This retirement advice is not for you if you are not looking for a way to make more money. This is not stock market recommendations.
Retirement Advice-You Don’t Have Enough Money
It’s pretty scary the number of people who are close to the retirement age, whatever that number is to you, who have not put away any money. Of course, the big group of those people is the baby boomers who were born between 1946 and 1964. I’m right in the middle of that at 1955 so I’m one of you.
I never thought seriously about having enough money “someday” to take care of myself. I was too busy living it up, partying and buying the latest cool thing even if that meant borrowing the money to do it. Debt is another big part of the problem and I’m not going to cover it here except to say; get rid of it as fast as you can.
So how far away from retiring are you, 1 year, 3, 5, 10? Obviously the further away you are from it, but are waking up to the reality, the better. If you are within, say, 5 years, and have no money, do you think you can start saving now from the money you make on your job and get to where you need to be? You need an alternative?
How About A Business?
We’ve already established that you don’t have very much money saved towards retirement. If you have a job, even a pretty good paying job, you don’t have enough time left to save enough now. Do you know that if you start a business at home that you could even start keeping more of the money you make from your job?
Business owners have tax advantages that wage earners just don’t have. As soon as you establish your own home business you will begin to keep more of your own money. Who better to give your money to than you, right?
Now I’m not talking about buying franchises or the kinds of businesses that cost tens or hundreds of thousands of dollars just to get started. I’m talking about a business that you can start for under $1K.
I don’t know what you know, what you’ve heard or what your beliefs are. I only know
what I know and that is that starting your own home based business in the online marketing industry can get you to where you need to be faster than anything else, except for maybe winning the lottery. If you are of the lottery mentality you might as well stop reading now and go buy your tickets.
Financial Retirement Advice
I’m in the same category as you but I’m no longer in the same boat. I saw the writing on the wall and did something about it. I did not want to depend on Social Security as my only income. What kind of way is that to live? That’s not living, that’s struggling.
This financial retirement advice is probably not what you’re used to seeing. It may not even be what you expected. But unless you already have all the money you need, it’s something you need to consider. You don’t need retirement investing advice if you don’t have any money.
My goal for my wife and I for some time has been; to be able to do whatever we want to do whenever we want to do it. With your own business in the online marketing industry you can reach your goals whatever they may be. It takes work and persistence but there is absolutely no better way to get to where you want to be, faster.