What will my retirement lifestyle look like

Are you thinking about retirement… not yet! The thirty-something might say…

Let me ask you this question… What would your retirement lifestyle look like, if you did think about it?

Most of us don’t want to think about the amount of funds we will need to be able to retire comfortably. We may have done the sums based on the super we have now, a panic runs through us, so we shut down. I’m stuck in this 9-5 job for the next twenty plus years and the chances of things changing are remote, you might say.

All the news reports are doom and gloom about retirement, they are now saying we will need one million dollars to retire comfortably in 2017. Who knows how much that will blow out to in the next ten years. They also say that 1 in 3 woman retire with no super and the rest only have $100,000 and men with $200,000 in retirement funds. If that’s not enough the government wants us all working till we are seventy.

This doesn’t look like a future retirement dream to me….

The media is correct

One thing the media is correct in saying… we need to do something more to secure our future retirement lifestyle.

When you look at the figures presented, a single person living on approximately $25,000 and a couple around $35,000 is not much of a lifestyle. You are on the poverty line.

I can relate to people not wanting to think about it, I did that for years. It’s not that I didn’t want to prepare, its more like I couldn’t see a solution. Throw in a few of life events, death of a partner, divorce and illness, all these circumstances can impact on your future retirement lifestyle dream.

Live your retirement!

Even if you are enjoying a great income… you have a nice Superfund nest-egg and own your own home, things could still go pear shaped.

We really need to have multiply income streams or know how to produce them.

Many are comfortable… with their retirement nest-egg working for them, they are also deriving income from their investment portfolios and life is good.

Or should be…

However there are just as many even though they would be classified as financially secure, do not enjoy their retirement they don’t want to spend it, they are full of anxiety and fear about the next rainy period, and they have forgotten how to live life.

So it’s not just about money, it’s about balance…

What would be the point of working hard all your life, if you didn’t know how to enjoy your retirement.  Or you are too scare to let go and live.

Personally, I think some get caught in a loop of collecting security in the form of super or property, it’s similar to the 9-5 treadmill many of us find ourselves on, but this treadmill goes on till they die. (if they don’t enjoy their wealth, their children or grandchildren or relatives will)

What is the answer? Retire before retirement!

In my opinion the answer is simple, you retire before retirement age. That doesn’t mean you sit on a beach somewhere doing nothing… it means living life on your terms and if that should mean sitting on a beach with a beer in hand in some exotic location, so be it. It’s your dream not mine after all! Find out what your why is?

How do I retire before retirement?

We have already established that some retiree spend little of their money, just in case of an emergency. They may well have their nest eggs working for them, however… this can have a psychological effect after working for decades in the corporate world, or in a previous business.

There is only one way to retire early….  learning to create an income stream that you can develop before retirement age, one that can eventually replace your existing income, and can support a retirement lifestyle without the stress of a conventional business.

A business that isn’t age specific, with ongoing support from a community of like minded individuals and mentors. An online business where you can earn, while you learn. There is such a business, subscribe to my email list and receive a seven day video series, for more information, gain some insight to the possibility of retiring early. 

This of course is not realistic to many, the answer is always a simple one, but the implementation is the challenge. I’ve said it before you have to have a business, your own income streams. There is an endless variety of opportunity available today, some of them good. 

Learn more about this opportunity by joining my email list…

 

Will Money Make Me Happy?

More money will solve my problems and I will be happy… we instinctively know that is not true. However, most of us say it, and believe it will make a big difference in our lives right now.

Happiness is not something you postpone for the future, it is something you design for the present… ~ Jim Rohn ~

If a whole heap of cash showed up, how would it change your life?

Would you…

  • Pay off your debts, credit cards and mortgage
  • Buy a new car
  • Go on that vacation you have been dreaming about
  • Pack your bag and get out of Dodge!
  • Help your parents
  • Give it to a charity

Suddenly you don’t have anymore money problems, no debts, you have a beautiful home and car, and all the trimmings with money in the bank. How long do you think you could stay in this position? You may say… I will never ever, ever get myself into that situation again, I am secure and happy for the first time in my life, and it feels wonderful.

Will money change you?

It is true that many of our day to day financial problems may seem to be solved, or eliminated, it would certainly take a lot of pressure off. Perhaps we may feel more secure and free. At this point we should ask ourselves a few questions:

  • Are you still the same person?
  • Have we grown as a person?
  • Maybe become more generous
  • More loving & playful
  • Are we truly happy?

Suddenly coming into money unfortunately doesn’t wave a miraculous wand over us, and make us instantly happy. We may feel relieved that now for the first time we are financially free… the pressure is off. None the less, we are still the same person with the same insecurities, feelings and habits.

Maybe you are a special case…

You may be one of the ones that can hold onto this new found lifestyle. However statistic show that most of us revert back to our original income status, along with the person we really are within a few years. There have been many of studies done with lottery winners and this has been the case.

Maybe solving our money problems isn’t the long term answer to happiness or freedom.

Happiness is a state of mind they say…

It has been stated that happiness is a state of mind and we must choose happiness, if we are to be truly happy long term. What does that mean? In its simplest form it means we need to practice being happy, we should make a habit of it, and become aware of what’s going on in our minds throughout the day. Reading books and meeting people who have achieved not only financial freedom but more importantly happiness.

If you are still of the opinion that money is the answer to happiness and the key in your case, you need to do something about it. The chances of a truck load of money appearing or winning Lotto are unlikely. Why not start a business with a proven track record, and meet people who have achieved both money and happiness, and have learnt that happiness is more important. You can connect with such a community by clicking the banner below.

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This is a community of people from all walks of life, that can assist with a proven business model.. that can point you in the direction of improving your financial position, and yourself worth. This will ultimately bring happiness to you and those around you.