Retirement: What is Your Money Number?

You were born - You grew up - Went to college - Got married - Raised a family - Retired - Lived happily ever after.

Maybe Not

Do you know exactly how much (your money number) you will need to retire on and live at the same standard of living as you have now?

Do you have a retirement plan?

If so, will it produce the money you need to retire on for the rest of your life? If you're counting on Social Security I would think again.

Retirement Reality Check

Retirement is always something we think of as being in the future. Well for the many Baby Boomers the future is fast approaching. The Baby Boomer generation may not be prepared for retirement.

Baby Boomers have been the predominate economic force for the last 60 years. However, they are about to collide with "The Perfect Storm".

The first of the Baby Boomers will soon be retiring. The sheer numbers of them will be more than the government will be able to afford. Social Security is in danger of being broke in the near future.

As the Baby Boomers age their health care cost will put a strain on Medicare. The economy is in a fragile state, and as it looks like the War on Terror will be a long costly war, we can expect future economic stresses.

All of this can and probably will affect your retirement financially.

Your Retirement

If you have a retirement fund, you need to insure that you or your spouse, don't outlive it. You need it to be viable for the long term.

If you don't have a retirement fund, or it is inadequate - what do you do?

Think Outside The Box - Think Residual Income

It is easier to earn money on the EFFORTS of OTHER people that simply earning money on our own.

Both Donald Trump and Robert Kiyosaki say that if they had to do it all over again, they would build their fortunes in this industry.

Internet Network Marketing - Warren Buffet bought several network marketing companies last year. Does he know something we don't?

According to Forbes Magazine, 70 Million Americans plan to start their own businesses in the next 3 years.

You can no longer depend on the government (social security), the company you work for (pension), or your retirement fund (investments) to financially provide for your future. Only those who learn to create their own economy will survive the economic turbulence in the coming years.

The merging of network marketing and the Internet offers a golden opportunity for your financial independence.