A Problem A Child Of The 50’s And 60’s Is Facing
Are you a child of the 50’s and 60’s? As baby boomers we fall into this category!
We also face many problems. Some of them are the same for all of us, and some are unique to our personal situation.
I recently read that by 2020, 8000 people will be turning 65 everyday. That is creating a burden on societies everywhere.
As a person who sees the glass half full I would call this a real opportunity to help people and make money at the same time.
You can help these children of the 50’s and 60’s solve one big problem! – Chances are they will outlive their savings, if they have any savings at all.
Living longer creates many problems, but none is bigger for the majority of boomers then the one of not having enough money. What is really happening is retirees are not retiring at an income level that is 80% of what they were earning when they were working.
You may say that is true, but living expenses go way down when you stop working.
Expenses Such As:
– You may have your house paid for and that is a big relief.
– Your car is paid for.
– You no longer have work related expenses such as fuel, food, clothing etc.
I would say this is true as well, but do not forget about the one big expense that is going to require more money in the future, health care costs.
Health insurance may cover a lot of expenses, but what if you live another 30 years after you retire? How much extra money will you need?
In England for instance, the retirement age keeps going up and up. More and more people are unable to retire at the age they thought they would.
My parents have savings, however if they didn’t have savings they would be in a sorry state. They are both in their mid 80’s now.
Also think about this. What if you have goals and dreams you have not achieved yet?
Top 5 Problems Facing Baby Boomers
According to the Huffington Post article, in October 2015, the following were seen as the top 5 problems for Baby Boomers:-
- Ability to pay bills
- Being able to afford retirement
- Who’s gonna look out for me
- Caring for their elderly parents
- Health issues
One Solution For A Child Of the 50’s and 60’s
Make more money?
I’m not talking about starting a new career, or getting a part-time job. The solution I’m talking about is starting your own home -based business using the Internet like I have.
Think about it!
What would an extra $5000/£3500 a month mean to you in your retirement years?
For most of us is this a significant amount of supplemental income, and it is also an amount that is a reality when you build your own successful online home based business.
This solves the biggest problem of not having enough money in your retirement years.
Plus, I can show you a way to not only help yourself do this, but how you can make more money helping other people that were a child of the 50’s and 60’s just like you and me.
I hope you got some value from todays post A Problem A Child Of The 50’s and 60’s Is Facing. If you did I would love to hear from you in the comments below.
The Reawakened Entrepreneur
Helping You To Retire Wealthy. Travel The World. Stay Young, with
Your Own Home Based Business
Email me. Lynda@lyndakennyonline.com
Phone or Text me. 00447515940004