Risks Threatening Current – or Future – Retirees

If you’re one of the “Baby Boomers,” you’re probably evaluating stopping work – if you haven’t already retired.  And if you have already retired, chances are that you’re considering when you’re financially able to afford to stay comfortably retired.

Recent financial crisis compounds the situation greatly by compounding the following retirement oriented risk factors:

1. Average Life Expectancy Is Longer

Current life expectancies are longer than their parents. For example, in 1970, a 60-year old white male had a life expectancy of only 16.2 years; but, by 2008, his life expectancy had expanded to 20 more years of life.

So how is the senior going be able to afford to pay for those additional 3.8 years? Following are several possible solutions:

> Supplement pre-retirement savings

> Work longer

> Live with with relatives

> Get by with a reduced lifestyle

2. Escalating Health Care Costs

Adequately funding one’s medical care coverage are among the most difficult financial planning tasks, mostly because requirements are so person-specific, with requirements differing substantially between spouses. Long-term care requirements are even harder to predict and arrange adequate funding.

Medical expenses have risen at a rate greater than 5% (inflation adjusted) for the past 15 years – a rate that is greater than the growth in family income. Medicare costs are expected to rise similarly.

3. Legislation May Impact Retirement Benefits & Benefit Programs

It has been widely reported that the expenses associated with the major entitlement programs (e.g., Social Security, Medicare, and Medicaid) are growing more rapidly than other sectors of the economy, and some economists challenge their long-term viability because of the combined effects of increased longevity, size of the retiring population, and increasing health care costs in general.

Further, immediate questions concerning ongoing health insurance throughout retirement, and at what financial levels, are rampant in today’s economy – and these questions are given even more fuel by auto industry, and other, corporate reorganizations.

There is currently a lot of debate about a national health care program – but such debates have been ongoing for decades, with few benefits to show for those efforts. Although President Obama will be leading a national health initiative this year, many people expect a lot of opposition from Congress.

Most people believe that people past age 55 will be protected from reductions in these social programs, but maintaining full coverage for them is a two-edged sword – doing so increases the likelihood of a new value-added tax, which would likely add to retirement tax burdens.

4. Sometimes One’s Retirement Date is Dictated, and not Totally Up to the Individual

Per the 2004 Health and Retirement Survey (HRS), 37% of seniors are forced to retire. This can occur due to bad health or economic downturns, etc.

5. 401Ks Have Been Decimated

Did your retirement savings (including your 401k) take a major hit with the stock market meltdown last year? My investments were deeply affected. Many people saw their 401k and other stock market accounts take a 50% hit, which has led many comedians to rename them “201k”. For many people, their 401k was the bulk of their retirement savings, so this stock market crash substantially damaged their retirement plans.

Humpty Dumpty Was Not a Retirement Expert

But, the news is not all bad. You can fix a broken egg – a broken retirement “Nest Egg,” that is.

You can work longer, semi-retire and take a part-time job, work from home, start your own business, etc.

If you’d like to start an online business, but are hesitant because you’re not an internet expert, one excellent starting place for securing all the understanding about internet marketing that you will need to be successful is to enroll in the Online Success for Beginners classes.

A report by Butrica, Smith and Steuerle (2006) noted that working just one (1) extra year can augment annual retirement income by 9%, while working a total of five (5) extra years can generate an extra 56% annual retirement income.

If you’d like to learn how to generate a supplemental income, so that you can have a comfortable, financially secure retirement, check out Darren Salkeld’s new MaxPro Marketing System and get his FREE Report and FREE Audio describing the age-old secrets of creating wealth.

Challenge Your Fears

Everyone has dreams of one sort or another, and most of us have dreams of living the good life, having an income that will let us spend quality time with our families and enjoy the finer things of life.

Past disappointments with other home businesses tend to make us hesitate when faced with new, better opportunities.  Fear of failure keeps many people from becoming successful internet marketers.

Change is everywhere, and nowhere more prevalent than in the internet marketing industry.  So how do we find the wisdom and the courage to take the next step on our journey to achieving our goals?

Attitude Is Important

Sir Winston Churchill once said, “Success is measured by your ability to maintain enthusiasm between failures.”

