By Greg Nilson
In my previous article (please see, "The Way We Work Is Changing), we looked at how business and creating income has changed - and why we need to change with it. Let's take Evelyn - a beautiful secretary who just turned 66 years old and wants to retire (and deserves to) soon. She has been fed the line for the last forty-five years that if she would save a little every month in her 401(k) and retire at about 65 years old, that everything would be fine. Well, as we know, that over the last couple of years, those of us that saved, put a few bucks away every month, had suddenly watched our retirement disappear. I personally lost over 60% of my 401K. This is what got me so mad that I wanted to do things differently. I realized that I need more streams of income than I had. So, I went out and tried a few. Some worked, some didn't. But those programs that have worked, has made my life easier, better, and much more enjoyable.
Even if you only skim the papers, you know that today's seniors or middle aged workers are struggling. Some are starting over - as they had when they were in their early 20s - but with no security and not much time to use compound interest to secure their future! How scary is that?
Today's seniors were once told that all they would have to do was to save, live frugally, and plan ahead. But we know that for many, retiring today is an elusive dream. Instead of planning their retirement - they are looking for work to make ends meet. Instead of enjoying their "Golden" years, they are supporting grandchildren, providing housing to their kids, and even providing necessary babysitting services for their families. Today's senior is certainly in a tough financial spot with not a lot of wiggle room. This book is also for seniors, who would like to work a few more years - but don't want to spend six months to a year looking for a job.
Why any of this matters? The reality is that the stuff being fed to us and the way we are currently preparing for it is taking us in the wrong direction. And the thing is, it will only get more challenging - for all of us. How we prepare for our immediate future is the very thing that will determine if we are ultimately successful or not in this new economy. And believe me, unless you plan to check out really soon, you are still a part of this economy.
I had the unfortunate and sad experience of watching my older brother die from cancer. It really hurt. But what was insult to injury, the insurance companies, hospitals, attorneys, and everyone else came after his family for the bills even though he had great insurance! Yeah, well, it was great for the insurance companies that's for sure! It turned out, that my brother ate through his saving and possessions after he passed away. My point is, we can never make enough money - especially when we are looking into retirement.
The solutions, that I propose is that each of us create more income streams than we currently have. If you're reading this, you probably already have the biggest tool you need right in front of you - your computer! Look, your computer can be used for more than checking the news, emailing your friends, or Facebook - use it to make a little money.
job, jobs, career
Even if you only skim the papers, you know that today's seniors or middle aged workers are struggling. Some are starting over - as they had when they were in their early 20s - but with no security and not much time to use compound interest to secure their future! How scary is that?
Today's seniors were once told that all they would have to do was to save, live frugally, and plan ahead. But we know that for many, retiring today is an elusive dream. Instead of planning their retirement - they are looking for work to make ends meet. Instead of enjoying their "Golden" years, they are supporting grandchildren, providing housing to their kids, and even providing necessary babysitting services for their families. Today's senior is certainly in a tough financial spot with not a lot of wiggle room. This book is also for seniors, who would like to work a few more years - but don't want to spend six months to a year looking for a job.
Why any of this matters? The reality is that the stuff being fed to us and the way we are currently preparing for it is taking us in the wrong direction. And the thing is, it will only get more challenging - for all of us. How we prepare for our immediate future is the very thing that will determine if we are ultimately successful or not in this new economy. And believe me, unless you plan to check out really soon, you are still a part of this economy.
I had the unfortunate and sad experience of watching my older brother die from cancer. It really hurt. But what was insult to injury, the insurance companies, hospitals, attorneys, and everyone else came after his family for the bills even though he had great insurance! Yeah, well, it was great for the insurance companies that's for sure! It turned out, that my brother ate through his saving and possessions after he passed away. My point is, we can never make enough money - especially when we are looking into retirement.
The solutions, that I propose is that each of us create more income streams than we currently have. If you're reading this, you probably already have the biggest tool you need right in front of you - your computer! Look, your computer can be used for more than checking the news, emailing your friends, or Facebook - use it to make a little money.
job, jobs, career
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