I know there are many people in the more mature age bracket that are struggling to get by, living on social security or depending on their family and friends to get by. They worked hard all their lives and bought into the idea that the federal government would take care of them in their senior years. Many have seen their pensions and 401K's disappear.
There was a story on the NBC Nightly News recently about this. The story said that many people are working past age 65, not because they want to but because they have to. The NBC reporter interviewed a woman named Doreen who is spending her golden years in Colorado Springs, but retirement is not what she imagined it would be. Instead of relaxing and enjoying the beautiful Colorado outdoors, she is inside working in a clothing store 50 hours a week because she can't afford to retire. Her savings aren't enough. She is divorced and the years she took off work to raise her kids have reduced her Social Security checks. Doreen said that most of her friends plan on working until they are at least 70 because the money just isn't there for their retirement.
Many women have to work longer and retire later. Since 1980, the number of working women over age 65 has increased by 40 percent. Baby boomer women are not prepared for retirement. They haven't saved enough and they don't have the retirement income from pensions. When they do have pensions, it's usually half of what men receive.
A recent story in USA Today reported something we're all hearing a lot about these days. The story said that by the year 2010, the percentage of the population that's over age 65 will rise sharply. And more people over age 65 will continue to drive to and from work everyday because their Social Security benefits, Pensions and 401K plans are shrinking. As anyone who commutes to work knows, traffic is increasing and commutes are getting longer. This means those who are working when they wanted to be retired will have even less time to do what they want because their commute times are cutting into their "free time".
How I achieved financial freedom in my 70's: I feel that ViaViente has a lot to offer people who are team players and are motivated. When I started in Via I started at the bottom and no one gave me any favors. I found three people who became something like my vice-presidents and then I worked with them so they could get their three people in place. By the way, within ViaViente you cannot move to another level unless you help others reach new levels. I love this about ViaViente. With this type of Teamwork I reached the level of Platinum Sales Leader in 21 months and I felt great knowing that I was helping others at the same time. Also because of Teamwork I am making a six-figure income. Never in my wildest dreams did I think I could make a six figure income!
Have a wonderful day!
Imo Sharman
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