The gig economy is a boon for boomer retirees

You should always have some side gigs lined up.

Craig and Kathy are a good example of retirees who are using the gig economy to supplement their retirement income. This is indeed a great employment strategy for millions of aging baby boomers approaching their retirement years.

If you’re in your 60s with modest retirement savings, it’s smart to delay starting your Social Security benefits and drawing down your retirement savings for as long as possible (but no later than age 70). Earning just enough money to cover your living expenses while letting your financial resources grow can significantly increase your retirement income when you eventually leave the workforce for good.

Read the rest here.