A Revolutionary Online Business Comparison Tool for Seniors is Taking the United States by Storm

Inflation has now reached an extraordinary 8.2%¹, the largest increase since the beginning of the century. The direct impact has been on our back pockets, with mortgage rates, rents and power bills just a few of the costs crippling seniors’ households.

Now consider that according to Trading Economics, the annual wage growth is 5.31% in 2023², and the numbers just don’t add up.

More and more seniors are now in a far worse financial situation than they were 6, 12 and even 24 months ago. Something has to change, otherwise the financial situation is only going to continue to get worse.

Is now the time for you to consider starting an online business to increase your income? Check now which online business options are available to you for free, and gain access to a free Workshop to learn more about how quick and simple it can be to get started.

Did you know? Once you reach the ripe old age of retirement at 66, According to the Bureau of Labour Statistics (BLS)³ the average annual expenses for Americans aged 65 and older were $48,872, based on 2019-2020 data. And even more worrying, according to the 2022 Current Population Survey Annual Social and Economic Supplement (CPS ASEC) which releases data every year, the median income for U.S. adults aged 65 and older is $47,620. Worryingly, that’s a big difference in spending power.

To add more fuel to the fire, the spending data was collected before inflation levels began to soar in mid-2021. So it’s fair to assume that average spending among retirees is higher today than it was a few years ago.

What online business could be suitable for over 50’s?

While there are no specific online businesses tailored only for over 50’s, there are different types of online businesses which may be more suited to the needs of singles or couples who are over 50. An online business income can help provide peace of mind that you have additional income as you approach the years closer to your retirement. Whether it be for increasing your retirement savings, your passive income, or simply your everyday bank account balance, an online business which provides potentially thousands in additional income per month can change your retirement and even your life.

Incomestreamreview.com launched in 2018 to help seniors compare online business options based on their needs. This is done by connecting consumers to a suitable online business and provide free access to an online Workshop which provides further information and detail on how you get started. By looking at your financial goals, your available time side by side, and your level of motivation you can be matched to an online business that you have a great opportunity to excel at.

Did you also know – on a monthly basis, the average American aged 65 and older spends $4,073. The median monthly income for that age group is only $3,968, which means the typical retiree may be looking at a modest but notable shortfall. Can you see yourself living an enjoyable life on this level of income? To break that down further, the median income for male householders aged 65 and older living alone is $29,275. Whilst the median income for female householders aged 65 and older living alone is $25,212⁴.

To bridge the gap Income Stream Review provides seniors with a free online business comparison service to compare multiple online business courses all in one place. They review customer success rates and how simple it can be to get started. The service saves time, but the biggest benefit for many could be potential income that the business can create for you.

Are you wanting to increase your income through an online business? Review your options now for free, to be paired with a business and gain access to the free online Workshop too.

“There were two sides to this problem,” says Income Stream Reviews’ founder, Lee Bush. “The first was the significant cost increases across almost all everyday cost of living. The other was the ability to locate reputable, and reliable online business opportunities which have stood the test of time, and have thousands of success stories. Even when people know that they need to increase their income, people may be too busy to put the research in to find a reputable and trustworthy online business to start. This is where we entered the picture – Our service helps connect customers to some of the leading online business courses. Customers are offered the most suitable business opportunity based on their stated needs available from Income Stream Review’s range of online business providers. Quick & Simple”

The comparison process you are taken through is based on your stated needs, income goals and available time. You will be asked to answer a few quick and basic questions, such as how much time you have available per week, your passive income target, and when you will be available time attend your free Workshop. You then are taken through the search process before been matched to the most suited online business available*.

More than 50,000⁵ people have enquired about Income Stream Review’s service and this trend continues to increase every single day. As overall household expenses continue to rise, we can expect more and more people to use this tool to help them to start an online business and generate a side income.

About Income Stream Review

Since launching, tens of thousands of people have already jumped on board. Over 50,000⁵ people have used Incomestreamreview.com to learn more about starting an online business, with the possibility to help grow their income being referenced as their number one reason for using the site. Incomestreamreview.com is a trusted partner of online business and course providers Worldwide.