The current situation

[Suze Ortoman]

What would you call a situation where 78 million people who are on the
verge of retirement have lost a significant amount of their retirement
savings, are facing rising unemployment rates, rising health care
costs, and are living longer than past generations?

Most people would call this a disaster.

It’s like the scene in the movie “Perfect Storm” where the
meteorologist studying the weather graphics says “this could be a
disaster of epic proportions. This could be the perfect storm.”
That’s exactly what 78 million Baby Boomers are faced with right now.
Their greatest fear is that they will outlive their money . Can you
imagine what life would be like in your late 60’s with no money?
These people are desperately seeking financial solutions to their
problem.

Some of the options available to them are:
• Work longer. Do you know what the problem with this option is?
• Get a part time job during retirement. Do you know what the problem
with this option is?
• Get a reverse mortgage where they sell their home to a mortgage
company at current value and receive monthly payments. Do you know
what the problem with this option is?
• Buy annuities which will allow the person to receive payments for
life. Do you know what the problem with this option is? The person
must pay a large lump sum payment in order to purchase an annuity.
Insurance companies take the cash the person paid for the annuity and
invests it in order to generate profits. And if the person dies
before the money is paid out, the investor loses.
• Lower their standard of living. Essentially reduce expenses in
their golden years. Do you know what the problem with this option is?
• Start a home-based business allowing them to make money from the
comfort of their homes while taking advantage business tax
deductions. Do you know what the problem with this option is? Most
home businesses fail due to lack of support, training, and mentoring
which leads to business failure within the first year. Many others
are scams and do not offer any type of guarantee.

We will discuss ways for over 78 million people to earn money from the
comfort of their home and fully retire on schedule or continue making
money while they are semi-retired.