Affiliate Marketing, Home Base Business, Online Business, Passive Income

What To Do If You Have No Retirement Savings

What to do if you have no Retirement Savings

What to do if you have no retirement savings? That is a great question. There are many people approaching retirement age with little to no savings. The reason can be plentiful. You got fired after years of loyal service. You had to use your retirement saving to put your kids through college. Maybe you or someone close to you accrued unforeseen medical expenses, and you had to liquidate your retirement saving to pay the bills. Whatever the case, the thought of not having enough money for retirement is scary.

What Are Some Options

There are several options for creating income for retirement. Here are some options you can consider if you are not sure where to start.

Multi Level Marketing

Multi-level marketing better known as MLM has been around for years. Companies you may be familiar with that have been successful and led the way in MLM are companies like Amway, Avon, Mary Kay, and Herbalife. Here is a list of the top legitimate MLM companies as ranked by

  1. DoTerra – This is an MLM that specializes in all natural essential oil
  2. Jeunesse – This company sell anti-aging products specializing in wrinkle removal
  3. Younique – Is a cosmetic company based in Utah.
  4. Digital Attitude – This company is an e-learning personal development program focused on digital business for budding entrepreneurs.
  5. Tecademics – Is an online internet marketing education program.
  6. Advocare – This is a company which concentrates on rehydration products.
  7. Young Living – Another MLM company concentrating on essential oils.
  8. Ambit Energy – This is as the title implies, an energy company which provided fixed prices for natural gas and electric services.
  9. Wor(l)d Global Network – Is a company that capitalizes on a project n Cell 5G technology which is a brand new technology that allows wireless users to tap into a variety of networks for optimal wireless coverage.
  10. Amway – Amway is a direct selling company. The products span from nutrition to commercial cleaning products.
You have to be a Salesperson

One thing when getting into any MLM is you have to have the ability to sell. If sales and communication


are not part of your skillset, don’t waste your time with MLM companies. If you are not a people person and can not start a conversation with a stranger and have them hanging on your every word, this is not for you. But if you are a salesperson at heart, then check out the companies I listed and see if any of them suit you.

Most require an investment upfront. So if your budget is an issue, again this may not be for you.


Blogging is very popular and can generate a sizable passive income. Yes, there are millions of blogs out there, but the truth is there is room for millions more. With an internet population of billions of users, the room for growth on the web is almost unlimited. There are three basic steps in setting up a blog.

  1. Selecting a blogging platform
  2. Setting up your domain name and hosting
  3. Creating a blog with purpose

With these three steps, you can create an effective blog that can generate income. There are hundreds of books to read to help you if you decide you want to become a blogger. If you want to read more about blogging, check out my bookstore where you can find several highly rated books on blogging.

Selecting a Blogging Platform

retirement.jpgWithout a doubt, the premier platform for creating your blog is the WordPress platform. The benefits of using WordPress are evident:

  • It is free – for one of the most powerful software solutions in the world, WordPress is free to use.  There are no upsells or other gimmicks to get you to spend money.
  • Easy for beginners to use – WordPress is one of the most popular platforms on the internet not only because it is free, but also because it is so easy to use. WordPress offers thousands of themes and plugins so that you can create a completely customized blog.
  • Free resources and guides – WordPress offers a plethora of resources and guides to assist you in creating your customized website. They also have a helpful community to answer any questions you may have if you run into issues while using WordPress.
  • WordPress looks great on mobile devices – With more people using mobile devices as their primary means of navigating the internet it is essential your platform is mobile friendly.
Choosing your Domain Name and Hosting

With WordPress clearly being the best platform for your blog, now you need to start looking at the next stage of creating a successful blog.

  • Choosing a domain name – Your domain name is the internet address for your website. Examples are,, etc.  This is where customers will find you on the web.
  • Finding a hosting provider – Hosting is the service you chose which will place your site on the internet.
Choosing a Domain Name

becreative.jpgChoosing the name for your domain is important. You want your domain name to be easy to remember (for branding purposes) so that customers can find your site quickly. It is also important for customers to relocated your site after their initial visit. The catchier the name, the better. But make sure the name you chose is directly related to the subject of your blog. You want to keep everything relevant. Some companies will offer free domains if you host through their business. I recommend siterubix where you can get a domain name for only $13 year, and if you sign up with Wealthy Affiliate (creator of siterubix), you will get two free websites hosted.

Finding a Hosting Provider

Many companies will host your site. The prices for hosting will vary from company to company, so you just need to check which company suits you best. You want a hosting company that has at least 99% uptime. Meaning your site will be up and running 24/7. You want a hosting company that offers unmetered disc space. As stated before, I recommend signing up with Wealthy Affiliate which will provide you two free hosted websites for your blogs and with a premium membership you will get twenty-five (25) domains with hosting. I will talk more about Wealthy Affiliate later, but you can sign up now if you don’t want to waste any more time.

Creating a blog with purpose

When creating a blog you want to write about a subject you are familiar with and a subject you think others will benefit from when reading. It can virtually be about anything you are passionate about because chances are others are passionate about it also. The subject matter is unlimited. You can write a blog about raising chickens, writing a book, or building fences. The choice is yours. You can write a blog that concentrates on the review of products. Writing reviews is very popular and can be very lucrative in blogging.

When blogging, you have to dedicate to writing new articles often. To keep your blog relevant, you must post articles as least weekly to keep search engines interested in your blog. So when blogging, it requires a certain level of commitment to have a successful blog. But if you are interested in what you’re blogging, about, it should be fun writing new articles for your blog.

