Build Up your Passive Income during Retirement with Affiliate Marketing

extra income for retirement


It seems that most Americans are not financially prepared for their retirement-


1 out of every 3 citizens has not saved anything for retirement!


Also, the amount that the other 2/3s have saved doesn’t paint a very bright picture of post retirement life. 24% Americans are totally unconfident about being financially strong post their retirement.


So how much do you actually need to spend your retired life and how do Americans fare against it? Let’s find out why you need to look for extra income for retirement.


How much have Americans saved for Retirement?


According to the Economic Policy Institute (EPI) the average retirement savings of all American families is $95,776.


That doesn’t sound bad, right?


But the amount only portrays half the truth; it’s just the average and the families with big savings and schemes like super-savers pull up the number. So what is the better way to look at things?


We look at the median saving for all U.S families which gives us a better picture of the situation-


Turns out, the amount is a mere $5,000!


Now that is alarming! You are in for trouble if you haven’t started saving early or have developed alternate ways of earning.


How much do you need to Save for Retirement?


You may have heard many experts quoting the sweet number around $1 to $1.5 million to help you with your retirement. But $5,000 is far from it.


If you have managed to put away some money, then your median retirement savings should be around $60,000, says EPI. But still the sum may not be enough to meet your family’s need.


You can depend on social security, but the average a retired person gets per month from it stands at $1,355 per month as of November 2016. Not much we can say unless you have considerable saving in your 401k or other retirement plans.


It seems Americans will struggle to live a comfortable retired life with the money they have saved. What makes things worse is 55% employed persons retire earlier than expected. That means less time to save!


You may save on transport as you need to travel less after retirement, but what about the ever rising healthcare costs? They are not going to come down anytime soon.


According to Fidelity, a retired 65 year old couple needs to spend $275,000 on healthcare out of their pockets!


You will need anything from 35% to 70% of your present income post retirement depending on various factors like –


– Health and medical costs

– Lifestyle

– Area of living and costs

– Retirement income from social security, 401k

– Alternative income avenues post retirement


So how can you save enough or develop a good income source you can exploit after you retire?


Develop Passive Sources of Income


If you can find a relaxed way of building up passive income, retirement doesn’t have to be a nightmare for you. You can relax, enjoy life and stop worrying about saving enough!


But how do you do that?


Welcome to the World of Affiliate Marketing


How would you like to earn just by promoting products and services on your website?


That’s the gist of affiliate marketing!


You must have seen ads of products on various blogs clicking which takes you to the company website or an online shopping platform. You can put such ads and banners on your website and get paid every time buys something following your link or just clicks on it, according to the earning conditions.


How do you Start Affiliate Marketing?


You will need a website or a blog where you can advertise products and services. Then you need to sign up with Affiliate programs of your niche that help you with tools to promote their products on your blog. You can sign up say with Amazon’s Affiliate Program, promote products on your website and get paid when anyone purchases following your link.


It’s that easy and you don’t generally need to pay anything to join affiliate programs which are offered by almost all brands in every category.


Let’s take a Scenario to Make Things Clear


Let’s say you love gardening and run a blog where you post tips on the subject. While attending to your plants you find that a product is really good. Then you find the affiliate program of that brand and promote it on your brand.


You are promoting and earning from a product that you believe in and know is good. People will also be benefited when they follow your recommendation and purchase the product- a win-win situation for both!



Affiliate marketing is simple too – and once you know the tricks of the trade, you just have to find out the right product to promote and reach out to your niche audience to sell more. And the more you sell, the more money you make!

All the best,


If you enjoyed this post, you might want to check out these articles as well;
What is Affiliate Marketing and Does it Work?
Online Retail Growth And Its Benefits To Affiliates
Is Affiliate Marketing better than MLM?




Sources For Statistics…………







12 thoughts on “Build Up your Passive Income during Retirement with Affiliate Marketing”

  1. justin

    Hey this is a really good article, i am 27 and i want to start growing my online business so i can succeed and start saving for my future. I think saving is really good especially if you are making great passive income. Also good job by referring WA at the end so everyone knows where to go to get the best training!

    1. Thank you Justin. It’s good that you are thinking about your financial future at such a young age. Many people put it off until it is too late to accumulate any significant savings. At least with affiliate marketing, there is an option for people who started saving too late to make a change in their financial status. There is no better place to start that change than Wealthy Affiliate.


  2. Rob S.

    This is a great review because I recently retired two years ago.
    It’s nearly impossible to make it on social security income.
    So it comes down to still working or doing something online.
    I love affiliate marketing and although it’s a lot of hard work, it hopefully pays off at some point.
    Amazon affiliate marketing is a very viable option.
    I am definitely going to look into it.
    My question is: what’s the best way to get started and what does it cost?

    1. Thank you Rob. In my opinion, the best way to get started is to get properly trained. The best place to get trained in affiliate marketing is at Wealthy Affiliate. It has the most thorough and up to date training in this field.

      You can join for free (no credit card required) and stay for as long as you want. With the free starter package you get some training as well as two free websites.

      If you sign up as a premium member, you have access to everything available (which is a lot) on the website.

      The cost for a premium membership is $49 per month or you can pay yearly for $359. They have not changed their prices since inception in 2005. Considering what is offered, it is a great deal.

      If you want to sign up for free, click here.

      If you would like to read my review of Wealthy Affiliate, click here.


  3. RichPersonality

    When i really think about it, what seniors do after they retire, i realize that they have tons and tons of time that they spend on very lame things. Few hours every day spent on affiliate marketing will be enough to start affiliate marketing business, and seniors will still have plenty of time for other activities.

    1. Thank you Rich. I’m sure if you asked the seniors, they would tell you that their activities aren’t lame, but I understand what you are saying. The retirees have time that they could dedicate to an online business to supplement their retirement income.


  4. Richard U.

    Great information and thoughtful post. Planning for retirement can be exciting but retirement without enough money aside can be unsatisfactory.

    Your ideas on how to save for rainy days is impressive and your suggestion on how to develop a passive income means is top notch.

    My question is, how much do you think one can make with the passive income source if you recommend one?

    1. Thank you Richard. First of all, I just want to emphasize that there is no magic button that you can click on and start making boatloads of money instantly. However, if you treat your affiliate marketing business like a business, you can certainly make a nice income. There are affiliate marketers making 1000s of dollars every month. These people put the time and effort in, and now it is paying off. If you are interested in affiliate marketing, I invite you to read my review of Wealthy Affiliate. See if affiliate marketing is something that you want to do. Hope this helps. 


  5. Sharon Whyte

    Hi there Ed,

    Affiliate Marketing is a great way to supplement your retirement income.  It is quite a fun way to make money now  myself as a 50 year old but come 15/20 years from now, earning passively to use in my retirement will be the icing on the cake!  Great article, thanks for sharing!

    1. Thanks Sharon. A lot of people struggle to make ends meet after they retire. I wanted to show them that there is something that they can do to relieve the burden.

  6. Jurgen

    I’m not from the US, but even in my country a lot of people are not saving up for their pensions, including me. The thing is, that it’s not always easy to save a bit of extra money at the end of the month. And this counts for a lot of people in different countries al over the world.

    I agree that starting an online business to earn some passive income is a great opportunity. And it’s never too late to start, because when you’re retired you’ve got more time than ever!

    1. Thanks Jurgen. It’s a problem all over. Government pensions aren’t keeping up with the cost of living, so seniors are having to rely more and more on their savings. Even if someone was able to an extra, say $300 per month, that would go a long way to relieving the financial stress.

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