Every day my inbox is filled with advertisements for newer and better ways to perform internet marketing.  But distinguishing the good ones from the bad ones?  In many cases, the only way to find out is to give them a try.

Success Personality

One Gallup organization in-depth study of the “success personality” explored the attitudes and traits of 1500 randomly selected individuals from Who’s Who in America. The three most significant traits they found were:

1) Common Sense – the ability to simplify a complex subject by getting to the core of what matters

2) Knowing One’s Field – first-hand knowledge as well as support from experienced coaches, and

3) Self-Reliance

Noted author, Brian Tracy, has stated, “All successful men and women are big dreamers. Winners visualize and then realize their perfect futures.”

Success Formula

If you want to achieve your dreams, apply the following success formula:

1) Determine your desired outcome(s)

2) Be proactive – meaning, do something!

3) Notice and feedback results

4) If the results are not what you want, change your strategy

For internet marketers, the ability to maintain enthusiasm between failures (or more likely, between massive sales) will, indeed, separate the successful ones from the unsuccessful ones.

And one of the best ways to maintain your enthusiasm is to associate yourself with successful people – teachers, mentors and other gurus who’ve “been there and done that” and are already successful.

One very good starting place for picking up all the education about internet marketing that you’ll need is to join the Online Success for Beginners program.

Have you recently been laid off?

And since then, have you discovered how extremely difficult it is to find a new job in this recessionary economy?

Current State of Affairs

If so, you have lots of company.  December 2007 marks the official beginning of this recession, and since then, more than 5.7 million jobs have disappeared.  According to the Associated Press (AP), after the May 8th release of the April, 2009 unemployment numbers:

• 13.7 million individuals were unemployed in April, 2009, and that was the biggest number since 1948
• 539,000 jobs were lost in April alone
• 8.9% unemployment (the highest since September, 1983), but if those who’ve been laid off and just given up or taken part-time work, are included, that number jumps to 15.8% – the highest since 1994

If you’ve been out of work for more than a month, you may be feeling angry, or maybe even a little panicky as you observe the pages of the calendar turn, with still no job on the horizon.  In addition to your short term worries, you’re probably also concerned about things like being able to send your kids to college, or how to fund your retirement.

There are essentially three options in this situation:

1. Freak out
2. Keep doing what you’ve always been doing (the same things that haven’t yet found you a new job), or
3. Try something new

Option 1:  Freak Out

The first option, panic, is entirely counter-productive, and ought to be avoided at all costs.  A little fear is a good thing; it can even help us save our lives in dangerous situations, by engaging the fight or flight response. Panic overloads our nervous system, reduces our creativity, and generally degrades our ability to respond to life’s challenges.

Option 2:  Keep Doing What You’ve Been Doing

If doing what you have always been doing had been successful for you, you wouldn’t be reading this article right now.  If you keep doing what you’ve been doing, you can only expect to get more of the same.

Although there seems to be a little bit of a light at the end of this recessionary tunnel, good people I know have still been unemployed for six months or more.  Despite doing all the “right things” (e.g, answering help wanted ads and sending out resumes), what have they got to show for all that effort?  Zilch, nothing.

In this recession, people aren’t even getting callbacks about jobs they’re qualified for.

Option 3:  Try Something Different

The third option – do something different – seems to be the only plausible solution.  When you have so many choices, it is difficult to know where to begin?

I suggest you  start an online business .

• Take control of your financial security; don’t let others determine whether you have an income or not.
• Don’t let your job keep you from spending quality time with your family and friends.

Take charge of your financial future; become your own boss!  Invest in your financial security by starting your own home business!

A superb place to start for obtaining all the necessary understanding about internet marketing that you will need is to sign up for the Online Success for Beginners program.

Home businesses account for approximately 7 billion annually while providing tax benefits, more control over your time, your work, and your financial security.  If you were to apply the Law of Large Numbers to your personal situation, you could minimize your income risks during this recessionary economy. Insurers mitigate their risk of loss by spreading that risk across thousands, or even millions, of customers.

Starting an onlne business will help you mitigate the risks of this recession by spreading them across multiple customers, regions and even countries.   To increase your financial security, and income stability, apply the Law of Large Numbers to your personal situation.while building a quality life

Boomers Love Life!

