It has been big news over the past few years concerning pensions and the longer working time before retirement. The question for most people is when they will retire and what goals they need to reach to live a comfortable life in retirement. It’s important that you know what you want and have things set up for your retirement. So, do you have a plan to find out how to retire early?
Taking everything into consideration, your plan could include:
- Working extra time and more jobs so you can save more money and invest in a lucrative pension plan with one of the several plan providers.
- Keep on against massive odds and try to win the lottery
- Look into owning your own business and taking massive risks. Of course, you could be successful, but how long will you have to work and how much will you be able to put aside for your retirement.
- You could look into a business where you get residual income that can grow on a monthly basis and has LOW risk and low start up costs
Whatever your plan, you need to act as soon as you can from the youngest age you can because there is no guarantee that the government provision will be around when you retire. This is more important for those who are approaching middle age and have not yet made a right and proper provision for retirement.
So, which is the best way to answer the question how to retire early?
In my opinion and from my experience it should be the one that gives you a sustainable and true income that will enable you to have a comfortable retirement with no stress and no money worries that could ultimately affect your health.
Several years ago I was introduced to the concept of Network Marketing (commonly called MLM or multi level marketing). At first, because my wife at the time was sceptical and believed it was “too good to be true” and a few friends telling me to be careful because it’s a “pyramid scheme”, I didn’t get into the business at that time. Since then I have found out that good companies are government registered to carry out business and they must adhere to strict guidelines in order to trade legally, so they cannot be deemed a pyramid scheme because such schemes are illegal.
After carrying out this research I was approached by an ex school teacher who worked with a UK company who adopt the MLM structure and I joined him in that business.
What has this to do with how to retire early?
My new found friend and business colleague was successful at his part time operation in this business and living proof that, even in these difficult days for a lot of people, one can have a comfortable retirement after taking early retirement from his stressful teaching job.
Even though he had retired, his part time hours business provides him with an income each month that is more than his 2 other pension incomes combined and, what’s more, he will have this income for as long as he has the business. Basically for LIFE.
This business also benefits his family because he can pass the business on via an appropriate will to his children. So as long as his team grows and the people are active in that team he can now relax more and see the income coming in and his family will benefit when he is gone too.
This is the magic of residual income. It is income for LIFE and beyond for your family.
It does take a lot of work initially to get things moving and growing, but isn’t that the case with any business? The difference with Network Marketing is you can do this without too much outlay and have the benefit of being taught how to achieve great things from others in the team who have achieved things before you.
Every business requires a plan and action. Network Marketing is a system that requires the same, but the rewards of success are much greater and can give you so much more time and financial freedom along with it.
Each person has different experiences and take different periods of time to get the success they crave. The important thing to remember is that the only way to fail is to quit. Be consistent and work towards growth every day and things will happen.
Learn the lessons you need to do and implement what you learn and your plan will lead to success and the opportunity to retire early and have a great lifestyle of abundance and joy.
There are many plans available to get started and get to a full time income in your mew business venture quickly. You could do this in as little as 90 days with the right blueprint for success (One of the best courses to help you with this can be found by clicking here).
I hope this has helped you to find the answer to the question how to retire early.
To the future,