Residual income that just keeps coming is always a good thing - but for the retirement crowd it is critical. We want to get something going quickly that will start generating a cash flow that will continue to grow over time but will require less and less work as we get older. Is this possible? Absolutely.
Well, you then ask, how can I start some online business work from home that will fill the bill? I'm old enough to realize that there "ain't no free lunch" but I don't want to be working for my lunch much longer either.
Starting a successful online business that really works takes three essential ingredients: time, work and money. You must have at least a little bit of all three and be prepared to make a reasonable investment of at least two of those ingredients to gain the financial security you need going into retirement..
Think of a triangle. The space inside the triangle is the "success" factor of the new income stream you're looking to develop. Each of those three factors is a leg in the triangle and your objective is to create a triangle that has enough "success" inside of it that it will sustain you for the rest of your life. You don't want to be required to keep adding to the legs (time, work, money) once the business is off the ground and running.