Baby Boomers have attained their 50’s and 60’s in large numbers and have promised themselves that they would never age badly. As a generation we’re more active, more alert, and more involved in the entire world than any previous generation at the same age.

Many of us want to put the “rat race” behind us but we still need a regular revenue stream, and we want to stay active contributors in society (i.e., we’re not ready for the nursing home just yet).

Starting and running an home business is a wonderful way for Boomers to keep involved, develop a steady income, and simultaneously, enable the freedom and mobility that they long for.

Many Boomers love to travel, and specifically, they love RV’ing. Wouldn’t you like to know if there is a way to combine the two?

Happily, there is!

All you need is a computer with a wireless internet connection, an affiliate or other online business – and, of course, a recreational vehicle, or “RV” as they’re known. With this limited equipment, you can operate a million-dollar business from anywhere that your heart and the highway takes you.

During the summer, you may travel with friends or family in the North, but then when the weather turns bad and the temperatures drop, you might want to “blue-bird” it to the sunny South.

Combine Work & Play!

Either way, you can work your online business easily and comfortably from your RV – and you can work as much or as little as you choose!

This is a good way to take an early retirement, or add to your retirement income, plus, you won’t have to worry so much about what is going to happen to Social Security, health care, etc. because you know your internet business will be generating a steady second income for you, and doing so in a way that gives you the freedom and mobility you want.

I know this is possible, because I’ve been a full-time RVer and worked online greater freedom and mobility.

I’m operating my own internet marketing business. I’m a firm believer in “Stewardship Education” – meaning, what I learn, I share with others. I invite you to take control of your future and your financial security by joining my team.

One superb starting place for gleaning all the understanding about internet marketing that you will need to succeed is to enroll in the Online Success for Beginners course.

Serial Entrepreneur & Ultravagabond

Timothy Ferriss, author of the 4 Hour Work Week, is a self-described “serial entrepreneur and ultravagabond” who lives a lifestyle that most of us could only dream about — until now.

Ferriss presents a step-by-step guide to his free-wheeling lifestyle, allowing us to follow in his footsteps and realize lifelong dreams. Ferriss has been called “Indiana Jones for the digital age”.

Ferriss’ free-wheeling book has been a #1 Wall Street Journal Best Seller, a #1 NY Times Best Seller, and a #1 BusinessWeek Bestseller.

Replace Obsolete Assumptions

His basic premise is that we need to fill the vacuum created by replacing outdated assumptions with the “Rules of the New Rich”.

Home Business owners need to replace limiting assumptions and learn to enjoy life now. In particular, we need to replace assumptions that waste our time and force us to live in a particular location.  We’d like to be able to manage our businesses from anywhere, anytime.

Ferriss encourages us to abandon deferring a luxurious lifestyle and instead, build the life we want right now, using the currency of freed-up time and increased mobility.

Rules of the New Rich

According to Ferris, the “Rules of the New Rich” include the following:

• Retirement is Worst-Case Scenario Insurance
• Interest and Energy are Cyclical
• Less is Not Laziness
• The Timing Is Never Right
• Ask for Forgiveness, Not Permission
• Emphasize Strengths, Don’t Fix Weaknesses
• Things in Excess Become the Opposite
• Money Alone is Not the Solution
• Relative Income is More Important than Absolute Income
• Distress is Bad, Eustress is Good

The 4HWW Model

His model provides us with a roadmap for realizing our own lifelong dreams. He shows us how to:

• Live like a millionaire
• Free time and automate income
• Outsource our lives to overseas virtual assistants for $5/hour
• Travel the world without quitting our jobs
• Eliminate 50% of our work in 48 hours
• Trade a long-haul career for short work bursts and mini-retirements

He uses the DEAL acronym to describe his model, where:

• D = Definition
• E = Elimination
• A = Automation
• L = Liberation

He encourages us to use “Dreamlining” to design our own luxurious lifestyles. We can join the New Rich (NR) by focusing our current efforts on elimination, simplification and outsourcing.

