Retirement Cures

Don’t Ever Retire. Yes, you heard me right. Don’t retire if you want to live a long happy life. Most people don’t realize that much of their day-to-day lives are surrounded by the people they deal with from work. This may not be the case for you, but a lot of social lives are. When people retire, they cut off this connection they would have had each day and soon discover that they get bored.

How Many Times Can You Go On Vacation?

Many people save for the glorious day when they can retire and not have to work again. They think that this is the best of the best. However, once they get done doing some of the things they wanted to do, they run out of usually money to do them or ideas. They end up getting bored (some times to death, literally).

Retire Early, Die Early

A recent study showed that in 2005, people who retired at age 55 died twice as fast as those who keep working. How do you over come this challenge? Easy, don’t stop working. Hey, wait a minute. How is that possible? I had two good friends that I work with who just retired early. Guess what they did? They had other jobs lined up to start the following Monday at consulting firms to offer their services back to companies like the one they worked for.

This may sound crazy, but I am happy to see them do this. I had two bosses who retired early and didn’t have any jobs. They just went home and both died in 6 months of a heart attack. Both were in their 50’s. Getting back to my two friends, in their capacity, they don’t necessarily have to work a full 40 hour week if they don’t want to do so. They take on the jobs that they want and get paid a nice fee each time they do. They are staying in the business, but getting extra benefits from having retired.

What’s Wrong With Retiring?

Where did we ever get the idea that we can sit back and do nothing and that our bodies are going to enjoy that program. We were designed to be useful all of our lives. When we are not, then we stop to exist. Even my dad, who is 85, still works. He retired at 70, but once he moved to the town he wanted to live, he went out and found jobs doing what he loved to do. He ended up working full time, living in the place he loves, doing what he loves. Just how long do you think he will live?

My mother did the same thing. She loved to teach and signed up as a substitute. She is used almost as much as a full time teacher. Again, she is useful in her trained skills and loves doing it. Best health care program out there.

Key To A Long, Happy Retirement

It is very simple…don’t retire. It’s okay to leave what you are doing with the company you work at right now, but make sure you have something lined up after the fact. Keep your mind active in your field of study or in the area you really love. That is what will make a big difference in how long your initial departure from your main line of work will last. The real secret is to find something you love, it will give you the drive to get up and meet the many new days ahead. Before you know it, you may be starting your second 100 years.

Until Next Time…

If you are like most people I know, you are watching the news, reading the news, listening to the news, and the news that is being broadcast is not that great. In fact it truly sucks. Yeah, it’s that bad. Now the real question you should be asking your self is “Am I going through these experiences or Am I growing through these experiences?”

This is a very important question because the challenge is that most people just go through life and they think that everything is happening to them. It’s hard to convince them of anything else, because they are just going through the tough times and just attempting to survive. You probably have heard someone close to you say how bad things are in their life or they seem to over react to some of the simplest of things. They seemed to have developed a paranoid complex.

How To Overcome Challenges

The first thing you have to do is know that things are NOT happening to you. Instead, you should understand that they are just happening. Fate hasn’t sought you out over any one else. You have to understand that their will be both feast and famine as you go through life. Some times the bad can arrive in the best of times for the rest of the world which can give you the idea that it has sought you out, but that is not the case.

The thing you should do is focus on what you can learn from the experience whether it is good or bad. How can you grow into a better person, better friend, better parent, better, spouse, better employee, better…you get the idea. Let me give you an example. There were times when it seemed no matter what I did on buying a house, I had stupid written all over my face. I would purchase a home only to be transferred in two years of less, many times having to take a loss on the home. It looked like I had no investment savvy when it came to real estate.

How Bad Could It Get?

Well it really got bad to the point that I had to empty out all of my life savings (6 years of consistent savings) just to get out of my house. The worse part about it was that shortly after closing on my home, the stocks I used to have in my savings almost doubled. Talk about a double whammy. Now I could have just gone through the experience and given up on buying a home or saving money for th future, but I used that and many other investing experiences to learn how to do it better the next time around.

How Can You Learn From Bad Experiences?

