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Boomers – How To Create the Income You Need for a Comfortable Retirement
Seventy-eight million Baby Boomers face a massive problem that will doom their retirement to poverty, illnesses most can’t afford to treat, and a miserable quality of life just when they wanted to relax and check off their “bucket list.”
The problem, simply put, is low income to pay for rising costs. Real inflation is now more than 7%, according to an estimate by economist John Williams of Shadow Government Statistics and has every reason to increase, as more and more bailouts, wars and other government programs have to be paid for by creating new money.
Working until we die is not a realistic option
Few of us are healthy and working one day and dead the next. There is usually a period where health fails, making it possible to work — while expenses increase.
The real nightmare that no Boomer wants to think about is needing long-term care without having the means to pay for the best care.
Betting what’s left of your life savings on stocks, bonds, currency arbitrage, penny stocks or the lottery is not a wise practice. Statistics show that most boomers don’t have enough capital to leverage the amount of ROI they need anyway. As they say, it takes money to make money — and most American Boomers don’t have much to spare.
Gambling your remaining savings on the uncertainties of the financial markets is — to put it mildly — unwise.
Waiting for the economy to come roaring back is also a bad bet. Home prices, adjusted to account for inflation, will never regain the high valuations we saw in 2005. The high yields of real estate appreciation were a “bubble” caused by loose lending policies from the Federal Reserve. The bubble has burst — it’s Game Over.
The economy and our global work system are changing. True, there are new high-tech fields where work can be done from home, but most Boomers do not have the specialized education necessary, nor do they have the time or inclination to obtain it.
Fortunately, in all this gloom, there is an answer to the problem of millions of Boomers. It is Network Marketing and millions are already successfully using it to generate all or part of their family income.
is this you
Millions more are looking at network marketing for the first time, wondering if it could be the answer to their prayers. It can be, but there are so many misconceptions that get in the way of understanding what network marketing is, how it works, what it takes to be successful and how to choose a good company.
There is not space here to answer all these questions and concerns. The main purpose of this article is to point out the urgent need of millions of American boomers (although many may not acknowledge it) and a viable solution that — if implemented in time — can provide a comfortable retirement income that can last before. inflation
Unfortunately, most who need this will not listen. They will find reasons to believe it won’t work, without really looking at it. When the time of crisis comes, they will be unprepared for the economic disaster that now seems inevitable.
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