Lifestyle Design (LD) incorporates elements of both art and science. Lifestyle Design (LD) relies heavily upon automation, i.e., building systems and processes that remove ourselves as bottlenecks. Don’t automate something that can be eliminated, and don’t delegate anything that can be automated or simplified.

Carpe Diem!

This book shows how to recognize and seize opportunities that others miss. Having choice; i.e., the ability to choose is powerful.

If you’ve ever wanted to work less and enjoy it more, read this book.

Tim Ferriss shows us how to apply our courage and self-confidence in realizing our lifelong dreams – easier and cheaper than we ever thought possible.  I plan to implement many of his ideas into my own life.

Agreat starting point for obtaining all the  knowledge about internet marketing that you will need to be successful is to join the Online Success for Beginners classes.

Lots of us opt to work at home to reduce the many problems resulting from the typical nine to five job – stuff like an unreasonable supervisor, too much to do and/or unbelievable deadlines.

Nonetheless, we may soon realize that working at home generates its own stressors.  So, how ought we cope with these new issues?

1.  Allocate A Pleasant Home Office

Make sure you have a dedicated workspace, along with all the required equipment such as phone, PC, printer, fax, etc . You will need a cosy chair and a solid desk.  You can make your office area more welcoming by seeing to it that you have plenty of space, lots of light – and, if you are a feng shui afficienado, have somebody come in and feng shui your workspace!

2.  Eliminate Needless Action Items

Go through your Task List and eliminate anything that actually doesn’t fit on the list, or anything that doesn’t truly need to be done.  Be strict in your decisions – eliminate as much busywork effort as you can.  Doing so will not only save you the effort you would spend trying to do those tasks – it will also prevent the strain and physical problems associated with worrying about those nonessential jobs.

3.  Acquire Required Tools and Equipment

The proper tools and equipment make any task much easier.  Invest the funds to get the basic equipment you need to do your work.  And, if your budget allows, spend some extra cash to get the conveniences that ( while not completely required ) will simplify your effort and make your life usually far less stressed.

Acquire a valuable, automated marketing management system and let technology handle lead management and order fulfillment activities for your business.

4. Employ a Virtual Assistant ( s )

Define tasks that are unremarkable, repeated and not among your core processes.  Look at outsourcing them to a personal admin (which is far more affordable than you could think).  Possibilities for outsourcing include article marketing, site design, SEO, backlinking, lead follow-ups, etc.

5.  Establish a Support Network

Working from home can become a particularly solitary activity.  Create a robust support network – this should be a bunch of colleagues with whom you get together through the web (e.g, forums, discuss rooms ) or a local group in your community or church.  The main thing is to stay in regular contact with folk who are important to you – and who can understand what you are going through as an entrepreneur.

One excellent starting place for picking up all the education about internet marketing that you will need to be successful is to join the Online Success for Beginners program.

6.  Manage Your Goals

Don’t look for miracles or overnite success.  Build a relationship with a mentor or friend who can help you set pragmatic goals and expectations – and help you stay motivated when things don’t go quite the way you need them to go. An online, or home-based business, is just that – a business.  As such it requires a continuing supply of clients and products and vendors, etc.  Each and every one of those presents another chance for a problem to occur, skyrocketing your daily stress levels – like the typical 9-5 job.

7. “Chunk-It”

Your great and challenging strategies may appear galvanizing, but taken as a whole, they can be extraordinarily overwhelming and scary ( e.g., “I need to be a millionaire” or “I want to retire in 5 years”).  The neatest thing to do with such optimistic goals is to “chunk them,” i.e, break them down into much smaller, more controllable chunks and then make a plan to gain each of those smaller goals.

8.  Eat Nutritional Foods

Eat a healthy, healthy diet loaded in fruits and vegetables.  Reduce or eliminate caffeine ( coffee, black and green tea, cola drinks, and chocolate ).

9.  Work Out

Exercise mitigates tension, increases oxygen to the brain, and gives a a brief interlude from intense eventualities.

10.  Rest & Relax

Try to book time in your schedule to slow down and do anything that you enjoy, even if it is just for a couple of minutes.

One of the biggest advantages of a run work-at-home} business is that you are now your own head honcho – but that is also one of the largest causes of stress in your life.  You are now the one person who needs to decide what jobs have to be done, when and by whom.

