Some of the most common questions people have about retirement are questions like “do pensions run out” and “what happens if I run out of retirement money?”
First of all, the answers to those two questions respectively are, they can and you’re screwed. That might sound harsh but this is a serious subject and honest and straightforward answers are necessary.
I’m sure you’ll agree with me when I say, I just don’t want to find myself in that position.
The good news is there is a way to get out of, or avoid it whether you’re in that position now or you want to make sure you avoid it in the future.
BUT! There is no magic wand and nobody is going to take care of you and do it for you. YOU have to do it yourself and it takes work. If that’s a four letter word you’re afraid of then look at the second answer in the second paragraph for your position in life.
Let’s say you would like or need to make $5000.00 a month for say 20 years. You would have to have about $1.7 million in your retirement funds to pull that off. That, of course, is if you didn’t do anything else when you stopped working.
How many people do you think are in that position? Are you? I don’t think too many people are in those shoes. So, they have to find another way or live in poverty for the rest of their lives.
Through not just this article but my website rogerdblackwell.com I have information about not just one way to avoid disaster in your later years, but several.
If you’re already passionate about something there may be a way to turn that interest into income. If you already have a product or an idea for a product we can guide you down that path too.
No passions or products? Get a chunk of other people’s passions and/or product’s income by affiliating yourself with them.
This is free training that I’m passing along to you that will teach you how to take advantage of the internet and the $2.5 trillion being spent every year on retail products. Scroll back up to the top of the page and enter your first name and best email to get the free training.
You can use this training to show you the path to whatever floats your boat.
More importantly, to avoid the total disaster of the poverty train. You’re the only one who can do it. I don’t know anyone in their right mind who wants to even come close to running out of money in retirement. I don’t want to live frugally either. I want to live! That means total time and financial freedom. You can start right now…here.