Archive for the ‘Financial Success’ Category
A fascinating discussion . . . and advice. As Gary told his employee, “try to do a couple of things that feel uncomfortable. It’s always stretching yourself.”
If a recent report on the status of United States retirement security isn’t sobering, nothing is!
The Government Accountability Office, the nation’s top “auditor”, says that “ . . . the American retirement system — Social Security, workplace retirement plans and individual savings — will not provide adequate retirement security for a growing number of people . . .”
>> GAO report says American retirement system not providing adequate security <<
The risks to retirement security are not in just one area. It’s Social Security funding, underfunded programs to guarantee private sector retirement security, and a shift to plans that put more of the financial burden on the employees.
So, what can you about it?
If you are 40 years old, and realize you haven’t been investing (saving) regularly, it’s not too late.
Investing $800 a month for 25 years will allow you to retire with $1 million dollars in your investment account.
So, how do you squeeze out $800 per month from your household budget for your retirement security investing?
It might just be time to start a side, passive income business.
Think of it as your retirement account . . . because when you get to your “golden years” you want that additional income stream.
You can get some “by the facts” help in evaluating a home business by clicking here:
>> Working Smarter <<
Is it time to take hold of your financial security?
