Interesting ideas from TopRetirements.com:
“The overwhelming majority of baby boomers are going to face a painful budget squeeze as their retirements start to become a reality. Used to the high life as many of us are, it will be a very big challenge to support that lifestyle without the income stream we are accustomed to.”
Some of the ideas for ways to earn extra money in retirement came from AARP members who turned hobbies into cash, such as Betty Fitterman, who makes jewelry and sells it on Etsy at http://www.etsy.com/shop/BettysKillerBeeds. Other ideas include working in the tourist industry and making loans to other people using sites like Prosper.com.
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