Thứ Tư, 16 tháng 11, 2011

Is Early Retirement Planning Realistic Anymore?

By James Lynch


With the cost of living increasing, people living paycheck to paycheck, and the retirement age becoming a distant reality, it's become a sad truth that a lot of people will never be able to retire. They simply cannot afford it.

The days of graduating college and working for one company the rest of your life are gone. The days of working hard, proving yourself, and providing value to your employer is no longer important anymore.

Employers are more concerned today about how old you are and how much they pay you rather than how hard you work.

Do you really think your employer cares if you're ever able to retire? The truth is that they only care about how much money they make and they don't care who they hurt in the process.

Do you think that your 401k will save you? Take a look at it. Is there enough money in there right now to take you through the ages of retirement? Do you think that you'll be able to save enough money to eventually get there? Is early retirement planning a viable option for your future?

You need to do something different with your life if you ever want to make early retirement planning a reality. It's obvious by now that if it's every going to happen then you have to make a serious change in your life. What change do you need to make?

Start your own internet business.

The online business industry is creating a wave of excitement around the world. Entrepreneurs are joining this industry by the millions because they are dying to get out of the 9-5 rat race.

People are tired of going home to work everyday only to receive a tiny paycheck that barely makes ends meet. They are under appreciated by their employers and it's taking a toll on their lives.

Starting your own internet business will give you the flexibility to become your own boss and create a solid income which could transition into a full time career if done properly. If you want to have success in this industry then you need to put as much effort into it as you would your job.

You need to show up everyday and put in daily consistent effort if you want to see results. What you put into your business is what you'll get out.

Early retirement planning is a much more viable option running your own internet business because you're in control, not your boss.

Income diversification and having multiple streams of income are crucial if you want to build your financial portfolio. Owning your own online business will help you to do this.

People are now able to invest in virtual real estate on the internet and create multiple income streams rather than having to purchase brick and mortar businesses.

Being able to invest in virtual real estate is much more cost effective than purchasing traditional real estate or purchasing businesses, plus you don't have to leave the house to do it.

Early retirement planning can happen for you if you give your business the time that it deserves. It will take a lot of time and effort but the rewards are very well worth it. Just think about quitting your job and hanging on the beaches of the world. This can happen for you if you're willing to do whatever it takes to fight for your dreams.




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