Those people that face their retirement with a just a little social security have a big problem, have not they? even if you are younger you should be thinking in some way of passive income that helps you in your future, this is basic on all wealth creation process, if you want to be rich or just make some extra money, online or offline consider this kind of income as a must.

Having said that, you need consider that the easy and cheaper way to make extra money is through internet, you do not need a lot of money in order to run a business online, a hosting plan and a domain name is all you need.

However, this article is titled "passive income for retirement", then what you need to design is a business that whenever is possible make you money in a monthly base. Below we have listed some ideas for you.

- Promoting affiliate programs that pay you recurrently commissions, in this case you do not even need a website in order to promote a chosen program, just by writing articles like this one and you are done. Nonetheless, this is not a set and forget business style.

- Membership sites are a good way to create wealth, people that need some kind of information are willing to pay you in a monthly base for access to it, there are inexpensive scripts that help you running this kind of websites, but if you invest in a good auto-responder service you do not even need a membership script, this kind of business, if you write 56 articles in advance, might be considered as "set and forget" at least for a year, considering one article delivered at week.

It would be impossible in just one article give you the whole wealth building process understanding, but if you got that making money online is for real and that if you design you internet business around passive income, then you are on your way to success.