How To Beat The Retirement Anxiety
Many of us boomers who look forward to retirement become anxious and depressed when the time comes, and we cannot maintain our lifestyle because of our savings or lack of protection.
The anxiety kicks in, and instead of the happiness we thought we would feel in retirement, we start to dread the unknown.
Have we saved enough for retirement? Will we outlive our retirement savings? What would happen if a catastrophe crisis came our way? Would we be able to cope?
Part of the problem stems from dashed expectations. Maybe we were saving and thought by the time we retired; we would have saved enough to take us through retirement.
And now, we have reached retirement, and we see that our savings are not enough, and maybe we still have mortgage payments.
We feel frustrated and hopeless; many expenses must be met monthly. ( start your own business for free)
Sometimes we boomers find ourselves in too much debt brought upon us by different circumstances.
We must do so much: care for our aging parents, assist our kids through college, or get out of a financial problem.
Whatever the reason, we are in a financial dilemma and must get out of it.
Of course, some steps can be taken if you are in a pre-retirement situation.
We can look at the retirement goals we have set for ourselves; if it’s too high, this is a sure way to add to our anxiety.
Placing our goals too high will give us a feeling of discouragement and frustration, leading to depression when these goals are unmet.
You can save more by making a budget and cutting all unnecessary spending, like eating out or having that expensive cup of latte, or in my case, that pair of shoes you do not need.
It is best to find someone to whom you can talk about your financial situation; it could be a financial advisor or a friend who will help plan a way to save some extra cash.
I have found that spending time alone is never good; you will only think about your problem more, leading to more depression.
Find a group of your age and spend some time together, whether at the gym at the Y, taking walks and talking, or playing a game at the park.
When we make plans, things do not always go how we want; things happen that cause our goals to go awry, so it is always good to have a backup plan.
Maybe they will keep you after retirement if you are in a job.
For some of us who have already retired, finding a job may be difficult, but there are other things you can do.
You can rent a room in your home, which is very popular nowadays. I know a friend who is not only retired but also a widow, and that is what she does; she rents a room on Airbnb and makes a decent income that helps her stay afloat in her financial situation.
You can also do what I did to become a business owner, became an affiliate marketer.
What is affiliate marketing?
According to Wikipedia, online marketing is. Affiliate marketing is performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by ads placed in your blog.
What this means you will have a blog about anything you like, say it is about common heath problems in boomers, and you will write about these health problems ( you will research to enhance your knowledge)
Some merchants have products that can help boomers and their health problems; you can become an affiliate of theirs; these merchants will give you a link to your website, and when any customer clicks on that link, it will take them to the merchant’s website. If they make a purchase, you will get a commission.
Of course, to do all this, you will need a website, the company that I am a member of, Wealthy Affiliate, will build you a site for free. You can access this opportunity HERE.
Not only will they give you a website for free, and there are also 12 beautiful themes for you to choose from,+ phase 1 of the online training material there is,
Phase 1 consists of 5—lessons ( videotapes with step-by-step instructions ). Please have a look at one of our training videos.
And here is a blog by one of our members telling why being an affiliate marketer is a good idea. Please have a look.
Now there are three types of membership: free members, premium memberships, and premium + membership; there are a lot more information and tools available with the premium and premium + membership, which will make you more likely to succeed.
Here is a list of what is available in both memberships.
As you can see, so much more is available, and you get 50 websites enabling you to have multiple income streams.
And with the premium, there is also a live video class every Friday or Saturday, depending on what part of the world you are in (our membership spends the globe)
I have placed a video of one of our live videos here ( these videos remain accessible to our premium members)
Wealthy Affiliate is not a new company; the company has been around since 2005, and now has a membership of 1.4+ million and has earned a reputation as one of the leading teaching Platforms.
I was looking at another training platform a couple of days ago, and it said they were charging $77 extra for mentoring and $50 for hosting. These fees were monthly; at Wealthy Affiliate, these services are free even with the free membership.
Like everything else worth anything, success does not happen overnight; it takes hard work, perseverance, learning, studying, sacrifice, and a love for what you are doing.
Someone said entrepreneurship is living a few years like most people won’t, so you can spend the rest of your life living like most people can’t.
When you become a free member at Wealthy Affiliate, you will not be asked for financial information or to sign any commitment form.
Your free membership never expires. You will be asked for your name and email address; you will never be contacted if you do not remain a member.
As a premium member, you can stop at any time; you will not be committed to anything; you will be only dedicated to yourself to learn and apply what you have learned. And every effort will be made to assist you.
It is always said to surround yourself with like-minded people to encourage you and assist you along the way,
Well, at Wealthy Affiliate, there is always someone to answer your questions; we have a community, as I said, that is worldwide, so someone is always online, and members are only too eager to assist you in any way we can.
I also saw on the other platform if you had a technical problem, it would cost you an extra $19 per problem.
At Wealthy Affiliate, this service is free for every member, free or premium, and the tech support is easy to access; you can do so right from your dashboard.
This company is current in today’s online marketing strategies and has the vision to help people succeed in business and life.
And one dedicated to helping others become great and achieve true financial independence.
And do not think you are too old to start something new, something you have little or no knowledge about, or you are not a technical person (those were my thoughts).
I am a retiree in my 70s, but please remember this whatever the mind of man can conceive and believe, it can achieve.” – Napoleon Hill.
If you decide to try affiliate marketing, you can click on any of the links in this post, I will contact you, and I will be your mentor; I look forward to seeing you on the platform.
You have nothing to lose in trying for free, and if you desire to see firsthand what the premium membership offers, should you become a premium member in the first 7. days, it will cost you only $19 for the first month.
This way, you will have an entire month to look around and decide whether to be an affiliate marketer.
Unless you try, you will never know; at the end of phase 1, with the free membership, you will have your website up and running and content posted to add your affiliates.
I hope to see you on the platform and will be there to show you around and assist you in any way I can.
Thank you for reading; I hope you found it helpful please share this post, and if you need more information or would like to leave a comment, please leave it in the space below this post, and I will reply ASAP.
NOTE: This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).