You know how most people approaching retirement don’t have enough savings?
- It’s true. According to research, most people have not saved enough to make through their retirement years. In fact, a 2019 poll showed that 14% of baby boomers (born between 1946 and 1964) have nothing saved. Zero, ziltch, nada. Another report paints an even worse picture. It states that 48% have no retirement savings.
- Although we live a land of wealth and unlimited opportunities, most of us do not take advantage of them. We so easily fall in to the routine of working for a paycheck with raises and (maybe bonuses) that keep us anchored there. It doesn’t help that most American increase their monthly spending with every pay increase. It’s never ending cycle that ends at a cliff when the paycheck stop and the social security check starts.
- In 2020, the average monthly social security check is $1,503. Technically, that’s above the poverty line for a single person, but it’s sure not representative of the abundance we should be enjoying in the land of the free and home of the brave.
It’s not too late
The more you read about these grim numbers, the more that you wonder if you’re going to be in that category of people with too little saved to enjoy retirement. You didn’t work for 40+ years to live a life of bare existence, did you?
I help people over 55 find new ways of making money so they can reduce financial stress.
I do this by writing articles, podcasting and producing training videos about creating new income streams and tools to start a business. Building income streams outside of my regular career has been part of my life for years. From owning rental property to selling on eBay and Amazon, I’ve covered a lot of ground.
- Doing business in an ethical way that is consistent with Biblical teachings is important to me. If Jesus and the Bible aren’t your thing, that’s ok. You are welcome here. I just like to be up front and open about what my principals are based upon.
- The most important discovery I’ve found is not any specific business model, it’s the level of commitment you bring to it. If you’re ready to get serious about finally establishing income streams outside of a regular job, you’ve come to the right place.
- Entrepreneurship is not just for the young. The world needs experienced people, like you, to make a difference by building wealth and prospering through all of your years.
Please, look around here. There are many articles with helpful hints, creative “hacks” and business ideas that are sure to jump start your next chapter in life.
-Sean