Retirement on Your Terms: How a Side Business Can Secure Your Golden Years
James Wendell Browne
"Elite Retirement Reinvented | Turning High Achievers into High-Impact Entrepreneurs | No Boredom. No Guesswork. No Regrets."
Here’s a simple question: -? Can You Afford To Retire?
And when I say retire, I mean on your own terms - not forced on you by your company downsizing or ‘reformatting’. For men over 50; it’s worth considering: what would happen if you lost your job today?
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Unlike previous generations who had a strong savings ethic, you probably couldn’t survive for 20-30 years on just your current savings. Add to that the unexpected expenses that life tends to throw your way, and retirement begins to look less like a well-earned rest and more like a financial tightrope.
The problem with living off your pension alone is that, at best, its only 60% of the money you’re struggling to live on right now. And if you’re renting your main home in an expensive part of the city, where possibly 75% of your income goes to rent! - You may well have to move out and find somewhere cheaper to rent when you retire.
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Retirement was once the golden promise of a life well-lived—years of leisure after decades of hard work. But as you approach 50 and beyond, the reality may not be as rosy as you once imagined.
Fortunately, there’s a way to take control of your financial future without giving up the security of your current job. Starting a part-time business is a powerful way to supplement your income, build a nest egg, and even explore passions that you’ve always wanted to pursue.
Imagine having an additional stream of income that grows over time, giving you both financial freedom and the confidence to retire on your terms. A part-time business that pays full-time income without the risk of leaving your current job. It's a way to leverage your years of experience, your network, and your skills to create something that is truly yours.
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So, as you consider your future, ask yourself: Can you afford to rely solely on your pension? Or is it time to take charge, start building now, and ensure that your retirement years are as secure and fulfilling as possible?
Don’t wait until it’s too late. Your financial future is in your hands.
p.s. none of the above should be considered as financial advice. Your circumstances will be unique to you and as such you will require a solution that is unique to you.
Until next time,
“come for the CLARITY? -? stay for the TRANSFORMATION”
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7 个月Smart move! A side hustle is like planting a money tree for retirement—grow it now, reap it later! ??