Tuesday, January 29, 2008
I Can't retire on $600 a month.
Author: Frank Iamin
I Can't retire on $600 a month.
It's 5:30 am, time to get up and go to work. Take a shower, brush your teeth, kiss the wife and kids goodbye and head off to the one place where you can honestly say you don't want to be. It's a quick stop at 711 for the morning coffee where the retired couple is holding up the line while they argue whether they can't afford it or not and buy those lottery tickets. Why not,I muse. Then I begin to wonder, will that be me in thirty years? Will I be relying on the lottery to sustain my hopes and dreams of a better life. There's always Social Security right? Yea I guess I can make it work on $600 a month. I'll have to give up the house in the Caribbean and the 500sl but $600 should cover it. $600, I can't feed my family on that. Lets think, I have a good job. I am a midlevel manager I bring home $1,000 a week. Ok, if I figure all my expenses and subtract that from my net income that leaves me with uhhh about ummm nothing!! How can I retire if I don't have anything to retire with. I got it, I will be able to sell the house and with the profit I can get a small house in Florida and watch the manatees' try and avoid the propellers from the over extended 30 something's mortgaged up to their eyeballs.
Great, so I sell the house, pay off the first and second mortgage, not bad, I can make it work. I have $32,000 left over to buy that dream trailer in Florida. Wait, wasn't that supposed to be a house? That won't do it. Ok, how about an apartment? I got enough for the security, the first months rent, I'll ship the furniture down, pay off the last of the creditors, replace the brakes on the car. Damn, I forgot about taxes. Ok let's see after all the expenses I should walk away with a cool $900. If I add that to my $600 I'm sitting pretty. Hey I almost forgot that retirement plan I had at work. lets see 30 years invested. I probably shouldn't have been so aggressive because the stock market tanked, the real estate market tanked and I would have been better off putting it under my mattress. But there it is, another $400 a month. At this rate there's no way I can afford to retire. Think, think, what can I do.
Then I remembered. I saw Charlie the other day. He drove up in a new 5oosl. Trying not to look envious I asked how he was doing. Great, he said. I could see that by the fact he was wearing sweat pants and obviously not on his way to work. What are you up to , I asked. Just getting some morning coffee and then I'm gonna head home to do a little work before I go to the gym. Work? What do you do? I run an online business. Oh yea I've heard of those. Some guy writing ad copy of how he got rich working 16 minutes a day while sunbathing in Hawaii with Cindy Crawford feeding him grapes by the pool. No really, What do you do? I run an online business he said. Tell me about it I asked. Well there's this guy Stone Evans and he has this program called PIPS, Plug in Profit Site. All you have to do is sign up for a free newsletter to get educated about his program and read his ebook Dotcomology to help you understand the business. Once you feel confident that you understand the nature of the business you can sign up for the program to duplicate exactly what he does to make incredible money on automatic pilot month in and month out. He walks you through the process with a 30 day success guide that outlines, each day, what you need to do, step by step, to make extraordinary money like I did. There is a small amount of capitol needed to get started but with his suggestions you can utilize alot of free techniques he outlines in his program to create a profitable online business. This sounds great, how can I get started? Here's my business card. Go to www.Moolahman.com and sign up for the free newsletter. That's all you need to do to get started. Good luck and make sure you check it out. I did.
Wow!! An online business that actually works. Ok as soon as I get home I'm gonna check it out and start my own on line business. Maybe I can enjoy the next 30 years instead of worrying about how I'm gonna afford to retire.
"Next please". Huh? Oh yea, just the coffee thanks.
Author Resource Box
Frank Iamin also writes other insightful articles on home based internet business ideas.
To learn more about this topic Frank recommends you visit: http://www.moolahman.com
I Can't retire on $600 a month.
It's 5:30 am, time to get up and go to work. Take a shower, brush your teeth, kiss the wife and kids goodbye and head off to the one place where you can honestly say you don't want to be. It's a quick stop at 711 for the morning coffee where the retired couple is holding up the line while they argue whether they can't afford it or not and buy those lottery tickets. Why not,I muse. Then I begin to wonder, will that be me in thirty years? Will I be relying on the lottery to sustain my hopes and dreams of a better life. There's always Social Security right? Yea I guess I can make it work on $600 a month. I'll have to give up the house in the Caribbean and the 500sl but $600 should cover it. $600, I can't feed my family on that. Lets think, I have a good job. I am a midlevel manager I bring home $1,000 a week. Ok, if I figure all my expenses and subtract that from my net income that leaves me with uhhh about ummm nothing!! How can I retire if I don't have anything to retire with. I got it, I will be able to sell the house and with the profit I can get a small house in Florida and watch the manatees' try and avoid the propellers from the over extended 30 something's mortgaged up to their eyeballs.
Great, so I sell the house, pay off the first and second mortgage, not bad, I can make it work. I have $32,000 left over to buy that dream trailer in Florida. Wait, wasn't that supposed to be a house? That won't do it. Ok, how about an apartment? I got enough for the security, the first months rent, I'll ship the furniture down, pay off the last of the creditors, replace the brakes on the car. Damn, I forgot about taxes. Ok let's see after all the expenses I should walk away with a cool $900. If I add that to my $600 I'm sitting pretty. Hey I almost forgot that retirement plan I had at work. lets see 30 years invested. I probably shouldn't have been so aggressive because the stock market tanked, the real estate market tanked and I would have been better off putting it under my mattress. But there it is, another $400 a month. At this rate there's no way I can afford to retire. Think, think, what can I do.
Then I remembered. I saw Charlie the other day. He drove up in a new 5oosl. Trying not to look envious I asked how he was doing. Great, he said. I could see that by the fact he was wearing sweat pants and obviously not on his way to work. What are you up to , I asked. Just getting some morning coffee and then I'm gonna head home to do a little work before I go to the gym. Work? What do you do? I run an online business. Oh yea I've heard of those. Some guy writing ad copy of how he got rich working 16 minutes a day while sunbathing in Hawaii with Cindy Crawford feeding him grapes by the pool. No really, What do you do? I run an online business he said. Tell me about it I asked. Well there's this guy Stone Evans and he has this program called PIPS, Plug in Profit Site. All you have to do is sign up for a free newsletter to get educated about his program and read his ebook Dotcomology to help you understand the business. Once you feel confident that you understand the nature of the business you can sign up for the program to duplicate exactly what he does to make incredible money on automatic pilot month in and month out. He walks you through the process with a 30 day success guide that outlines, each day, what you need to do, step by step, to make extraordinary money like I did. There is a small amount of capitol needed to get started but with his suggestions you can utilize alot of free techniques he outlines in his program to create a profitable online business. This sounds great, how can I get started? Here's my business card. Go to www.Moolahman.com and sign up for the free newsletter. That's all you need to do to get started. Good luck and make sure you check it out. I did.
Wow!! An online business that actually works. Ok as soon as I get home I'm gonna check it out and start my own on line business. Maybe I can enjoy the next 30 years instead of worrying about how I'm gonna afford to retire.
"Next please". Huh? Oh yea, just the coffee thanks.
Author Resource Box
Frank Iamin also writes other insightful articles on home based internet business ideas.
To learn more about this topic Frank recommends you visit: http://www.moolahman.com
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