Tuesday, April 27, 2010

Create Videos for Online Marketers

Many internet marketers are turning to videos to promote their websites.  You can help them out and supplement retirement income by learning how to create videos and allowing them to outsource their work to you.  Here is a video that I had created for me to promote a site I own selling watches.


I was impressed but found out that I could create such a video myself including voice.  You don't need to be a computer geek nor do you need to be exceptionally creative.  I am neither. I even have begun selling my videos.  I charge $15 if they write the script and $25 if I write the script.  The script would be about 225-300 words.  Remember what I said recently about writing eBooks.  The same thing applies to writing a script.  It is actually an article and you can find thousands of articles online that all you have to do is rewrite.
You can charge even more money if you want to submit it to video sites and social marketing sites.

You can find a couple of instructional videos at these sites that will teach you how to create videos.



Try Your Hand at Blogging

There are hundreds of thousands, if not millions, of blogs on the internet.  They are very easy to set up and there are many platforms that you can use but 2 dominate the market.  One is Blogger.com and the other is Wordpress com. I have both types.  This particular blog is on Blogger but Wordpress blogs are somewhat more sophisticated and a bit more difficulat to set up.  Blogger is free including the hosting.  Wordpress blogs are usually set up using a person's own domain and hosting. 

You can write about anything that interests you or that you might feel that others would find interesting.  You can actually make money doing this, at least they tell me that you can make money doing this.  If you look in the margins and underneath the current posts, you will see ads by Google, as an example.  If your visitor clicks on the ad, the owner of the blog receives money from Google.  This might be an enjoyable way to supplement retirement income.

This guy offers video training on setting up a Wordpress blog.  This is how I learned to do this.  His site is

Sunday, April 18, 2010

eBook Publisher

Publishing and selling your own eBook might be one way for a baby boomer to supplement retirement income.  An eBook is an electronic book that is written and sold online.  There are millions and many more are written each day.  Here is a typical eBook sales page
They can be and are written about nearly any topic.  Each one is slightly different from the next.  They are typically anywhere from 20-120 pages depending on the complexity. 
The types of people who could conceivably publish and eBook are the following:
1.  Those who can write but have no technical knowledge.
2.  Those who can't write but have some technical knowledge.
3.  Those who can't write but have no technical knowledge.
In other words, anybody.

Clearly you can publish an eBook if you can write and have technical knowledge.  If you lack technical knowledge, you simply pick a topic and research it.  You obviously know how to use a computer and the internet.  If you lack writing skills, find somebody to write for you, a ghostwriter.  You share the knowledge and they will put it into words.  If you lack both writing skills and technical knowledge, do a search for private label rights or PLR.  These can be articles or eBooks that you can purchase the rights to and use as your own.

Saturday, April 17, 2010

How To Take Advantage Of The Massive Use Of The Internet

Over the past years, web hosting has grown much bigger than it used to be. With more companies getting into this business and finding the many benefits it can give them, the demand for web hosting has never been higher. These seem to be the trend of today.  Millions of people will put up their very first websites online this year, the majority of those sites will be offering different affiliate programs for people to choose and participate.

This might be the time to consider the possibility of operating a web hosting service.  One could do their own hosting or become a reseller.  Since very few people have their own server, the idera of becoming a hosting reseller might be the business you are looking for to supplement retiremenmt income.

Support will be the number one consideration for people when choosing a web host. It will be obvious that traditional advertising will become less and less effective. Most people would rather opt for the web host based on things that they see and hear. Also based on the recommendations by those who have tried them and have proved to be a successful.  There are hundreds of web hosting and programs to choose from that the difficulty in finding the right one for them is not a problem anymore.

How does one become a successful affiliate in the niche markets using web hosting?

If you think about it, everyone who needs a website needs a web hosting company to host it for them. As of now, there is really no leading hosting industry so most people choose hosts based from recommendations. Usually, they get it from the ones that have already availed of a web hosting services.  This often comes from the person who sold them or set up their website or blog. Anybody selling a site on Ebay must provide a hosting package along with the site.  One of the reasons that you can buy a site so inexpensively on Ebay is that many of the sellers operate the hosting service.  In other words, they make their money by hosting, not by designing and selling websites.

