Every worker’s hope is to retire comfortably. But there is a big difference between hope and a reality. Many workers experienced shocking downfall in their retirement savings. The social security payments are not enough to cover normal living expenses.
As we know, many people either weren’t able to save or neglected to. Pensions — regular payments from an employer paid out after retirement — are in serious trouble. A study from the World Economic Forum says by the year 2050, that shortfall worldwide will reach $400 trillion in overall retirement savings.
There is biggest retirement savings gap in the U.S. – savings shortfall of $28 trillion. What does that mean? You might not get your pension unless things are addressed.
Thus the question you should be asking yourself is what you can do to put yourself in a better position to retire. Thankfully, there’s a lot of advice out there.
The simplest and easiest way to get started is to enhance your savings. You can and should be sticking to a budget and controlling your spending. In addition to your regular paycheck, you may want to increase your income.
There is a serious concern for people who are about to retire or retiring in the near future. These are members of the baby boomer generation. They may not have enough savings thus they may have to take up part time job as cashiers or Walmart greeters. That is not the way to spend your golden years. There is a better way.
You have experienced the world as no other generation has experienced. You may have enjoyed the fruits of prosperity. You have also experienced the enslavement by the corporate world- worked 40 hours a week for 40 years- with nothing to show for it. Now it is time to cash in on your experiences.
At this stage you can guide people to become financially independent so they will not be victim like you. You may have hesitated to be in a business of your own. Now you can because it is better than flipping hamburgers or becoming a Walmart greeter. Your life experience has more value than that.
How I can do that, I have no experience in doing that, you may ask.
Let me address the benefits. You are likely to earn more that flipping hamburgers. You are likely to help future generation by showing them how they can also have their independence and not rely exclusively on a job. Now, even better you can be travelling the world. It is win-win situation. Don’t regret the past but let the past guide you to your independence.
You can become a consultant. The world has changed but our schools, colleges and the corporate structure have not been teaching how to adopt to new world of globalism. You can direct the people to share the fruits of the new world. The only thing is required that you are determined and have the drive to succeed.
The system is simple and you get a personal coach that will walk you a simple and comprehensive training program. Believe it or not, after the training you will generate BIG commissions.
The interesting feature of the consultant business is that 90% of the work required to run your business is done for you. But you do have to be seriously involved. Most importantly, you have the option of deciding how much you want to earn and keep most of it!
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