The "R" Word - Everone is Doing it!
Does this make sense to you?
According to Forbes.
1. 80% of people are dissatisfied with their jobs
2. The average person spends 90,000 hours at work over their lifetime.
3. There isn't much job security. On average, Americans hold seven to eight different jobs before age 30.
4. Each year, the average person spends over 100 hours commuting
You spend most of your waking lives at a job you don't like and, where eventually, you will get laid off or fired since your employer is desperately looking for ways to replace you.
It’s no wonder more and more workers are looking for a way out.
But when you think about it, people think that retirement is 25 - 40 years away, however, it does not have to be that way. Here is some simple math to consider, if you make $5,000/month net, which pays for all your expenses – just create an asset, investment or a product that produces $5,000/month net and voila – you now have to choice to retire.
Millions of people have woken up to the reality that although our employers have our best interest at heart and they want to make us wealthy – right?
The reality is that you will never be paid for your real value, you will never be compensated for your brilliance.
Your employer wants to keep you working longer and harder for less. This may come as a surprise to you but your company is focused on making profits while trying to sell their products for more money all while lowering their costs and it’s no surprise, their biggest cost of doing business is you.
I know some of you reading this can relate and have already started to take step out on your own or have been forced to look at other alternatives.
Hey, I have nothing against capitalism or employers, small business is the engine which drives our economy but, I’m committed to empowering people with knowledge and confidence to step out and become the employer and yes, anyone can do it.
So, back to the “R” word, how do can you create that asset that pays you? How do you build or create that product that sells itself over and over again? Before you do that there are a few concepts you need to understand first.
There are 5 financial pillars which you must understand to confidently and courageously take the step out.
The reality is that it takes time to learn and you need knowledge and education which will empower you to make new choices and decisions and enable you with the tools to expand yourself and get out of your box.
What are the 5 financial pillars?
- Increase your financial literacy
- Start a great business
- Grow your wealth
- Pay less tax
- Eliminate your debt
These are the 5 inescapable laws of financial independence – without them, if you choose to step out, your success may be limited, frustrating and can be a disaster. It will take time to hone your skills in these areas but don’t rush it, remembers you have 40 to 50 years of work ahead of you so, take your time and do it right. But, keep in mind, your employer is looking for ways to show you the door – it’s not personal, it’s just business.
To help you retire rich and retire young I’m hosting an online event focusing on one of these very important areas called:
If you are ready to take the next step and improve your financial literacy, join us.
Dale Tidd. - President - Nesteggaccelerator.com
Obsessed about Accelerating Business Into the Future
8 年Agreed - retirement is about having choices.
Virtual Bookkeeper - Advanced QuickBooks Pro Advisor
8 年It would have been more powerful to show pictures of people 40 or 50+ These people would not normally be even thinking of retirement. Another aspect of retirement is that today "retirement" doesn't just mean ending your career. Today it could mean closing one door and opening another.
Driving Sustainable Business Growth for High-Achievers.
8 年great article, Dale! I think the biggest challenge of many people as they think of retirement is not doing the numbers and really defining what it will look like.