For many retirees, the challenge isn’t just having enough money at retirement—it’s making sure that money continues to work for them long after the paychecks stop. That’s where passive income comes in. By building a portfolio of income-generating assets, you can create financial stability and flexibility throughout retirement.
Let’s explore four of the most effective passive income sources for retirees: dividend-paying stocks, real estate investment trusts (REITs), annuities, and side businesses that can generate recurring revenue with minimal day-to-day involvement.
This post originally appeared at Investing Daily.