As a further step in reducing your overall stress levels, get the FREE MaxPro Report and Audio which will reveal the ancient secrets of creating wealth and show you further techniques you can scale back the stress related to running your online organization.

Have you ever wanted to become a millionaire, but thought that was just a childhood fantasy?  Don’t give up your dreams – becoming rich is achievable.

Did you know that some experts forecast there will be approximately 1,000,000 new tycoons created during the next ten years, and about 90% of them will become millionaires through internet marketing.

NicheMarketAdvisor.com reported (June 2009) that the number of millionaires in the US has doubled in one year, and most of them made their wealth using the Net.

A few of them, are of course, the “brainiac” types like Steve Jobs and Bill Gates, but plenty of these millionaires are ordinary people – just like us.  What differentiates them from the the rest of us, however, is that they are totally dedicated to success.  Millionaires hold on to a positive attitude that attracts wealth to them like a magnet.  They know that their thoughts create their reality.

As for me, I’m wanting to become a millionaire, too; are you?

There’s an old adage that goes like this:  “Yard by yard like is hard, but inch by inch life’s a cinch!”

It’s most challenging to become a millionaire on your own, but it’s much easier if you merge with a strong mentoring and support group.  A superb starting point for gleaning all the understanding about internet marketing that you will need to be successful is to join the Online Success for Beginners course.

Internet millionaires have a number of common qualities, but most important among them is an affinity for taking action.

Celebrated scientist, Louis Pasteur once said, “Chance favors the prepared mind” and so it is with entrepreneurs – those who are prepared seem to get more opportunities than those who are not prepared.

Millionaires in the making know how to recognize lucrative situations, and when they see one, they act – quickly and decisively.  Because they’ve done their research, they are ready and willing to take hold of opportunities when they appear. 

Now it’s your turn. 

This is your opportunity to discover what it takes to become a millionaire – and to learn that becoming a millionaire is well within the realm of possibility for you.  You don’t have to be a rocket scientist, or one of the Hollywood stars you see on TV or the movie screen.  You just need the yearning, determination, and the willingness to work hard and follow the guidance of experts.

If you would like to learn how to leverage your efforts, put your income on autopilot, and become a millionaire, get the FREE MaxPro Report and CD here.

Many people who are interested in starting a home-based business assume that because the country is in a major recession right now, this is not the time; however, I ask you to consider the facts:

1. As with most of the major life decisions, e.g., starting a business, getting married, having your first child – there is never a “perfect” time.

2. The real road to riches is to own your own business as 93% of the wealthy do.

3. In 2006, Fortune magazine called direct selling, including network marketing, “the best kept secret in the business world” with a 91% growth over the previous 10 years. It has a market of $30 billion in the United States and $100 billion worldwide. That figure is expected to reach 6 billion by 2012.

4. Network marketing has been called a “recession proof industry”.

5. Warren Buffet called his purchase of a network marketing company the best investment he’d ever made.

6. Tom Peters, author of In Search of Excellence, called it the first truly revolutionary marketing shift in the past 50 years.

7. Internet businesses don’t feel the impact of gas prices, parking fees and childcare expenses.

8. Owning an online business provides a number of tax advantages.

9. You, too, can become successful with an online business as long as you have basic language skills, and the ability to point, click and follow directions.

10. When you have your own online business, you are in control of your financial future – not some “boss” you must impress or hope is not putting your name on the next list of job cuts! The upside is great – you can make a lot of money.

Affiliate marketing programs are doubtless the simplest ways to initiate an online company, and most of them also include coaching referring to the product that you’ll be selling for them.

The issue with many online businesses, however, is that their coaching is bounded, and often centered only on instructing you on their product (s). Unfortunately, you’ll require more data than that.

A superb starting place for collecting all the rest of the understanding about internet marketing that you will need is to enroll in the Online Success for Beginners classes.

Don’t be discouraged if you want to start a new business – hundreds of thousands of new businesses will launch in the next 12 months; yours could be one of them. You can be among them? Aren’t you ready to leave all the job-related stress behind you?

Carpe Diem! Don’t let opportunity pass you by; seize the day! Today is the day to start your own business .