Hi! I'm a complete newbie to blogging and creating web pages and on-line marketing and such. I've been thinking of doing a blog for awhile now, and only within the last few days have I thought about it as an income producer.
I'm getting close to retiring from my job, and have come face to face with the reality that it will be a huge cut in income. I'm more fortunate than many, in that I wouldn't be broke during my retirement years, unless I live to be really really old like lots of my forebears have done (92, 93, etc.).
I have a lot of interests and things I'd like to communicate about on a blog, and it dawned on me that I might as well create some income while I'm at it.
I'm crazy about my two little grandkids, and my wife and family! I like outdoor activities like hiking and canoeing, and I like country living and farm related things, although I live in a suburb because of my job. I'm also interested in various kinds of music (I play guitar fairly adequately). And also I'm an enthusiast for motorcycles, sports cars, and aviation, to name just a few of my interests.
And my faith in God is the main thing for me, along with my family.
I think it will be fun to get to know some of you here!
JohnTerry's Goals 3
Answer #1: I'd be happy to earn enough so that in my upcoming retirement, my income does not drop! how much is that? I haven't done the math right now, but I'm thinking around $50,000 per year. I know it will take quite a bit of time and effort to reach that though. That's why I'm getting started before retirement hits!
Answer #2: I was just contemplating the question a few days ago, and decided that I would like to work my way up to a goal of $375,000 per year. I understand that it could take quite awhile, several years of patient work, to get to that. But that's my long-term goal.
Answer #3: While I'm still working at my job, I'm thinking that I will be hard-pressed to put in more than 8 to 10 hours per week working on this. But once I retire, I plan to work it about as much as I currently do my job, 40 hours per week, until I get some passive income starting to flow. If/when I reach my long-term goal, I would like to cut back to maybe 20 to 30 hours per week, assuming that I do get the passive income flowing enough to allow that.