One of your long term goals should be a retirement plan. The fact is that most of us don't plan for that. Or should I say "Plan Enough Money" for that.
If you want to life fairly well in your retirement years, you probably need about 5 million dollars (US) if you want to do it correctly.
WHAT??!!! ARE YOU KIDDING ME?
No I'm not. You may live for a very long time. You may have financial challenges that arise from health and wellness issues. There is a whole myriad of stuff that can come up. Plus, you want to still enjoy your life in your retirement.
Retirement does not mean "I'm old and now I'll stay home and watch tv." Retirement means: To leave one's job and ceasing to work."
My Definition is: Ceasing to work for someone else and get on with living!"
I have friends that have retired in their 30's and 40's. Do you think they stay home? No Way! They wake up in the morning when they want to. Most of them don't keep track of the days of the week. They are off on adventures all around the globe. They are visiting family and friends. They have ideas and inventions they want to see come to life. It's an amazing thing.
Self Made Millionaires
These friends are all self made. They didn't get an inheritance. Nor were they geniuses or all college graduates.
They do all have one thing in common: REAL BIG GOALS.
They have the goals and the will to follow through with them. Many of them started out working for someone, but then decided to work for themselves in their own business. Working with mentors and a team, they did what needed to be done on a consistent daily basis.
They didn't listen to anyone who said NO.
You see they had mentors. Mentors who said "YES". Mentors who had done the work. Mentors who walk the path and have become great successes. Mentors who give the proper guidance for success.
And do you know what Mentors want most of all? They want their pupils to succeed. Be the next generation of success stories. For them to become mentors themselves and take on that role.
Did you know that the best Mentors around the globe have mentors also? Absolutely.
I recently befriended some new mentors of my own. They are very successful people. I enjoy working with them, talking to them and learning from them. Are they retired? Absolutely - that is, from traditional employment. They work for themselves Mentoring others. They have an incredible financial portfolio that allows them their freedom.
There's no retirement from living.
Live the adventure,
As always,
David Pyke - Your Goal Keeper!
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