The
Baby Boomer Syndrome
Finding A Suitable Replacement Income For The Mass Amounts
Of Baby Boomers Who Are Reaching Retirement Age Without A Reasonable
Level Of Retirement Income
According
to the U.S. Census Bureau, there are over 78 million Baby Boomers
that consist of a group of people born between 1946 and 1964.
That currently makes Baby Boomers the largest generation in today's
workforce, and as they start to retire over the next decade, they
will be faced with the daunting task of maintaining their pre-retirement
lifestyle.
Compared with what previous generations
faced as they closed in on retirement age, Baby Boomers typically
have higher income, and have accumulated more wealth to help with
their retirement. Overall, a percentage of Baby Boomers will have
a higher income in retirement than their parents had, and they
are much less likely to live in poverty after they retire.
While this is true for some, there
are many who still enjoy this higher income, but have not prepared
well in terms of savings for the years to come. This group continues
to live a nice lifestyle while taking advantage of life's luxuries,
but has not saved anything that will allow them to continue this
life and lifestyle into retirement.
There is a whole group of others
who have worked hard all their lives, but lack of job security
and other circumstances have forced them to live from paycheck
to paycheck, not having the means to retire at all.
The evidence is clearly showing
that Baby boomers will not be able to count on what was previously
considered retirement security. Private-sector pensions and personal
savings are no longer adequate to ensure that most Americans will
have enough to live on when then retire.
In addition, people live much longer
today than they did in the past, and as a result, they need more
money to secure their retirement years. Spending thirty years
in retirement is not out of the question anymore, and with that
longevity, retirees are faced with the very real risk of actually
outliving their retirement assets.
How Much Income Do You Need to Retire?
Understanding
how much income one is going to need is a difficult task, and
expectations are very different today than they were for previous
generations. Financial experts used to say that the goal was to
be able to replace somewhere between 60-80 percent of one's pre-retirement
income. The reason for that number was the assumption that expenses
would go down after retirement, but that is not necessarily the
case any more in this day and age.
People have a different vision
of retirement today, and that vision does not include the end
of having fun while living a productive life. Retirees want to
live a lifestyle of their dreams, do exciting things including
travel, and be able to handle the high costs of housing, health
care and long-term care as it becomes more necessary.
In reality, many Baby Boomers will
not be able to afford to retire, but they will not be able to
continue working productively either. They will be forced to fall
below the poverty line as they are faced with financial insecurity
combined with poorer health in their "golden" years.
According to Benjamin Stein of the National Retirement Planning
Coalition, "Tens of millions of Americans are seriously
underprepared to meet their financial needs in retirement."
As many as 40 percent of Americans have saved almost nothing
for retirement.
So,
if you are a Baby Boomer nearing retirement, and you don't see
where your retirement income is going to come from, then it is
time to take action before it is too late. Your future is not
set in stone, because there are steps that you can take to help
change the picture of your future. You can still save for retirement
and provide yourself with the necessary assets you need to bulk
up the size of your all-important nest egg.
The goal is to find a means to
generate income for you now as well as far into your retirement.
Preferably, it would be something that you can do from home, or
from anywhere, and it cannot interfere with your existing life
requirements. That may seem like quite a tall order, but there
is an opportunity that meets these requirements, and it is the
perfect way to help Baby Boomers prepare for the retirement they
dream of.
What Does Your Future Look
Like?
Do
you fall into the category of Baby Boomers who are not fully prepared
for retirement? Do you believe that your lifestyle will begin
to suffer when you retire?
Will you ever really be able
to retire, or will you always need to work in order to provide
for yourself and your loved ones?
Don't let your future be decided
for you when you CAN do something about it. Most importantly,
do not wait until it is too late. There has never been a better
time to get started in a remarkable business that is changing
the retirement landscape for so many Baby Boomers.
Technology and the current business
climate enable you to establish and build a business from the
comfort of your home or even from a hotel room or a beachfront
resort. You can live and travel and build your new business
from anywhere in the world.
Internet access and a telephone
are all that you will need to build a successful business, and
our team of trained professionals will educate you and help guide
you down the path to success. It is amazing to think that you
can so easily change an uncertain future, and begin to look forward
to the retirement lifestyle you always hoped for.
It is time to stop worrying
how you are going to afford to live the rest of your life, and
instead, take the first step towards securing your financial
future. If you are ready to learn how you can begin to generate
a substantial income right away that can continue to provide for
you and your retirement, then you are at the right place. Fill
out the form below for additional information.
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Please fill out the webform
to the right giving your general contact information. After
you do so, we will contact you to share more about this
opportunity.
Success in business and in life is up to YOU... Take
a chance. Make it happen.
Jenn Sample
401-849-2639
Email
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