Web hosting is just one affiliate market you could try out and make some good and continuous income. Just remember that to be successful on your endeavor also means that time, effort and patience is needed.

Thursday, April 15, 2010

Retirement Is Going To Cost You

No matter how much times people dream about their retirement, few are actually prepared emotionally and financially. We will leave the emotional aspects for another time and focus on the financial aspects of retirement. The general consensus when I was growing up was that you needed to have 70% of your income at retirement because your expenses would be much less.  I guess that is true if you don't expect to do very much but most retirees want to live better in retirement than they did previously. They want to travel and do things during their new found freedom. Living on 70% of one's previous income might not cut it.

A couple of things have happened over the past couple of years that have made even 70% almost unobtainable for many. People have seen the equity in their homes plummet as well as the value of their 401K plans. Many baby boomers are either going to have to work longer or find something that will allow them to supplement retirement income before or after retirement. Some are continuing to work while they collect early Social Security benefits.

Opting for early Social Security is somewhat problematic however. You can begin to collect Social Security at 62 but there are limitations on how much you can earn without being penalized with a smaller Social Security payment. Also, Social Security pays out about 24% at age 62 and 32% at 66. If you take early benefits at 62 and continue to work, you will also have to have Social security withheld. Once you stop working and reach age 66, your Social security benefits will be recalculated.

Medical costs need to enter into consideration as well. With the new health care law, nobody really knows what to expect. The first effect is that insurance rates will go up and taxes will also increase. This makes it even more difficult to save for retirement. Medicare will also be changed so this is just another impediment to baby boomers who want to have a financially secure retirement.

Saturday, April 3, 2010

When Should You Retire?

Once you have all the wheels in motion for your financial retirement it is often difficult to wait for that great and liberating day but you must take the time to make sure that there is no detail that hasn't been covered or has been overlooked in the planning process. Most of us worry over whether we'll be able to maintain a certain level of income when we retire and little else. The problem is that maintaining the same level of income during retirement is often not enough to keep things going and take care of all your family's needs during your retirement.

Have you checked out your insurance expenses? You should make a point of checking that all of your current insurance plans will either cover you during your retirement or at least that you have something in order until your Medicaid benefits kick in. This isn't only about medical insurance. There are all kinds of insurance coverage that we need in order to avoid potentially huge amounts of debt during our retirement. Some of the common types of insurance you will need include the following: homeowner's insurance, auto insurance, health insurance, dental insurance, long-term care insurance, and, perhaps, life insurance.

Once you've taken care of your insurance for your financial retirement. Have you established a budget that you and your partner can live with during your retirement? You need to be absolutely sure that you are in agreement on the budget or hard feelings could develop over time. Talking about things can accomplish so much and smooth many ruffled feathers you didn't even know existed.

Have you mapped out plans for things to do both together and individually? This is another thing that is important. While you are a couple you are still individuals with independent needs and desires. Make sure that you both have time and funds set aside to pursue interests that appeal to you as individuals as well as those that appeal to you as a couple.  Do you plan extensive travel?

Other important considerations include what bills you have. Are your bills paid off? How about those pesky high interest credit cards? Those can add up over time and you need to eliminate as many of these as possible along the way. You should also take great care to make sure that your home is paid for and all the taxes are caught up. You do not want any surprises that might jeopardize your security once you retire.

The list may seem endless but each question is very important in the grand scheme of things. You will want to take every effort to make sure that there are no nasty surprises along the way. Those surprises could mean the difference in you enjoying your retirement and facing the need to return to work at some point during your retirement in order to replace funds that must be spent for emergencies that were unexpected. Once you have all the answers to these questions and the answers are good, then you are ready to retire.

Once you have reviewed your future budget, you might very well find that you can't quite afford to retire and that is where information on this blog comes into play.  You can continue to work and attempt to supplement your retirement income before you retire or you can supplement your retirement income after you retire.