Uncategorized Vivian | 05 Apr 2010 09:44 am
Retirement Income Planning – How Will You Manage?
Once a upon a time retirement income planning was simple.
If you hadn’t built enough assets by the time you retired the government would provide for you.
However baby boomer trends are changing all that, the baby boomers have been changing the world ever since they were born. Now retirement income planning is changing as a result.
The retirement realities of low interest rates and high life expectancies is now presenting a very real risk to retirees. Even retirees with assets may be at risk of struggling to afford even the essentials of life. Will their assets last long enough?
If you are a baby boomer, reality may be starting to really hit home as you wonder how you will manage. To understand how much your will actually need in the way of income take a look at the retirement income planning chart.
Today, one of the options many baby boomers are taking, is to put in place a solid retirement income plan now. One that not only intelligently diversifies investments but also adding an addition source of income with a residual income business opportunity.
With the changes in technology, internet and marketing methods it just makes sense to take a serious look at an alternate residual income opportunity. If retirement is only 5 – 10 years down the track there is still time to start now,. Time to build a solid strong long term income to supplement any other investments a retiree may have.
Choosing the right opportunity is essential. One that taps into market trends, with a consumable product and solid track record of reorder.
Your retirement years don’t have to be full of stress and worry about finance’s. If you take action now. There is time to put effective planning in place.
Delmae Bower writes from Melbourne, Australia and has 25 years experience in with her own home based business in Direct Sales and Network Marketing.
http://www.my-homebased-business.com/retirement-income-planning.html Permission is granted for reproduction of this article so long as all credit and links are kept in tact.