Why are you looking for retirement articles? This article is for people who screwed up and didn’t prepare for retirement. Are you wondering about what your life after retirement will be like? That depends on what you’ve done to prepare. Most people have not done much. It’s those people and anyone else who doesn’t think they’ve done enough that this article is written for.
Life After Retirement – Are You Ready?
There are all kinds of reasons people would search for retirement articles. Some may want to know how much money they will need. Others might be looking for a good place to retire to or some, and I fear maybe you, know that you have waited too long to start thinking about it and are starting to feel the squeeze.
Quite a few, especially in the economy we’ve been experiencing, were outright robbed, either through the stock market or their employer. Obviously that is not your fault.
You can save yourself, your family and your future. You have to save yourself because no one else is going to do it for you. I’ll tell you something else. If all of the so-called pundits are right, it’s not going to get any better any time soon. In fact it may get worse.
Here is the extent of my retirement advice to you. If you feel like you are in a world of doo-doo because you’re getting “up there” you had better find, not only a way, but a faster than normal way to get there.
With all due respect to Walmart greeters and the McDonald’s senior employees group (if there is such a thing), the closer you are to the age at which you want to pack it all in, you had better find a better way.
This is the part where I weed out all of the closed-minded naysayers who only believe in having a JOB as their vehicle to the “promised land”. Well, that never was the way and it certainly is not the way today. I’m not going to advise you to borrow half a million dollars to buy a franchise either.
Let’s compare a couple of situations. The first is what has been the traditional way since the turn of the 20th century, the industrial revolution. You work for someone else, helping them to get rich, for 40 hours a week for 40 years in order to retire on 50% of what you couldn’t live on in the first place.
Or, the negative Nellies and Neds can leave now, you follow a plan which, being conservative, for say, 2-5 years, where you can not only create an incredible income but that money will keep coming in even if you decide to quit working altogether. It’s called residual income.
This plan is not only taught at the Harvard Business School, it’s also highly recommended by the likes of Robert Kiyosaki, Donald Trump, even Bill Clinton. Now, I don’t know about you but I learned some time ago not to take financial advice from my broke friends, but from people who had done it.
It’s not just names you know either. You might be surprised at who is involved. In fact, if you know anyone who is involved in this business plan and they didn’t tell you about it, I’d be pissed. You might want to look for some new friends (smile).
Life After Retirement-Best Retirement Plan?
What is the best retirement plan? Well, I don’t think it’s the first of the two above. I think the best one is one in which you have most of the control, where your earnings are up to you and you’re not limited and where you can take advantage of the tax benefits that wage earners don’t get.
You could be 60 years old right now, have no retirement money socked away and still get to where you want to be. Working one, two or even three jobs will not get you there. If you don’t know yet what I’m talking about, although I suspect you do, it is network marketing, multi level marketing, MLM. It is a very legal and, I must say, very desirable way to plan your retirement.
Whether you know nothing about it, have tried it in the past and only succeeded in running off your friends and family, you need to look at it today. Network marketing has changed, especially with the internet.
The ball is in your court. I wish you the very best whatever you decide to do. By the way, I’m 56 years old and was in the same boat you might be in. I consider myself very blessed and lucky to have the best retirement plan. That’s why I wrote this retirement article.
Source by Roger D. Blackwell