Can Network Marketing Save Your Retirement?
That was the headline of an article written in July 2017 for Forbes by Robert Laura and a follow up to one of Forbes most downloaded articles back in 2014 “Would You Join A Multi-Level Marketing Company For Retirement Income” also written by the guest on today’s Living The Retirement Lifestyle podcast.
As we discussed during the interview, as far as the retirement savings crisis is concerned, more and more people are coming to terms with the fact that they probably aren’t going to be able to save enough money to see them through to a ripe old age and there’s a obvious need to find alternative ways to save more or generate a supplementary income either in or approaching retirement.
We’re not here to advocate network marketing as the only solution because there are many but it remains a good choice given other benefits aside “safety” on the Maslows Heirarchy of Needs such as self-actualization, love and belonging and esteem
During our interview we asked Robert to expand on his statement in his 2017 Forbes article about the trends he’s studied regards the network marketing business model which suggests that “network marketing can play a crucial role in how well baby boomers and others transition into retirement…that once you strip out the financial aspects you get a very different picture… retirement is not all about money.”
A successful transition from work-life to home-life is more than about money and there are plenty of people with substantial amounts of money saved for retirement that are completely miserable. with many wanting to learn new things and be a part of a community.
From the clients and people he speaks with Roberts has found that they are always reading, posting and sharing something inspirational… have goals and use the products they are selling to improve the way they look and feel. Add that to the fact that network marketing companies have local meetings and annual events members get out of the house, build knowledge, develop new skills and have the opportunity to meet new people.
From our experience in building an online business education business ourselves and travelling around the world speaking and training we see these two distinct groups of people – those who are there to learn how to generate income in their retirement and those who just want to socialise with like minded people.
Read Robert’s Articles
Robert is the author of many books on retirement including Naked Retirement, How To Find Your Passion In Retirement, The Truth About Part-Time Work & Volunteering In Retirement and his latest Crossroads Of Retirement
You can also download some free e-Book resources including How To Start A Business For Retirement from our website here
Thanks for joining us for today’s podcast on Living The Retirement Lifestyle with guest Robert Laura