3 Passive Income Sources That Can Boost Your Retirement Savings

Nearly half of baby boomers have no retirement savings, a survey from the Insured Retirement Institute found. Retirement is supposed to be one of the best periods of your life. But if you're struggling financially, that can put a damper on your senior years.

While one way to increase your retirement income is to pick up a part-time job, not everyone wants to work in retirement. The good news is that there are a few passive income sources that can give your savings a boost with little effort on your part.

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Source Fool.com