Why Retirement will be a dreadful place for many people
Robb Hill, a financial adviser for 18 years has observed that far too many people trade challenge for ease especially in our “give it to me now” society. The “give it to me now” mentality grew out of “Industry.” Boston merchant Edward Filene continued “Being perfected to a point which made it absolutely necessary for the masses to spend their money freely and to unlearn their previous habits of thrift. Buy instead of save, consume instead of work, go into debt, live for today, not tomorrow.”
Amazing how much you learn from the past. Too many people are stuck in today and give no thought for tomorrow. This is a critical error. If you live paycheck to paycheck, you are a disaster waiting to happen. You must take control!!
It has been through years of trial and error that I have learned to learn those things that I did not know about myself. We all have a wonderful tool called our “mind” that when used properly will produce for us a life worth living; or through our own neglect will destroy us.
Dissatisfaction is a creative force. This is the mindset that has allowed me to rise above my circumstances and create the life that I want. I cannot tell you what your purpose is, nor can I tell you how long it will take to find it. I can tell you this; never negotiate the price of success. It is my belief that success is all encompassing; you cannot be successful in one area of life and not be successful in all areas of life.
Many times I have read about “balance”. To me balance is learning to do what needs to be done, when it needs to be done. This may seem ambiguous so I will attempt to clarify. I believe that when I am at work, my focus is on my work. When I am home, my focus is on my family. Wherever I am that is where my focus is. For me this view has made a big difference and has become my definition of balance.
There is a price that must be paid, you can choose to pay the price of success or by default; you will pay the price of failure. Choice my friend is the difference between success and failure. Understand that your life right now is the sum total of all of the choices you have made to this point. If you are not where you want to be, change your choices!
You, my friend have talents and abilities that will allow you to do more with your life than you may believe possible. Develop yourself through reading positive books, seek and associate with those that share your desire for achievement and never stop pursuing your dreams!
The next time you hear a
politician use the
Word ‘billion’ in a casual
manner, think about
Whether you want the
YOUR tax money.
A billion is a difficult
number to comprehend,
But one advertising agency
did a good job of
Putting that figure into some
One of it’s releases.
A billion seconds ago it was
A billion minutes ago Jesus
A billion hours ago our
Living in the Stone Age.
A billion days ago no-one
walked on the earth on two
A billion dollars ago was
8 hours and 20 minutes,
At the rate our government
Is spending it.
While this thought is still
fresh in our brain…
let’s take a look at New
It’s amazing what you can
learn with some simple
Mary Landrieu (D)
had the nerve to ask Congress for
250 BILLION DOLLARS
to rebuild New Orleans.
What does it mean?
Well … If you are one of the
484,674 residents of New
(every man, woman, and
you each get $516,528.
Or… If you have one of the
188,251 homes in
New Orleans, your home
Or… If you are a family of
Your family gets $2,066,012.
Washington, D. C
Are all your calculators
Now we’re talking “Trillions?”
In fiscal 2015, aggregate adjusted net pension liabilities stood at $1.25 trillion.Half of U.S. states did not put enough money into their retirement systems in 2015 to curb the growth of unfunded liabilities. That held true even when states met the contribution levels their actuaries told them were necessary, Moody’s found.The nation’s 100 largest public pensions were funded just below 70 percent as of June 30, according to a separate study on Thursday by consulting firm Milliman. That study found investment returns to be 1.31 percent and a funding deficit of $1.38 trillion.Yet well-known problem spots – Illinois, New Jersey, Connecticut and Kentucky – are atypical, according to the Center for Retirement Research at Boston College.Even when including debt and retiree healthcare costs, “the outlook at the state and local level is extremely heterogeneous,” the researchers wrote in a brief this week. “A small minority face dire circumstances, but many jurisdictions appear to have their costs under control.”
I wrote this to myself and decided to share it.
Stay the Course
You must have a direction, a goal worthy to pursue
In seeking direction, you will find what to do
On a daily basis, to be better everyday
It is not perfection to seek, but growth along the way
The journey is long, and you cannot cheat
It is sometimes bitter, other times it is sweet
As you forge ahead, though weary you may be
Stay focused on your goal, and not what you now see
You are making progress, though it is not clear
It is action my friend, that overcomes the fear
The fear of failure is what stifles most
With a victim mentality, through life they coast
Not making life better, things tend to get worse
Avoid the victim mentality, for this is a curse
Decide what you want, what it is you desire
Stay focused on this and you will not tire
Do what you can, and continue to move
The actions you’ve taken, one day will prove
That worthy you are, of the goal achieved
The deciding factor is that you believed
In yourself enough to keep on going
Seeds of wisdom in your mind, you must keep sowing
Moment by moment and little by little
Success and failure look the same in the middle
One day you’ll look back and say with a smile
Tough journey my friend, but well worth the while
Retirement Scams: Why many Americans will be destitute in their golden years, click on link below
You vs Retirement: Is retirement an ugly thought?
The price of progress is change. The best thing you can do is; get better at being YOU! Click on link below