Tag Archives: prepare for retirement crisis

Why is it harder to retire today? Prioritize your retirement savings

No Retirement Savings
Why Is It Harder To Retire Today?

Retiring years Not So Golden

At one time in our life  retirement was a given, and eagerly anticipated final chapter after years of working hard.

While some people might choose to stay in the workforce a while longer , many look forward to leaving the daily grind of going to work.

But  in today’s  world, enjoying one’s dream of golden years work-free has become an unattainable dream for many

According to a Northwestern Mutual study, nearly 8 in 10 Americans are extremely or somewhat concerned about affording a comfortable retirement

Here are some of the cause that is  impacting our ability to retire comfortably in our retirement years.

Life expectancy is longer

People are living longer due to the rapid advancement in modern medicine our lifespan has been  extended by some 30 years and according to Danielle Roberts, a Medicare expert and co-founder of Boomer Benefits, this means we boomers   have to save for a longer lifespan in retirement,

Danielle Roberts says “Our retirement savings must factor in housing expenses, utilities, lifestyle and healthcare costs, which many Americans just aren’t prepared for financially by the time they reach 65,”

Education Costs More

Another big reason why  retirement is harder now than in prior generations is the spiraling cost of higher education

And many boomers  have prioritized paying for putting their kids through the college of their choice over their own retirements

And this also includes student loans, with the cost of education getting higher students are likely to apply for a student loan.

And parents are sharing in this cost by taking on this debt either in part or in full and in so   saving for retirement is put on the back burner.

Social Security

With the cost of living getting higher the money what we get from our social security is not sufficient and with the constant rumor that social security will soon end it is best to put too much emphasis on social security when thinking about retirement.

Part Time Income Earner

It is always a good idea to have an extra source of income whenever possible, as this extra income will allow you to pay down your debt and allow some savings.

But it must be remembered that these sources of earning usually do not have any retirement benefits, so we need to look out for ourselves, we have to take all the necessary steps to make sure our retirement is comfortable.

If you are a few years from retirement and you need to add some security to your retirement account I would recommend  looking into owning your own business.

Online Marketing

Online Marketing is one of the best ways to earn a good income without any of the hassle that goes along with owning a physical business.

Online marketing is cost effective, (you can become a member of one of the best training  platform for free here)

There is no keeping of inventory. No shipping, no return to handle, no customer service, there is none of the usual headaches of owning a brick and mortar business,

Just in case you are not sure what online marketing is here is the meaning from Wikipedia

Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s own marketing efforts.

But before you earn money, you will need to create your niche website and then work to get  traffic to your website.

Without a website, without content, and without traffic, the MONEY part simply doesn’t happen. And because of  this fact  I would like to tell you about Wealthy Affiliate.

Wealthy Affiliate

Wealthy Affiliate is (in my opinion) one of the best training platform, but this platform is not only for training but it is for every online marketer, whether you are new to affiliate marketing, have some knowledge about affiliate marketing or you are a super affiliate marketer (making over $7000.00 per month.)

At Wealthy Affiliate you will be taught how to transform your passion, hobbies, or ideas into a profitable business,

Here is a video How to make money on line this is lesson 2 of our 10 lessons or phase 1 of the best training course there is and this  is available to you when you become a free member.

Understanding how to make money
Understanding how to make money Lesson 2 phase 1

Being a free member you have access to two websites, 12 themes to choose from for your websites at the end of these 10 lessons you will have a beautiful looking, mobile, and revenue ready website. State of the art, ultra powerful and secure hosting will allow you to grow your business

There is also the premium membership, and I would encourage you to upgrade to the premium membership, the premium membership has so much more to offer, there are more opportunities to have many more streams of income

Yes being a premium does cost but when compared to the great tools and information given to assist you in reaching your goals the cost is well worth it.


You can read all about Wealthy Affiliate here, I hope you will see the great value in investing in Wealthy Affiliate to own your own online business.

I am in no way saying that you will be able to make a lot of money overnight, no affiliate marketing like any business takes time.

You are going to need time to earn the trust of your audience, just like any other business.

And as in any venture you will need to put in  hard work, perseverance, learning, studying, sacrifice and most of all be patient, your business will be successful  but it takes time.


There is no cost in becoming a member of Wealthy Affiliate, you can become a member build your website, following the video training it only takes 30 seconds, and see if it is something you could do,

If it is you can continue, remember there is no expiration date in being a free member, I have seen members remaining free members for a long time, I do not know just how successful they were staying a free member.

Wealthy Affiliate has been around for almost 15 years, and the members here are from 193 countries, and number about 1.4 million, I invite you to try affiliate marketing, you will never know if you would like it if you do not at least try.

Joining the free membership you will not be asked for any financial information you will only be  asked for your name.and email address, so there is no fear that you will be credited for anything.

Please do not let fear of the unknown keep you from experience the feeling of owning your own online business.

I understand the fear, I also had that fear, I was a senior in my 70s had no prior knowledge of online marketing and no computer skills.

But with the training videos which is done in a manner that you do the lessons at your own pace. And the videos are always available for you to revisit at any time.

There is also a community made up of like-minded people who are willing to assist you in any way we can, in this way you will never be alone there is always someone around to assist you.

So why not give it a try, you have nothing to lose, and a lot to gain. And you can become a free member by clicking on any of the links in this post and I will be your personal coach.

Thank you for reading my post, I really appreciate it,  and if you have a question or a comment please leave it in the space provided in at the end of this post and I will reply ASAP, please  remember to share this post thank you.

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).

