How To Have A Fantastic Retirement

Many Baby Boomers have now retired or about to retire during the next 15 years. Baby Boomers have a few endearing traits that make them an important retirement group of people.

You want to live longer, more productive lives
You want to look good
You want to be healthy
You want security
You want it now

You have proven you are willing to spend today to have it today. You are not scared of spending.

In fact the you Baby Boomers have come up with a new terminology - SKI - to get your kids used to the fact that it is likely you will not leave any inheritance when you die.

SKI: - Spend the Kids Inheritance! In fact many people retired, or planning on doing so, have had to dip-into the SKI because their savings and investments are now shot to pieces!

I think it runs even a little deeper.

I think they are scared they do not have enough money to retire in the fashion they have become accustomed to. Many have been so busy having a great life they did not take the time to save enough to have a fantastic retirement.

They are suddenly realising they have not saved enough along the way, and have eaten into the equity of the family home and other assets, especially since share-markets and real-estate have lost so much value! Are you in this position?

Previous generations protected their accrued assets so they could pass them on to the next generation, and still have serious retirement money. Nowadays that is not so easy to do!

So then, what are the Baby Boomers alternatives with regard to funding your retirement?

1. Save - retirement/mutual funds?
2. Purchase appreciating assets - property & shares?
3. Win Lottery?
4. Inheritance?

How much income do you need so that you can have a fantastic retirement? Let us say it is at least $40,000 pa.

For an income of $40,000 pa you would need around $800,000 of freehold property investments returning 5%pa. Very few retirees have that.

Have a look at these frightening stats:

In 2004 a survey in a Western country found the average couple retiring at age 65 had $122,000 in savings, $86,000 in debts - credit cards, vehicle & mortgage loans, leaving $36,000 left! Hardly enough to have a fantastic retirement. Scary!

It has not worked in the past.. but what if at 40 you had started preparing?

To have $800,000 in an investment by age 65 would require at least $25,000 invested each year. Would you have the ability to save/invest at that rate?

Well, you don not need $800,000 principal ~ an MLM business producing $3,400 pm does the same job, but no principal required!

So now you can satisfy your retirement needs with a Network Marketing business!

MLM/Network Marketing is the perfect business model.
No capital risk; no premises, stock or staff required.

There are many ways you can find other Baby Boomers who are looking for your help. By far the best way is through the internet where millions are searching daily for answers about how you can have a fantastic retirement.