Escaping
the "Baby Boomer Financial Trap"
Lance
T. Walker, letsdodeals.net
Does
this sound familiar?
You've
got a parent (or two) in assisted living, a nursing home,
or convalescent care. The insurance is either very limited or
completely gone. Their life savings, if any, are dwindling to
exhaustion. You don't even want to think about what's left of
your inheritance...
At
the same time, you wonder if your children will be inheriting
anything from you in the future. Right now it's all you can do
to deal with their college costs (if you're lucky). If not, you're
dealing with their rehab expenses, their bail money requirements
- or that sweet grandchild you never expected so soon...
Add
to this your own healthcare needs, trying to maintain -
or just find - a stable love relationship, and the burden of living
from paycheck to paycheck on a salary whose buying power has actually
declined over the last 20 years! Jobs keep disappearing, and now
we're in a "war on terror" that's sucking hundreds of
billions of dollars (so far) out of the economy...
Sound
scary? It should.
That
squeeze you're feeling is what we call the "Baby Boomer
Financial Trap", and it's in full effect. You're not alone,
either - there are over 76 billion of us feeling the same pressures.
Every 7.5 seconds, a baby boomer turns 50, with thoughts of retirement
looming ever larger in our minds.
And
with pensions now all but nonexistent, government services constantly
being cut back, and with Social Security more and more in doubt,
we all share the same gut feeling: we're going to have to make
some REAL money - and soon - or face the real prospect of a life
in poverty as we get older. This fear leads many to gamble
in the stock market, with decidedly mixed results.
The
good news is, there is a way out. The cage does have a
door. And the price for your freedom, the price to escape into
the sunshine of wealth and financial security, is the simple willingness
to change the way we think - a "paradigm shift", if
you will.
Most
of all, we must be willing to let go of the idea that one source
of income, the job, will sustain us in a prosperous lifestyle.
That reality is long gone, and most likely won't be back in our
lifetimes. We must adapt to the concept of "multiple
streams of income",
and we must become willing to generate income with our knowledge
as well as our effort.
The
solution to the Baby Boomer Financial Trap is found by
using a combination of tools and technology to open the
lock. Here, in brief, is the essence of the "escape plan":
1)
Stay with your job, at least temporarily, in order to meet your
daily needs and maintain a positive mental outlook.
2)
Build an Internet-powered business that generates the
income needed to supplement, and eventually replace, the job.
3)
Execute a creative real estate investing strategy that
builds your retirement nest egg, while requiring little or none
of your money out of pocket.
The
logic is simple: if you combine the best cash flow vehicle ever
invented (the
Internet) with the best wealth builder ever known (real estate),
you absolutely have
to succeed.
Sound
difficult? It's not. It will take some work, and a change in thinking,
but it's quite do-able. Turns out, some of your neighbors
and coworkers have been doing it for years. In fact, it's
being done every day by people whose names you probably
recognize.
Check
out any real estate "guru" you can think of (Carlton
Sheets, Ron Legrand, Russ Whitney, and Ted Ciuba come to mind),
and you'll find they're generating large incomes with an online
business that may or may not be real estate related.
Take
a close look at a successful pro athlete or financial "guru"
(like Warren Sapp, Carl Malone, Anthony Robbins, or Robert Kiyosaki,
for example), and guess what? Chances are, they're boosting their
incomes by selling stuff online and investing in real estate.
So
my question for you is this: now that you know the secret to escaping
the Baby Boomer Financial Trap, what are you going to do with
it?
Those
who would strip you of your wealth, and leave you debt-ridden
and destitute are busy night and day. So don't delay. Invest in
your real-world education, start building your home based business,
and take control of your life.
Start
with an online resource center, like letsdodeals.net . Use this
information to set up and run an Internet-powered retirement planning
system. Make more money, work from home, and attain the lifestyle
you've always dreamed of.
You
now have a choice. You can stand in line and take what they give
you, or you can seize control of your own destiny - starting now.
,
designed from the ground up as a resource center where you can
find answers to your questions, both general and specific. You
now have easy access to information, tools, and contacts. We urge
you to take advantage - quickly.
Explore
the marketing,
investing,
and financial
resources at your fingertips. Invest in your real-world
education.
Build your home based business, and take control of your life.
You
now have a choice. You can stand in line and take what they give
you, or you can seize control of your own destiny - starting now.
We
are the generation of change, the generation of progress.
Look
deep inside yourself. Will you be able to face your parents -
your kids - your peers at the next reunion - if you don't buckle
down and succeed?
Face
it: can you really afford NOT to be rich?
About
the Author:
A noted writer and e-business consultant, Lance T. Walker is also
a publisher, realtor, former Silicon Valley dot-com insider, and
proud U.S. Air Force veteran. He has been helping entrepreneurs
develop income-producing 'real estate' online and off since 1997.
His latest book, and a free 5-part wealthbuilding e-course, are
available at letsdodeals.net/rayofhope.html
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