AARP Finance Many other people nearing retirement age are struggling to payback loans on their houses often where the value of their loan now exceeds the value of their house. People have always been advised to put as much money as possible towards retirement, but few have bothered, rather than save for the future they have spent it now and it is one of the reasons that having money in retirement will be difficult. It is essential that people think about retirement at an early age, when a small amount of regular savings can grow in to a large sum thanks to compound interest. People are living longer and as a result more money is need to cover retirement costs. Most peoples income drops when they retire, but it need not be that way, with proper planning you can earn more when you retire. Although I have already retired, I am using a ten year retirement plan which will boost my income when I am seventy, but you need not wait until you are my age You can start a business now and retire in 10 years. I can show you a business model prepared by economist Dr Raymond Jewel which can be customised to meet with your own circumstances and required retirement income. A live opportunity will be presented every Thursday at 6PM EST in our conference room at http://tomorrowshomebusiness.butchhamilton.com select room log-in from top menu and enter first and last names and the password success. David Ogden |