Do You Know Your Retirement Number?

You may be retired from your career but you shouldnt be retired from life. You worked the many long years trying to secure enough financial security in order to continue the same standard of living long after the income is gone. You listened to all the gurus and financial advisors and invested a few dollars here and a few there. Stock went up ... and down. Home values went up.... and down. You won some and lost some. But all in all you think you have enough to make it ... until.

So what was your retirement number? Hmmm. No one ever brought that to your attention? Its a really easy number to figure out but I bet it will surprise you once you know it. This is not a number that everyone knows how to figure out though. But, without knowing your number how do you know if you have enough?

The reason I'm asking about your number is because many people are being forced to take their payments from their IRA's and 401k's and even to start drawing from their Social Security. Many of you have not even come close to your retirement number. Many of you have and are just looking toward legacy building.

Whatever the case, what are you going to do with the money that you have to park somewhere other than where it is now? Have you thought about that? No? Thats understandable. But surely you dont want to put it in your savings. Have you looked at your savings accounts interest rates? Depreciation is more than that! And surely you dont want to put it back into another long term annuity or mutual fund that is completely out of your control.

There are many different possibilities to place your hard earned cash but is the return worth it? Have you not already lost confidence in the government and big banks and Wall Street? One things for certain, it is either working for you and making you more money or it is lying dormant and depreciating. I may be able to help.

So, lets start there, your number. How do you calculate that number? Its not rocket science. This is the most common sense number you should spend your time figuring out.

It all starts with WHEN do you want to retire. And I do mean retire. Not have to work some crap job or hustle some means of income along the way. Travel the world or maybe just the States in an RV. Retire, go to the beach and vacation and golf and enjoy life with no concern how bills are going to get paid. Retire, live the same lifestyle you lived when you were working, without any sacrifices. When......? 40, 50, 60 or....... when? We'll just say 55 years old just for the purposes of this article. You want to still be able to enjoy your retirement and not just exist, right?

Ok then, how LONG do you plan to live? Realistically? I know that people are living longer and women live longer than men and all that, but....... how long? Once again for the purposes of this article we will say to 75. Is that fair enough? Great. 20 years after retirement.

Now lets get down to the meat and potatoes. How much will it take for you to continue in the manner and lifestyle you are already living with no additional income coming in? Money, how much a week? $500? $600? Maybe a $1000 a week to live just like you are now? Lets go with a reasonable number, say. $650 a week. Does that sound reasonable? Excellent.

With a little simple math we can agree that you would need $33,800 a year and $676,000 ratted away to last the entire twenty years you were wanting to live after you retired. Your probably asking yourself how in the world are you supposed to save that much money. Maybe you dont want to live that long past retirement now. Whatever the case there are remedies to your financial security.

But, maybe you would like to retire earlier and live longer and enjoy it all. Why not?! You should. You should be living life on your terms. You might want to be thinking about your freedom from the daily grind and rat race a lot sooner and more often than you have been. As I said, there are startegies to help you accomplish that.

Now, Im not a financial advisor, stock trader, mutual fund manager or CPA so im not giving any financial advice but I know the path I'm taking to financial freedom. I know what my retirement number is and it's a lot more than the $676,000 we spoke about earlier. My standard of living will be much more focused towards thriving instead of surviving. You're more than welcome to latch onto my coat tails and I'll pull you on up the hill with me. But keep in mind, its very difficult to PUSH a rope.

My company is offering an opportunity with a very low entry point with very mitigated risk. You will not have "premiums" to pay because its a one time buy-in. We are offering 3 seperate levels depending on your risk tolerance to receive extraordinary returns on your capital. It is very realistic to say that you would more than double your initial loan amount. This is a private lending opportunity that you wont want to miss.

Let your money work for you. You worked for it long enough. Let it do the heavy lifting from here on out. Let me help.