Creating Wealth, Making Money, Investing Wisely, Pensions

When we think about retirement, most people think about an age, about the age of 65 or the age of 70, about a time when we don’t have to work anymore, or not necessarily don’t have to but become unable to.  People think of retirement as stagnation, about retirement homes, about care homes, about moving into the latter stages of their lives.  It’s a fact that a lot of people, when they reach retirement age and lose what has become a main reason for living and self esteem (their job), don’t live much longer.

In this section, we will talk about retirement.  We’re not going to talk about the kind of retirement above though.  The retirement that we are going to talk about is having enough money that we don’t have to work.  It is not about an age, retirement could be 40, 50, or 55 years of age. It’s not about getting rich at a certain age milestone. It is a milestone in relation to money, where we know that for the rest of our lives we’re not going to need to earn any more money. We can have a lifestyle that we want without having to go through the daily grind of a JOB.

Retirement in this context doesn’t necessarily mean stopping work though.  It means not having to work.  It means being able to do the things that we want to do, spend the time with the people we want to spend it, where we don’t HAVE to go out and actively pursue income.  It may be that during retirement, we do some things that are there to generate income.  It could be that business activities to a certain extent continue.  The difference is that work is for when we choose, not when others choose. We do the business activities we love to do when it is convenient.

Saving for retirement is a hot issue at the moment.  With governments having spent so much money on the various sectors, health, education, and military, there is a deficit in the amount of money available for pensions.  The situation should be that people that are working out are paying for their pensions in the future, but in fact, the people that are earning money now are paying for people who are drawing their pensions now.  This means that as the population ages and there are more retired people there is not going to be enough money from the people that are working to pay for the pensions.  The government is therefore encouraging the investment in pensions and other investment vehicles.

This section will look at pensions.  It will look at lifestyle in retirement.  It will look at retirement properties and retirement villages.  It will look at houses and life abroad.  It will look at the countless things that people do to be able to retire early.  It will look at how to wind down into retirement, but also how to keep going and keep maintaining income for existing businesses and existing revenue streams into retirement.