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How To Overcome Financial Stress (Prepare For Retirement)

Prepare for retirement.
How to overcome financial stress.

How to overcome financial stress.

Retirement should be an exciting time in your life, but the fact is it can also be a financially draining time in our lives, especially when it comes to the cost of healthcare.

It is a known fact the older we get the greater the possibility that we will become sick with some health issues that can be horrific both in health and cost

It would be a good idea, therefore, to start saving towards these unknown expenses earlier on in life, but unfortunately this is not done for different reasons, either we are living from paycheck to paycheck and cannot afford to save anything or there are other things going on in the family that takes first priority and so saving never gets done.

Continue reading How To Overcome Financial Stress (Prepare For Retirement)

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The Baby Boomers Retirement Crisis—Financial Freedom

Start your own business
The baby boomers retirement crisis

Retirement Crisis

Are you in retirement crisis? Are you ready to retire but find yourself woefully short in savings and income to live a comfortable lifestyle for the rest of your life?

Not only do boomers in today’s world  have to think about their own retirement plans,

But in most cases, they also have to care for their elderly parents which can have added emotional cost and financial cost adding to their crisis situation.

This is why  boomers not only  need to make plans for their parents, but  they

will also need to figure out who will be taking care of them as they get older.

This might involve figuring out plans with their children, or saving enough money for medical bills or even a nurse or having a plan B.

Older boomers are now in their early 70s today, and for a lot, current health issues are a big problem, dealing with them and the medical expenses are also adding to their problems.

Some older boomers are staying in the workforce as long as possible working around the problem of not having enough savings by staying employed into their mid to late 70s at least in part-time positions.

But working longer is not a realistic option for everyone especially if it is a physically demanding job, and learning a new skill could be a difficult challenge.

For those who find themselves in this situation and those who are looking for a plan B, I would like it to introduce to you a work from home solution. Affiliate Marketing.

I am one of those older boomers, in my early 70s I was forced to retire 4 years ago due to injury.

I looked for a way to increase my income, was scammed more times than I care to mention

then I finally found affiliate marketing through the Wealthy Affiliate platform.

What Is Affiliate Marketing 

Affiliate Marketing is the process of receiving a commission by promoting merchants like Amazon Walmart etc. products.

I have found that this is one of the best ways to earn money online. This marketing is based on your performance, which means you only get paid when your promotional efforts actually result in a sale.

Affiliate marketing gives the opportunity to effectively sell stock without having any cost or responsibility of manufacturing, buying or storing or handling returns. This is no HASSLE business.

This is perfect for anyone, who may be new to online marketing, or  have a small budget, or those people who don’t have their own products

People like retirees, stay at home parent, or anyone who needs to earn extra cash to supplement their income.

However, affiliate marketing is not only the way to earn money online but it is one of the best ways. By having a good affiliate program, you will be able to make a livable income which can become a passive income as some of your commission will be residual.

Wealthy Affiliate 

I am recommending Wealthy Affiliate to you this platform is the best for starting your online business and you can become a member for free.

I was a bit clueless when it came to not only online marketing but to all the technical functions that are needed to build and maintain a website.

But with the easy to understand instructions videos and the community of eager to help members I have 2 websites up and running.

Wealthy Affiliate is designed for every level of online marketers whether you are new and have no former knowledge, or have a little knowledge of online marketing or you are a super affiliate.

Wealthy Affiliate has been around for 14 years with a membership of over 1,400,000 from 193 countries,

At Wealthy Affiliate everything that is needed for you to be successful is available to you there is no need to purchase anything outside the platform.

You will be able to build a beautiful revenue ready WordPress website in 30 seconds complete with   State of the art, ultra powerful and secure hosting will allow you to grow your business.

To be a successful online marketer you will need to have an audience to visit your website where you will have links to your merchant website which will enable members of your audience to make purchases

At Wealthy Affiliate, you will learn all about the most current traffic techniques and how you can get the relevant customers to your website.

As I stated before you can become a free member and a free membership never expires, with a free membership you will be the basic information.can you build a successful business with a free membership? I think you could if you have experience

But for someone who is completely new to online marketing, I would suggest you upgrade to a premium membership.

I became a free member and after a couple of months I upgraded to premium, you could become a free member build your website, write and publish your first post, see if you like it and if it not what you want you can quit and you would have lost nothing.

By the way, your free membership would be still there so if you have a change of heart you can take up where you left off.

I will be your mentor if you sign up through a link from this post I will be there to answer your questions and along with a helpful and eager to help the community be there to assist you in any way we can.

I have posted the products offered with each membership package

As you can see there is a big difference in the information and tools available in the premium membership.

Premium Payment

The payment for the premium is broken down for your convenience as you see there are

several billing plans


In Conclusion

It doesn’t matter who you are It would be wise to take action now to supplement your income now and not wait until a crisis develops, I am so sorry I did not find Wealthy Affiliate until 2018.

I am not telling you that affiliate marketing is a walk over it is not It takes a lot of time and effort as someone said Success is no accident, it is hard work, perseverance, learning, studying, sacrifice and most of all a love for what you are doing.

You need to prepare yourself that you are working towards a long term goal and not just for quick, easy money.

The time aspect is the most difficult as an affiliate. Many people expect too much too fast and get disappointed.

Remember you can join for free there are other companies charging you to join and you would still have to go elsewhere to purchase web hosting.

I do hope I see you at Wealthy Affiliate where we will work together to build a successful business.

Thank you so much for reading this post I hope you found it helpful and


if you do have a question or a comment please leave it in the space provided below this post and please REMEMBER to share, thank you.

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).

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