Easy Money
"Passive income" has become quite the buzzword in personal finance circles and beyond. With the rise of the internet age and the sharing economy, the ways to earn income while you sleep (or lounge on the beach) appear to be multiplying by the day. This is good news at a time when saving for retirement is increasingly challenging. While not every option may be viable during the economic slowdown due to the pandemic, here's a look at some of the many ways you might be able to stockpile cash for retirement, based on input from financial advisers and personal finance experts.
Related: 11 Benefits of Working Past Retirement Age
Note: While some of these ideas may not be practical at the moment due to the pandemic, they can still serve as inspiration for future retirement plans.