Attention - Are You Ready For Retirement And Will You Be Able To Retire?

By Robert Mergupis

 

What kind of future are you creating for yourself and your family? Will you be out on the street? Most Americans are two paychecks away from the streets. What happens if you get hurt, or get sick, where will you and your family be?

A person who is prepared will prosper no matter which direction the economy goes, whenever it goes. Will what you do now for money allow you to retire financially free? How many of you notice the widening gap between the "HAVES" and the "HAVE NOTS"? How many of you here want to do something about it in "YOUR" life?

An alarming statistical trend, a study by the Economic Policy Institute found that income inequality is rapidly increasing. In 1979, those in the top 1% of American families had incomes 33 times greater than those in the bottom 20%. By 2000 this income differential increased to 88 times. This proves that the middle class is being wipe out.

Facts, over 80% of Americans will retire, if they retire will be below poverty line. Having to live off less in their retirement years. Their income has been eaten up by taxes and inflation. So what does that mean to you? It means 74% of Americans at 65 are dependent on their family, friends or charity. It means 23% of Americans of retirement age are still working. It means only 3% of Americans at 65 are financially free.

Where are you on the corporate ladder? Business Week, in its annual survey of CEO income released in April 2004, found that the 25 CEO's with the largest compensation made an average of 33 million dollars each in 2003. You got to wander what it is today? That works out to more than 900 times the salary of a typical American worker. But I know you have your 401K! That is what the people working for Enron and WorldCom thought. They saw a secure, comfortable retirement slip away as hundreds of thousands of dollars disappeared, leaving them only a small fraction of their original investment. Many of these people either had to return to the work force or had to delay retirement.

What about Social Security? I don't know about you, it is not in my plans. Social Security is expected to be bankrupt by the year 2032 and Medicare is on the verge of bankruptcy. It is estimated that by the year 2020 there will be 275 million Americans, with 100 million of them expecting some kind of government support. These figures are conservative, depending what an out of control Congress is doing these days.

So now we know that the way we were taught is not the way the wealthy were. It seems to me that in order for you and your family to survive all this poverty is to start working and thinking outside of the box. In order to get the same results that the Top Dogs get you must try to mirror what they do.

The solution to avoid all the harmful poverty for yourself and your family is to find a reliable home based business. One that is backed by more than twenty years of experience, and with the customer service and a product that people desire. With this formula you will have resilient income coming in to help you reach your goals in life later to enjoy. You will be able to travel to exclusive five star resorts, world cruises and not even have to worry about the cost. You will also learn about perpetual leverage "compensation plans" If this is what you want to be able to have the freedom of the rat race, then I would click on the link. Wealth Creators Article Source: http://EzineArticles.com/?expert=Robert_Mergupis