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Short on savings? Consider a side gig
It’s pretty well known that Americans are notorious for not saving enough money to take into retirement, with a result they’re not comfortable they’ll have enough to “live the good life” when their golden years arrive. So what many workers have done is take a cue from those who work in the “gig economy”, that is those who work as contractors, freelancers or temps, and gotten themselves a “side hustle” to supplement their regular income. That extra cash can be used to bolster your savings, and the side gig can become an additional income stream even after you’ve officially retired from working for an employer. In this Washington Post article by Michelle Singletary, the author explains the so-called “gig economy” and how taking a side gig can help you achieve your retirement goals. Click here to read more.
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