Retiring Baby Boomers are facing a significant crisis for their retirement with 65% saying they won’t retire or they are delaying it. (Robert Laura).
I recently listened to a podcast recorded by Ray Higdon where he did an interview with Robert Laura on Baby Boomers and Network Marketing, and asking the question why Baby Boomers should consider it. (Read Ray’s Post Here)
Robert Laura also wrote a brilliant article Would You Join A Multi-Level Marketing Company For Retirement Income?
It was as a result of this article that Ray Higdon interviewed Robert and went on to produce his blog post.
Although I read the article some time ago, the issues discussed are very relevant still and being a Baby Boomer myself, wanting to reach others, I decided to write another article on the subject.
It is an unfortunate fact that many Baby Boomers are not financially ready to retire or if they have, they lack funds to enjoy their retirement. A great many people during the recession of 2007, lost money and pensions were affected so many Baby Boomers are looking for alternative ways of earning more income.
As Robert Laura says, we can focus far too much on the problems we have, rather than look for solutions. If we focused more on solutions then our outlook would be more positive. His advice was to plan earlier, save earlier and often and automate any savings so you don’t miss it as much.
The alternative to any suggestions of course are for you to work harder for longer.
One solution to the problems Baby Boomers face is to begin a business and Robert advised doing that as soon as you can. Mainly because when we begin any business we often find we can fail many attempts, so get those failures out of the way and find out what you are good at.
Network Marketing is one solution for many Baby Boomers, including myself. It has relatively low start up costs, less risk and if you find something you are good at or like then you have a good start. Remember, many people are negative about Network Marketing because they don’t understand it.
In my video today, I discuss why I think Retiring Baby Boomers should consider network marketing.
Due to the bad press and the scepticism of people who know nothing about network marketing, many baby boomers may have been put off from even taking a look at it. I hope my video today will help in some way to “clear the fog” a little, alongside Ray Higdons Blog Post and the Article written by Robert Laura in Forbes magazine.
If you did get some value from todays post Why Should Retiring Baby Boomers Consider Network Marketing? I would really appreciate you leaving me a comment below and sharing your thoughts.
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Many Thanks to Ray Higdon and Robert Laura for their articles that assisted me in producing this blog post
Rays Post can be found HERE
Robert Laura’s article can be found HERE