| The average retirement income for baby boomers is | | | | Higher prices and less buying power - Look at this |
| projected to give them a near poverty level lifestyle. | | | | headline from a major city newspaper in August, 2008: |
| That's shocking! | | | | RISING COSTS OFFSET STIMULUS CHECKS! |
| I just don't get it. People in the U.S. seem so intent on | | | | Consumers Pinched as Report Shows Wages |
| spending ever nickel earned today without a thought to | | | | Stagnant! |
| how they will finance their retirement. Warnings to our | | | | In other words, prices are going up faster than even |
| aging population have been published many times, so I | | | | tax refund gifts from the government can |
| won't repeat those frightening numbers here. It's | | | | compensate for. And this is just the beginning. Food, |
| enough to say that most folks just won't have enough | | | | gasoline, travel and the basics of life cost more every |
| savings or pension income to live comfortably in | | | | week. |
| retirement. | | | | What To Do? |
| Even for those who wake up and are ready to take | | | | Face it, you don't have a minute to spare. You must |
| action it's just too late save enough money to make | | | | get to work right now on a supplemental source of |
| much difference. | | | | retirement income. This is most urgent If you have |
| What's the solution? Most of these people must plan | | | | been relying on social security checks alone to support |
| on generating a retirement income streamif they | | | | your retirement. |
| expect to enjoy life. Yes, many will find some | | | | Even if you have planned for retirement income or |
| Wal-Mart type employment, but that will have a | | | | have a promised pension, I can almost guarantee that |
| minimal effect on their ability to enjoy their last years. | | | | what ever your monthly income is it will not be enough. |
| The real answer is to create your own, independent | | | | You must learn to earn through: |
| source of retirement income. That will become | | | | 1. The Internet |
| important even for those people who do have a | | | | 2. The Stock Market |
| retirement plan in place. | | | | 3. Real Estate |
| The Inflation Trap | | | | Any person can begin building a business and income |
| Washington's uncontrolled spending is creating an | | | | through the internet. You can work from home at your |
| inflation trap for most retirement plans. After flooding | | | | own pace, there is not a steep learning curve involved |
| the world with dollars to keep our economy from | | | | and you can get started for as little as $100. |
| collapsing the Federal Reserve must put on the brakes | | | | With some study and effort, after a few months you |
| by raising interest rates. That will send a shock through | | | | can find that you have developed a steady monthly. |
| the economy and prices will begin to climb. Inflation will | | | | At that point you have some choices. You can |
| stalk the land for years. | | | | continue building your online business or you can invest |
| Inflation robs each of us, because it makes every | | | | some of you income into dividend paying stocks or |
| dollar worth less. Inflation cripples our buying power. | | | | rental real estate. |
| Even those who planned well and have a source of | | | | If you will follow those steps I think you have a good |
| retirement income will find that income will just not | | | | chance of living a lifestyle you only dreamed about |
| support anything but a very frugal lifestyle. | | | | during your 9 to 5 years. |