7) Insurance Broker
People who sell insurance for a living as brokers earn about $50,000 a year. The opportunity to earn considerably more is there, though, based on what kinds of clients you attract and how much insurance they need. As a result, being an insurance broker can be a very profitable career. Most insurance brokers are also self-employed, so if you want to earn a lot in a career where you’re your own boss, this might be for you. One of the best things about selling insurance is that you can earn what is known as residual commissions. Every time a person renews their insurance that you originally sold them, you get paid. If they buy insurance and renew it for the rest of their life, you continue to earn every year. The commissions may not be gigantic, but they do add up, multiplying your profits. Save carefully and you, too, can retire early.
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