| Most financial planners based their
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| | Kiyosaki, author of Rich Dad Poor Dad,
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| reduced income calculations on the
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| | and real estate tycoon Donald Trump both
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| premise that retirees don't require as
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| | have said: "To reach financial
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| much income as they did while working.
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| | independence, you need to have multiple
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| The fact is, however, retirement income
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| | streams of income." They both have also
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| needs are likely to rise with age as
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| | said that network marketing is the way
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| health care needs grow. Seniors are
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| | they would advise the average person to
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| living longer. Prices for important
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| | develop those income streams.
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| consumption items of seniors, such as
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| | You've now reached another decision
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| prescription drugs and long-term care,
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| | point. You must decide whether you will
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| have risen. While the consumption of
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| | remain in your present financial status
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| other items may decline for retirees, it
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| | or make a change and move toward more
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| seems entirely reasonable to think that
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| | wealth. If you choose not to make any
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| health care cost increases will more than
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| | changes in the financial direction of
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| offset those predicted declines. And if
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| | your life, that's perfectly o.k. with me.
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| retirees are able to pay off their
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| | I know how difficult it is to make any
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| mortgages during their pre-retirement
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| | kind of changes in your life. To
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| years, away go the mortgage interest
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| | paraphrase an old physics theorem: A body
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| deductions, their number one tax
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| | at rest tends to remain at rest until put
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| "shelter". So are their taxes really
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| | into motion by some force. Habits are
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| lowered? For many homeowners, they are
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| | hard to break, especially when so few of
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| not. The sad thing I've discovered is
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| | us even readily identify more than a
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| that most of us do not believe that we
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| | handful of the hundreds of habits we've
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| have the power or ability to choose to
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| | formed.
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| have more wealth in our lives. I felt
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| | If your choice is to desire more wealth
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| the exact same way.
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| | in your life and you are willing to put
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| Please believe me when I say that
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| | in the work to attract it,
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| financial planning is a really, really
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| | congratulations. I'm not talking about
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| good tool but it alone is not enough to
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| | any "get rich quick" scheme. I'm talking
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| move you to financial freedom. Also
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| | about committed, sustained, purposeful
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| believe me when I say that planning in
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| | work. Think about your decision for the
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| and of itself is not the problem. To put
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| | next few days, and if you are truly
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| it bluntly, YOU NEED MORE INCOME. Rarely
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| | ready, we'll get started in the next
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| does working on a paycheck-to-paycheck
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| | article.
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| job helping someone else live their
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| | Remember, you do not have to live on less
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| dreams allow you to live yours . Saving
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| | in retirement. No matter where you are
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| for retirement is a tough assignment for
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| | right now financially, you can build and
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| most people, not to mention reaching
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| | enjoy a Million Dollar lifestyle
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| financial independence. As Robert
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| | retirement. Peace.
|