I used these types of experiences to become a better decision maker when it came to money. Yes, I still messed up and things didn’t always go the way you would like. I even got to the point of being flat broke with literally no money in the bank. However, through those life experiences, I saw the futility of debt, of having the best or newest thing, of thinking I had to have the fanciest house to be part of the “IN” crowd. I gained what you might call “common sense”.

In applying this commons sense, I was able to go from a point of desperation to one where I have no debt, I can save more in a month than most people would in a year. If something breaks, it’s no big deal; instead, it’s a minor inconvenience. I have cash to invest in a down market, so I can buy stocks really cheap. I don’t say this to brag, but just to illustrate that by using your experience to grow into a better, smarter person will give you great benefits than the person that just whines when things don’t do their way.

Life is too short to be worried about how to make the next payment. Learning to follow my debt reduction program has made a big difference in my family’s life and it can yours. It is free. Just go to our main page for Retirement Cures and request your copy. It’s my way of giving back so I can help others gain this freedom.

Until Next Time…

Wow! This week it seems that the Federal Government has shown that it can defy the laws of economics. They decided that the best way to deal with a recession was to borrow your way out of it. This is an interesting theory at best. The big question you have to ask your self is if a government can borrow its way out of a recession, then why would they let it happen in the first place?

Reality Check

Please do not follow the example set by our government. They don’t have to operate under the same rules as its citizens. It’s okay for them to borrow excessive money they don’t have and give it to people who are totally irresponsible in handling their money because they aren’t worried about how they are going to pay for it. If you or I invested in the same way, we would be called reckless and would end up in a worst financial situation than before.

What Happened To Being Responsible With Our Money?

This may sound like a rant and it is. Free enterprise is what made this country so great. In fact, it was out low tax base that caused many companies from other countries to want to do business here. There once was a day when people had to be responsible for their actions. If they started up a company and it didn’t succeed as they thought, the company went out of business. Those people took that opportunity to learn from their misfortune and in many cases would make another attempt to succeed. No one stepped in to bail out their bad business idea, bad business practices, etc. It was an ongoing process to learn and improve one self and their business abilities.

How Does This Apply To My Retirement Woes?

Quite simply you need to make sound investment decisions and set up consistent saving practices. In fact in today’s environment, there are a lot of great business investment opportunities both for starting your own as well as investing in ones that already exist. There are many stocks if you take the time to research that have a great dividend yield that would beat out any money market account as well as offer a great potential long term growth. These are sound companies that aren’t going to be bailed out, have good cash flow, and would probably be deemed unfavorable in today’s economy.

Many people focus too much on the news and think that the end is near or even worse that the government will be making their house payment and paying for the gas and groceries. Please! The real question you have to ask your self in this “perilous times” is what can you control. What can you do, today, right now to help your future be a little bit brighter. Well, here are a few suggestions.

Stop Watching The News

Most news broadcasts are based on negativity and many times mis-information. How many newscasters actually know how a good business functions? They cannot be an expert in all the topics that they report and many times they misunderstand what is being told to them. In the few times I have been interviewed by the news media, they have misquoted what I said and taken the words and used them to report on the story that wanted people to hear. So if you want to avoid being puked on every day, turn it off. You will brighten your day.

Take Time To Read or Listen To Good Books

Instead of filling your mind with all the crap the news media dumps on you, fill your mind with things that are uplifting and motivating for you to take action and start down the right path. I guarantee that the only way you will have a better situation in life is if you take control by learning new things and then applying them in your life. Since money may be tight, go to the local library and you may be amazed at the volumes of information that is free and available to you. There are whole sections on investing, starting a business, building strong relationships with others, etc. that can make your life more enjoyable. There are free audios and videos you can check out that you can use to fill your mind with good ideas that can make a difference in your life.

Take Time To Help Others Less Fortunate

Even though we may think everything is going down the tubes, another good way to change all of that is to invest in others. Join a local organization that helps under privileged children, spend time in an elderly care center reading or just brightening someone’s day. Help clean out someone’s yard that is not able to do so. While many times this may not cost you much financially, it is one of the best investments you could have that will help turn your life around as well as some one else’s. And who knows, if enough of us did this, it must might be the best stimulus package available in our country.

Go make a difference. You’ll be glad you did.

Until Next Time…