Affiliate Marketing

What is affiliate marketing? It is a marketing arrangement by which an online retailer pays a commission to an external website for traffic and or sales generated from its referrals. Affiliate marketing is just as popular as blogging and just as lucrative. More and more people are getting into affiliate marketing, and more and more businesses are setting up affiliate programs for entrepreneurs.

All you need is a Website

All you need when starting an affiliate marketing company is a website. Everything discussed above for siterubix.jpgblogging applies to affiliate marketing. For a matter of fact, what most entrepreneurs are doing now is combining their blogging site with affiliate marketing. This is a way to double your opportunity for earning passive income. Not only will you receive revenue from subscribers, but you will also earn revenue from the affiliate links you have on your website.

You don’t have to combine the two. If you want just to affiliate market, you can, and you can be successful (Take a moment to read my article on the Road to Success). The biggest affiliate marketing program probably belongs to Amazon. You can literally, build a website and only offer Amazon products through your site and get paid every time someone purchases an item from your site.

No Inventory. No Overhead

In affiliate marketing, you are not required to have inventory, which means no overhead.  With an affiliate site, you don’t have to worry about shipping or returns. What an easy way to earn money once you get your site set up and ranked. I have several books for sale on affiliate marketing if you would like to learn in more detail. Click here.

CJ Affiliate

CJaffiliate.jpgIf you want to concentrate on affiliate marketing only, I suggest signing up with CJ Affiliate by Conversant. CJ Affiliate is one of the biggest affiliate malls online. Once you sign up with CJ Affiliate (which is free), you will have access to hundreds of companies who have affiliate programs. This way you can manage all your affiliates in one location.

CJ Affiliates also has a module that tracks all of your affiliates and affiliate earnings. Once you learn which affiliates are earners on your site, you can remove the affiliates that are not earning you money. Check out my review on CJ Affiliate, the Affiliate super mall.

The Best of All Worlds

If you want to create a substantial passive income to secure your future, you can combine all of the above ways of creating income into one. You can develop sustainable passive income to last through your retirement years. The best part as you can start it for Free!


Wealthy Affiliate

Wealthy Affiliate combines all of the above options into one. With Wealthy Affiliate you can start a blog, create an affiliate marketing site, you can combine the two into one site, or you can create two free sites for each method. The choice is yours and signing up is free.

What does WA Offer

WA offers you two hosted websites for FREE! They provide exceptional training. They provide unmatched community support. Also, they provide tools you need to have to be successful online. There is nothing like this I have been able to find online. Like you, I am retired, and WA changed my life.

Free Membership

With a free membership, you get the following:

  • Instant access to over 500 training modules
  • Two free websites along with free hosting
  • Access to three classrooms
  • Live support from the owners for your first seven days. Along with other experts in the community.
  • Thirty keyword searches a month
  • Rapid Writer
  • Phase 1 of the Boot Camp course (Teaching you how to build an authority website)

Premium Membership

If you want to choose to join as a premium member (which I recommend), you get the following in additions to the what comes with the free membership:

  • Weekly live video
  • Training(webinars) each and every Friday night.
  • Access to the other three Certification Courses along with all future courses released in the future.
  • Twenty-five websites
  • Twenty-Five websites hosted
  • Unlimited live support from the owners as well as experts in the community.
  • Access to 13 classrooms
  • Thousands of video tutorials
  • Personal one on one support (Private messaging)
  • Access to the Wealthy Affiliate Forums
  • Seven phases of the Boot camp training on how to build an authority website.

The premium package is $19 for the initial month and $49 every month afterward. No one offers what WA offers at this minimum price. To receive the equivalent training, you would have to take college courses in business and marketing. That will cost you way more money, and you wouldn’t get lifetime support to answer any and all questions you may have while building your online business.



Sign up NOW

The training alone is worth the membership. There is so much information on WA for members to take advantage. Many members get overwhelmed until they learn to take one step at a time and be patient. Success will come and so will the income. I get so excited sharing WA with those who need to create retirement income. Nothing like helping others make their life more secure and providing them with an option I know will pay off.

Not a Get Rich Quick Scheme

WA is not a “get rich quick scheme.” It will take a month or two before you will start to earn passive income but that is with any business you are starting. You have to put in the time and work to see success. But I will guarantee you success if you follow the training, keep persistent, patient, and dedicated.

Sign up now, and I will pay your first months premium membership fees. (Instruction will be in your initial message once you sign up for free and fill out your profile)

Related articles of interest:

Working After Retirement – Social Security

Passive Income vs Nonpassive Income

Building A Free Website


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4 Comments on “What To Do If You Have No Retirement Savings

  1. Hi,

    I am quite new to this game and have recently been adding affiliates through clickbank.
    You mention CJ Affiliate and I have read your review but how does it compare?
    and is there any minimal requirements to becoming a member?
    Sorry the last question is does it matter where you are in the world?


    1. Hey Dean,

      I have not used clickbank so I can not make a comparison between the two. I will look into that for a future article, thank you. There are no requirements and you can join from anywhere in the world for free. The only requirement is you have to own a website. Each affiliate will judge if they want to partner with you base on your website. The more established your website the more affiliates will want to partner with you. Most of the affiliates are looking to partner with quality websites. CJ Affiliate has huge affiliates like Acer, Bluehost, 24hour fitness, American Express, and Avis just to name a few.

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