In retirement, you’re likely to find that you have more free time to devote to your hobbies and passions. There might be no better time to invest in a side gig or part-time business.
Draft a business plan, speak to your local chamber of commerce or state licensing board and figure out how much it will cost to launch your new project. Whether you follow your dream for your own fulfillment or to turn a profit, this could end up being a satisfying use of your retirement funds.
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