Changes Pensions and Retirement
Pensions and retirement at most companies are fast disappearing and in many cases becoming a thing of the past. Many people who work for a company, large corporation or government agency, many with lots of years of service are losing their benefits. At some places of employment it is possible to get grandfathered into the plan when they started but that is not true in all cases.
The same pension quite often is not available for new people entering companies and corporations all over the world. While some that work at larger companies still have an opportunity to contribute to 401k that benefit is not available at all companies. Many of the next generation will only be able to live off Social Security if that is still around plus at their current job, and the money they set aside plus under many retirements plans health insurance will end upon separation from company.
Many state and government jobs will be paying fewer benefits after a person retires. This is becoming the norm everywhere!
In a down economy, wages that companies pay have been reduced in many cases up to 30% making it hard to maintain any real life style and have discretionary income. The majority of next generation will just not have as much as our parents did!
That does not mean our parents were rich, it just points out that the average family could own a home, car, take a vacation each year and help send their kids through college.
Buying power of the dollar was just better.
So what is your plan on your current path?
For the majority of us we will have to make more money to be able to save enough or figure out a way to keep money coming in once we retire.
This is truly the reason I started marketing online to boost my income and in many cases have income that is residual that comes in month after month.
There are so many things I want to do still on my bucket list. So what is your plan?
Stepping outside your comfort zone is not easy but, what are you truly doing to prepare for your future?
Have you given much thought to your Pension and Retirement?
How do you want to retire?
My site is about small business opportunities that make sense. Steps to ensure I live better, not to have to depend on Social Security and have money to do most of the things I want to do.
Nothing happens without effort.
Those that are willing to dream and put things in motion, a better life is…. waiting for you!
The journey of one thousand miles begins with that first step!
Decide to get started and change your life. All you need to do click on decide and I will show you how to start making money online.
PS. Just a FYI –Please rest assured you can enter and view the material on my web site safely. Your information will never be shared, PERIOD!
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