ENJOY YOUR RETIREMENT MORE BY SUPPLEMENTING YOUR INCOME
Tuesday, 07 July 2009 09:54
by Janet Houghton
in Home Business (submitted 2009-12-10)
Being a Baby Boomer myself, and nearing retirement age, my thoughts have been turning to how I am going to survive retirement while enjoying life to the full, and doing at least some of the things I've been promising myself during all the years of slogging away in various offices. I wrote this article to help those of you in a similar situation, and covers very simply the whys and wherefores, and what to do about them.
If I were to ask you when you want to retire and what you'd like to do when that time comes, I guess a great majority of people would answer "as soon as possible" to the question of when (I also realise that some men and women just can't see themselves ever retiring). What you need to ask yourself is WHY you want to. It seems obvious I know, we spend most of our adult lives working, and look forward to taking life a little easier; maybe you would like to spend more time on your hobbies, be it golf, gardening or home brewing, or perhaps you're looking forward to doing some travel - possibly seeing more of your home country, taking that cruise you've been promising yourself or catching up with friends who moved overseas. You may be looking forward to having time to do some courses and learn more about things you're interested in, such as photography or computing, or perhaps you'd just to get to know your partner all over again. We all have different plans, but whatever they may be our aim is the same - to enjoy the latter years of our lives.
However, the reality of retirement can be very different, especially with the economic downturn the world has just experienced. If you're lucky, you have plenty of savings or superannuation put away for the "retirement and beyond" time. If, like me, you started work years before the superannuation guarantee was paid by employers, there's not so much in the piggy bank. So although you may want to go travelling, or doing the renovations to your home, you just don't have enough money to do those things - at least not in the style you'd always promised yourself. And for those of you who think you will never retire for whatever reason, just take time out to think of what you haven't seen or done yet, and you may change your mind.
No dreams can be achieved without some sort of action though, and YOU are the only one who can implement that. So the first thing to do is make a list of places to go, things to see, people to catch up with - after all, if you don't know where you're going, how will you ever get there! Then you need to work out your budget. This is where you may start thinking you need to supplement your income in some way, but without going back to work, how are you going to do this?
Presumably since you're reading this your computer skills are reasonably good, so do some searches online about using the internet to run a home business. You could also check out another article I wrote "Creating an income online - the Basics" which as the title says, gives you the basic knowledge of how to start making money from home. Using your laptop computer to create an income also gives you freedom to travel, as you just take it with you. Choose the right business, and you can create many streams of income, which in itself gives you more time and money to enjoy the things you want to do in retirement. The company I found, and which I talk more about in the previously mentioned article, gives you full training and backup on just how to go about doing this. Do take the time to check it out for yourself at my website as there are many thousands of Get Rich Quick schemes on the internet. This particular company isn't one of them, rather it takes you methodically through the various steps needed, using training calls from such speakers as Michael Force, Aaron Parkinson and Jimmy Davis. You can then apply the skills you learn here to market either your own business, or go with the product they recommend.
Whatever you decide to do, I wish you a very happy and fulfilling retirement, and hope you have found this article both interesting and helpful in making some of your decisions. If you did enjoy, you can also follow me on Twitter and Facebook or find out more about me at my blog
About the Author
Jan is 64 years old, originally from the UK she emigrated with her husband and three children to Perth, Western Australia, in 1976, where she lived until moving to Townsville in North Queensland where she now lives on 5 acres with her partner, four dogs and a half-tame lorikeet (parrot).
Last Updated on Thursday, 10 December 2009 17:19
I Need a Higher Return on My Savings Accounts!
Tuesday, 07 July 2009 09:54
By Ryan Froelich
Article Word Count: 640 [View Summary] Comments (0)
So many people are not gaining a high interest on there money in the bank or stock markets at this time. I know people are having a hard time trusting the stock market which has folded and lost many people money. It doesn't help when crooks are running the show and people now can't trust who is handling there money. As a Real Estate Investor in the Macomb County Area I have seen a better safer way for people to make interest on their dollar. It's called private money.
Private Lenders are usually the foundation of the financial structure in Real Estate investing company's. Many investors have turned to this strategy to build there business for the purpose of the credit crisis that we are going through right now. It's getting harder and harder for investors to purchase multiple house and keep there business running.
We have seen this as an opportunity for everyone to have a safe secure investment. We ask the question "who needs a higher return on there money"? I think everybody say's that is the case. Well an opportunity that is now available and always has been is to get safe security with low purchased real estate. The private lending system works so well because many people don't want to put in the time to purchase and fix the properties. And you say "wait a minute I don't have the time to do all this in my life!" "I don't want to mess with the tenants." Lets face it on the other side I buy and sell much property and it takes a lot of time to develop the business to have success. It takes time and effort and you have to have the right contracts to be successful in the business. So it takes a lot of hard work and effort to make this business happen.
