Tuesday, February 17, 2009

Everyone Needs a Passive Income If They Are Looking At Retirement


A hail to various creativeness that made possible the way towards increased wealth to almost anyone even to the emergent figure of baby boomers by creating passive income so that they may have something to boast with their retreat portfolio. Let us face it, the social security system has failed to fulfil the security needs of the people and what was originally created as a safety net, has been fond to carry a lot of gaps.

People have finally come to realized that even if you dedicate your life working for a firm, the pension/retirement benefits that you will get are more likely not to give you the value that you need especially when the need arises and you put it to use.

**It is a fact that American firms are now miserly with their benefits and also curtailing their contributions.

I know of one such firm who did not think twice before they cut short the careers of its workers who had labored for 20 to 30 years by paying out only 30 percent of their retirement benefits. This report is no longer a new one and it is already becoming a center of all the attention especially that the time for the baby boomers to retire is about to come. The thing about us believing into the thoughts and promises of living an entitled way of life is only a fallacy.

There is a friend of mine who worked for a single firm for 30 long years and at the end of those 30 years when he retired, he now receives a monthly retirement check of 30 bucks. The net result which this man got in life is that he has to work for a living even after retiring and as we are all aware, a lot of people are just doing this.

It is true that many individuals are still working somewhere to make up for their post-retirement income. Many such individuals turned to the web based for business opportunities only to find that the place is full of failure stories primarily because the Internet based business is mostly based on distributorship modules with no real clients buying any product. Marketers, marketing to other marketers who jump from firm to firm looking for the next get rich fix that never really works has been the name of that game up until now.

This is where Thomas Prendergast Chief Executive Officer of Inetekk and founder of Veretekk come in who has made a name for himself by holding the hand of the average guy like you and me, to start a home business Internet based. Prendergast was recently interviewed and spoke of the reward of the distributor model in a short period of time that even if it can really sustain you an income, it wont be for long until it breaks down therefore not giving you the long term success or profits that you always wanted.

Putting up an investment with such Internet based commercial enterprises is something that most people are already annoyed of doing since you will only end up wasting a fortune for some overused and old lists of leads which can't even give you a reasonable way to build a viable client base. Wouldn't you find it a more attractive option if you were to plug in your financial and individual resources like time and effort for clients who are used to your company and are familiar with your products or services?

Is it really possible that you can generate an abundant flow of passive income without having to experience recruitment of individuals, trading and rejection? Don't you think that is way too imaginable? If that sounds like a dream... Well all you "baby boomers" out there, wipe the sleep bugs out of your eyes... it isn't, It's just good business.

For more great information about retirement and things you can do to help with retirement please visit http://www.all-about-retirement.info/.

No comments: