The Retirement Newsletter: What is evergreen income, and how did my chat with Pension Wise go?

Issue Number: -21 — thinking green and thinking pensions

Photo by Victor Vorontsov on Unsplash

(The photo? I know, a shocking play on words, but when I think of evergreen income, I think of evergreen trees.)

Welcome

Welcome to issue -21 — What is evergreen income, and how did my chat with Pension Wise go?

Also, this week, I picked up a few new subscribers, so if you are a new subscriber, welcome! If you are not a subscriber, then feel free to subscribe to the newsletter — it’s free.

Evergreen income

Last week, in issue -22 — Passive income in your retirement — I wrote about passive income and argued that passive income didn’t exist. That is, all income requires some work; even if it is a side-hustle it will need work when you are setting it up.

But is there such a thing as evergreen income?

What is Evergreen income?

What do I mean by ‘evergreen income’?

To me, ’evergreen income’ is money you get from a product or piece of work that keeps coming in. For example, you could view income from your pension or investments as evergreen…