So if you don't have time to run another business or are satisfied with your employment and that is what you want to do for a living than let me make a suggestion to you today. Find a company that deals with real estate and that is having a nice success rate in this market. Don't let this market fool you investors are making a very good living in this markets. So find a company that is good fit for you and tell them you want to earn 10% on your savings. Ask them to show you there private lending plan so you can get a better idea. Face it the company that offers this is going to give a lot of security. The security is going to be a house that is bought at 50% bellow this market value which you get the lien, a promissory note that is notarized and will be held up in the court of law, also a hazard insurance policy so if the house goes to ruin you have security there. I believe a lot of people get scared when they makes an investment but if you have the cold hard facts and the right documents you will never be able to lose.
I have to admit that as the stock market has crooks. They have crooks in the real estate investments world as well. That's why I say make sure you have the security of the liens and paper work in tact. Not only that but you make sure the company has a visions and a purpose because if there is no purpose it's easy to go the other way. Ask them question. Request what the documents are going to look like and read them through. I believe if you find somebody that is really working a successful business it should provide you comfort because those are the people that are not going to fail and serve you well in your finances.
My name is Ryan Froelich and I am an investor in the Macomb County Real Estate market ad I encourage you today to take a step forward in your finances and secure it in the right place in these troubled times. We can assist you more at http://www.macombinvestments.net were you can find more information on taking control of your financial future. Earn 10% on your money and change your direction today!
Ryan Froelich
Strengthllc
(586)567-1770
http://www.macombinvestments.net
Article Source: http://EzineArticles.com/?expert=Ryan_Froelich
Last Updated on Thursday, 10 December 2009 17:10
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Make the Most of Your Savings Interest Rates - Stop the Bank Putting Your Money in Their Back Pocket
Tuesday, 07 July 2009 09:54
By Martin D Bryant
There is a common trend in the banks at the moment which has to do with savings accounts and savings interest rates. If you keep your savings with the same bank in the same account for a number of years, you would expect your bank to look after you. But they do not and actually take advantage of this.
The banks release a savings account. They advertise it, use it to attract new customers or convince existing customers to transfer their savings to them. The customers, being quite happy with the rates and the terms, forget about their savings interest rates knowing that they have the return that they expected.
Then after 6 months to a year the bank get bored of that savings account and decide on the next big marketing push and release another type of savings account. The terms maybe a little different. The savings interest rates is usually different. And the same thing happens again, attracting new customers etc.
But what happens to the old savings account?
Well at first the savings interest rates stay much the same. But gradually over the next year or so they reduce the rates so that in the end the rates offered are much the same as being offered on a current account. Near to 0% in most cases.
And unless you make steps to review your savings interest rates with the bank, they will let your interest decrease and will not tell you about it.
It has been my experience that working in the bank that if I see a customer has an old savings account, where the rate has dwindled away, that I make a point of telling them. At worst I will make sure that they are upgraded to the most recent form of savings account that I can to provide them with the most interest.
I can tell you though, that not all of my colleagues do the same, nor are they encouraged to do so by their superiors. Upon the release of a recent new Cash ISA savings account, we were actually instructed not to upgrade customers from the old Cash ISA accounts, to the new one unless the customer actually asked us.
The reason for this is clear. The bank takes advantage of their position of holding your money. They take your money which they make a profit on anyway. Then they pay you less and less interest over time so that they actually make more and more profit on.
How is that for your continued loyalty!
My advice is to review your savings interest rates with your bank every 12 months. Before you go into a conversation with them, make sure you know exactly what rates they would offer if you are a new customer. Then also find out what the nearest competitor is offering so that if they do not offer best possible option, you have another choice of where to make the most of your money.
For the last 5 years I have worked in a high street bank. During this time I have specialised in helping customers get the best savings interest rates.
That's why I have created this special page to advise on the things to look out for when you want to get the best interest rates on savings.
Article Source: http://EzineArticles.com/?expert=Martin_D_Bryant
Last Updated on Thursday, 10 December 2009 17:04
Welcome to Joomla!
Tuesday, 12 August 2008 10:00
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Joomla! is a free open source framework and content publishing system designed for quickly creating highly interactive multi-language Web sites, online communities, media portals, blogs and eCommerce applications.
 Joomla! provides an easy-to-use graphical user interface that simplifies the management and publishing of large volumes of content including HTML, documents, and rich media. Joomla! is used by organisations of all sizes for intranets and extranets and is supported by a community of tens of thousands of users.
Last Updated on Tuesday, 12 August 2008 10:00
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