Going into your 60s should be a time to celebrate. You should be retiring, paying off your home, and drawing social security.

However, we also don't want to place ourselves on a fixed income. Inflation and increases in the cost of living can destroy people's fixed-income budgets.

What we need is a wealth generator or force multiplier. Even generating an additional $500 per month can mean the difference between staying home or going on a trip.

Options trading can help keep cash flow moving throughout your account during retirement. The key is knowing exactly how much you want to earn and sticking to that number.

Ultimately, options trading is about financial freedom. Very few people can take a pile of money and generate income by themselves. Welcome to options trading. Good Luck!