Retired...but do you supplement income (SS) with/by..

Jace

Jace

Well-known Member
A part-time job.
Sell at yard sales
Anything else...

What do you do with the side-gig money?
 

I probably shouldn't post that I've been retired for 30 years & not once in all those years have I ever relied on anything but our investments. I remember 30 years ago Soc. Sec. was promoted as not being sustainable so our retirement planning was targeted for living on our investments.

Thankfully that dire prediction didn't materialize. That "extra" made it possible for our investments to grow.
 
Knight said:
I probably shouldn't post that I've been retired for 30 years & not once in all those years have I ever relied on anything but our investments. I remember 30 years ago Soc. Sec. was promoted as not being sustainable so our retirement planning was targeted for living on our investments.

Thankfully that dire prediction didn't materialize. That "extra" made it possible for our investments to grow.
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That was the financially intelligent approach. I did the same in my retirement planning, I never once factored in my SS benefit. Now that I'm retired I've discovered I can mostly live on my SS benefit and let my retirement money continue to grow.
 

It’s pretty much the same for me, I was motivated by fear and overdid the retirement savings and investments.

The interesting thing to me is that I also ended up with just as much stuff as everyone else, go figure. 😉🤭😂

“Better to have, and not need, than to need, and not have.” - Frank Kafka
 
I was retired for 11 years before I could collect Social Security. I get a pension and for a few years, we got nice COLAs, but that was stopped when Chris Christie became governor. Early in my retirement, I tried a couple of multi level marketing things but discovered that was not for me. My husband, on the other hand, loved that stuff because he had been in retail and owned a boutique for decades. Now my investments generate enough additioal income for me to live on, but I don't need to touch them, except for my RMDs, which go to St. Jude each year.
 
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mathjak107 said:
social security, pension , our investments and i enjoy working one day a week .

it provides more money then we can spend or want to spend
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I see you are in Bayside have a friend here who used to reside there not far from some big park . Going back decades he worked at First Edition while going to St Johns .

He is a retired from Pharmaceutical industry in Long Island and wants to start a food truck as he enjoys cooking , he loved Bayside but left like me due to snow , etc , I am from Albany , lots of transplants in my community .
 
NotCompSavy said:
I see you are in Bayside have a friend here who used to reside there not far from some big park . Going back decades he worked at First Edition while going to St Johns .

He is a retired from Pharmaceutical industry in Long Island and wants to start a food truck as he enjoys cooking , he loved Bayside but left like me due to snow , etc , I am from Albany , lots of transplants in my community .
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i can walk to where first edition was ..great burgers
 
mathjak107 said:
i can walk to where first edition was ..great burgers
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I see him tomorrow as BBQ at his house , he will be elated you said that as cooked there for few years while going to school granted going back some time but he speaks highly of the place though as you know now closed .
 
Actually, nothing anymore. I used to fix computers to stay busy but people got too demanding. I live pretty frugally so I'm okay.
 
I don't do anything on the side any more, but over the last year people here have convinced me to keep an eye out for a pretty nurse with a nice fat purse.
 
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