|
The Ultimate Income Security for Retirement |
|
Written by Gary A. Mitchell
|
|
Sunday, 06 September 2009 11:04 |
|
If you're reading this article then you are probably either retired or thinking about retirement. You've lived long enough to know that income security for retirement is a challenging goal.
by GaryA.Mitchell
If you're reading this article then you are probably either retired or thinking about retirement. You've lived long enough to know that income security for retirement is a challenging goal.
In February 2009 the stock market was down about 45% off its' October 2007 high. That equates to a $5 trillion loss absorbed primarily by those of us who are 50 or older. Housing prices are down 20% on average; unemployment for those over 50 has doubled in the last 16 months and essentially this means that many of us are delaying retirement.
What is security? If we ask 10 people we will get 10 different answers. Tony Robbins (famous motivational speaker) asked an interesting question in a video. He asked "Who would be happier four years from now, a lotto winner of 5 million dollars or a person challenged by paralysis and chronic back pain from a terrible accident"?
He claims the person who sustained paralysis and back pain from the accident would probably be the happier person according to statistics. This was rationalized by the fact that many lotto winners tend to spend their money until it's gone and they are likely to lose perspective. They often lack the discipline it takes to manage their lotto winnings and find themselves in a depressing set of circumstances.
Conversely the physically challenged person usually finds help from therapy and in time progress brings a degree of happiness.
If there is a moral to the story, it is this; Tony Robbins says that with the right perspective we find what we are looking for. It is not the end of the journey that brings us joy, it is the experience of making progress that brings happiness because human nature needs a challenge.
Ultimate income security for retirement comes in having a can do attitude. For the first time in your life you have both time and money together which gives you the opportunity to start a home business or make personal improvements resulting in a better lifestyle.
Small changes can bring large results. Moderate exercise, working on dietary changes, reducing bad habits, working on personal improvements or deleting unnecessary expenses from your budget are small steps that if taken consistently can greatly improve the life experience.
Small improvements are easier to achieve and you're more likely to attempt doing them over big changes all at once. Ask yourself which would be better to have, better health or more money.
Think about it and be true to yourself. If you don't feel well, money isn't going to bring much joy. If you are planning for retirement or if these are your Golden Years, make a list of practical things you can do to improve your financial, physical and mental health.
There's never enough money it seems, but with a positive attitude you can influence the variables in life by improving your outlook. You want to get the most leverage out of the income you do have and a good outlook with a positive attitude can influence the quality of your lifestyle during this special time of life.
If you would like to learn about a simple, proven, step-by-step system that was developed to address these issues and guarantee your success online visit http://www.RetirementSolutionsNow.com
|