The Retirement Newsletter: Thinking about side-hustles

Issue Number: -45 — do retirees need a side-hustle?

Photo by Author — is retirement walking off into the sunset?

Welcome

Welcome to issue -45 — Thinking about side hustles.

First, I had a little flurry of new subscribers this week — welcome!

Last week, I wrote about being “economically inactive” when retired, and I tried to make the case that the retired are not “economically inactive” — retirees are far from “economically inactive” and contribute to the economy in many ways. (See issue -46: I am not “economically inactive” — I am retired!)

One point I made in “I am not “economically inactive” — I am retired!” is that during my retirement, certainly in the early years, I plan to be very busy with several side-hustles to boost my pension income. So, even though I will be retired, I will still be working — but this time for myself.

Side-hustles

Looking back over my newsletters, I have written a lot about side-hustles — is it an obsession?

In issue -132 — Starting to plan for your retirement — I wrote about how side-hustles provide an opportunity in retirement to explore something new. And in issue -121 — What am I going to do once I retire? — I wrote about how I might use side-hustles in my…