time, you find a means of earning some passive income.

Regardless of which path you take, the most important thing is that you start saving money NOW. The only advantage of the second path is that it reassures you that you’ll still have money coming even if you lose your day job. Now, how do you generate a passive income? There are so many ways, but you have to start somewhere. And if there’s one good place to start in these times, it’s the internet.

Have you heard of affiliate marketing? If done correctly, it can allow you to have a steady stream of passive income. If you’re not familiar with affiliate marketing, I suggest you sign up with Wealthy Affiliate right now. It’s the best place online to learn not just how to be an affiliate marketer but to be a successful online entrepreneur.

More in this later. This time, it’s time we found out how much exactly you need for retirement.

What If I Can’t Save Enough?

The rule of thumb is that you will need 70% of your annual salary to live comfortably. This is only applicable if you’re not paying any mortgage or if you have excellent health. If, however, you wish to travel the world or construct your dream house, you will need more than that. In fact, you will need 100% of your yearly income—or even more.

The question is, are you able to save enough until the day you retire? Can you do that with only a 9-5 job? I want to be straightforward here and tell you frankly that your savings from your salary won’t be enough.

“I have pensions and social security. Will those two be enough?”

Retirement BannerUnfortunately, I also have to tell you that those won’t be enough. You will understand what I’m saying if you run the numbers. You’re lucky if you have a traditional pension. But even if you do, you will still have to make sure your salary could generate enough income to compensate for the shortfall.

Most financial planners would tell you that you need to save between 10% and 15% of your income if you’re going to have a comfortable retirement. In order for you to save enough, though, you need to start when you’re still in your 20s. If you can do that or if you have done that already, then you have a huge chance to enjoy your post-work years.


The Best Time To Retire

The best time to quit your day job is after you’ve established ways to generate passive income to last a lifetime. I know people who were able to retire before 30. Paulin Paquin, founder of the Reach Financial Independence blog, left her 9-5 job when she was only 29. She was able to do it by investing in several rental properties, which she was able to buy with money she saved.

There are many others like her, and it’s not impossible for you to accomplish the same feat. But first, you need to figure out whether you can already afford to retire. Estimate how much you will need to spend in retirement, considering the income you will collect from social security and pensions.

Start Saving NowIf you’re still in your twenties, you still have a long way to go, which is a good thing. At this point in your life, you’d want to take good care of your health, too. How healthy you are right now and how healthy you will possibly be in the next ten to twenty years will say a lot on whether you could retire happily or not.

Thank you for reading my post. If you have any questions about this post or about Wealthy Affiliate which I am a member of At 82 years old Wealthy Affiliate supplements my income just fine and it can supplement your as well. It gives me total freedom to travel which is on hold now only due to Covid-19

All the best to you,




6 thoughts on “Senior Affiliate Marketing – The Best Supplemental Income”

  1. Good article and good advice for retirees and soon to be retirees. But good advice the younger people as well. You need to prepare for your time as retired. The time will come if you want it or not. Having established other sources of income by that time is vital. 

    The necessity to safeguard your income has surfaced very clearly in these times of the Covid-19 pandemic. Such affiliate marketing is an excellent option. It doesn’t require anything then a simple computer and access to the Internet.

    I am approaching my retirement date. It is just a few years to go, and I have started with WA earlier this year. I can say that the potential to create extra sources of income by what you learn from WA is huge. It is just to put in some time on a regular basis, using your own passion for anything you care about, and you can do good.

    All in all, a well-written article with very good advice and I would suggest following the advice herein.


    • Hi Roy 

      Thank you for reading my post and leaving feed back on my article Senior affiliate Marketing – The Best Supplemental Income. As you mentioned, safeguarding is extremely important in these time. Millions of jobs have been lost due to COVID-19 and Affiliate marketing is one of the best ways I know of to build a passive income  which will continue even after you have returned to your normal job if and when that ever happens.

  2. Hi Richard, thanks for writing about this. I’m not in my twenties anymore, so it may be a bit too late to start investing (or it isn’t?) I like the idea of having the supplemental income to prepare for my retirement. Personally, I don’t like to work in a corporate environment, and I want to work hard to retire early. Thanks for the inspiring story 🙂

  3. Richard I really enjoyed your post on retirement age and when to stop working and earning an income. I’m over the 60 limit and I’m still working but like you I am with Wealthy Affiliate to get that income that will allow me to finally retire. It’s very difficult to stop working when we don’t have an income yet that could replace the one we’re currently on. I have a goal and I plan to meet that goal during the remainder and possibly next year, when my Government contract is due. Thanks gain for this post, was very eye opener. 


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