Can you turn what you own into what you do during semi-retirement?
Whether it’s a treasured collection of antique postcards, a garden overflowing with organic vegetables or a movie-set worthy home, chances are at least some of what you own might generate retirement-based income.
I got to thinking about this option recently while visiting The Florence Griswold Museum in Old Lyme, CT. More than just a museum, this stunning property has served as the home of the Lyme Art Colony, America’s center of Impressionism, for over a century.
The museum’s collections and charming gardens are well worth a trip. But what I most appreciated about my visit was the opportunity to learn about Florence Griswold and her second act. It’s an impressive tale that has some valuable lessons for us all about grit, moxie and working with what you got.
In my never ending quest for inspirational second-act stories, I just found another wonderful resource I had to share. This incredible video collection comes courtesy of The Story Exchange, a 501 (c) (3) non-profit global video project and website empowering women to achieve economic independence through entrepreneurship.
While the site is intended for women, and not specifically for boomers, you’ll find tons of inspiration here for your second act. Here’s just a small sampling of the videos you’ll find:
Thinking about working with your ‘honey’ during semi-retirement? Then you might enjoy reading Let’s Make Money Honey: The Couple’s Gide to Starting a Service Business by husband and wife team Barry Silverstein and Sharon Wood. It’s an entertaining and informative guide that offers how-to advice on each step of the entrepreneurial journey.
This is certainly not the only book out there for couples interested in working together, but after reading it, there are three reasons why I recommend it:
How’d you like to combine your love of travel with earning an income during semi-retirement? I’ve got two ideas for you (and you’ll also learn about some amazing boomer travel planning resources as well).
If you’re thinking about starting a retirement business, or looking to grow your existing one, do check out the educational offerings, publications and conferences sponsored by your industry association. It’s a smart way to quickly get up to speed about “the business of your business” – meaning topics like how to price, package and market your services.