Have You Thought About Retirement? By: Rita Oliver

Have you thought about Retirement? 
 
No. Maybe, Kinda.
 
You have no clue.
 
If so, you are not alone.  
First thing first. Yes, it is definitely all about the money before, during, and after you retire.  Are you saving any money today in your employer offered plan or you own 401(k) as a entrepreneur?
 
The money you save and invest today for retirement has to last for your lifetime.   So the piggy bank will not do.
 
I heard something in the 1990's that still resonates with me today, and it is true. From birth to age 18, we need our parents, age 25-40 we need our good looks, age 40-50 we need a great career, and after age 50, you need cold Cash!!
 
Plain and simple, as we say in the South.  If, can, and when one can retire comes down to two factors, and you did read it right here:  (1) Money and (2) Debt. 
 
You need more money and zero debt.  Do you know your true income?  Do you know your expenses?  Do you know what it costs you to live every month?  Can you still live the same when you retire if your income is less and less frequent? 
  
Retirement planning begins as soon, and as early, and as often as possible.   Gainfully employed, business owner or entrepreneur, you must begin contributing immediately to an investment vehicle: 401(k), or Individual Retirement Account (IRA) (Traditional or Roth).
 
For 2019, each individual can contribute $19,000 to their 401(k) and up to $7,000 in and IRA
 
For business owners, you have options, Profit Sharing, KEOGH, IRA, etc. And you can contribute in 2019 up to $59,000 or 25% of your net earnings to a retirement investment vehicle. 
 
Sounds like a lot of money every month? It is, but if its for you to be secure and comfortable for the rest of your life… Isn’t it worth it?
 
Are you asking how? Here's how:

• Mindset
• Behavior
• Commitment
• Discipline
• Action

  
Want Results?.… Execute these Three Actions:
 
(1) Automatic Withdrawals From Your Gross Pay. Start small with 3% or enough of a percentage to get the maximum matching from your employer. Business owners can do the same from weekly and monthly Revenue.
 
(2) Get Out and Stay Out of Debt.  All of it.  Mortgage, Credit Cards, Auto Loans, Student Loans, Business Loans. When you are free of debt payments you have money to save and invest.
 
(3) When Your Pay or Business Revenue Increases, Do Not Live On It. Increase your contributions until you are contributing the Internal Revenue Service (IRS) maximum annual dollar limit for individuals and business owners.
 
The first step is to take the first step and do something different than what you are doing today to secure your life.  Whether you are in your 30s, 40s or older, get started. 
 
Plan, execute, and never look back. You will be secured and in the driver's seat for the rest of your life.
 
Click and Download Free Retirement Planning Guide for Individuals and Business Owners.
 
https://www.subscribepage.com/retirementconsult
 

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