In this video Rick Bloom joins JoAnne Purtan to look at the secrets to a successful retirement
Now whilst this video “The Secrets To A Successful Retirement” relates to the secrets to a successful retirement as it pertains to someone who lives and works in the USA the principles behind a successful retirement remain universal.
We may not like to acknowledge it (we certainly didn’t and we’re accountants so you would think we would know better wouldn’t you) but the sooner you start saving towards your retirement the better it will be.
We did make provisions by investing our hard earned savings into property and it was considered a pretty safe option at the time. Sadly no one could have predicted the financial melt down of 2008 and our retirement nest egg was pretty much wiped out and what was left became a millstone round our necks. You can read our story here if you are a new reader to our blog.
We cannot emphasise how important it is to begin saving early and we’ve encouraged our children to invest into their retirement to give them a better life when that time comes and we’ve long departed this earth.
The power of compounding which you will hear about may not sound sexy but let us assure you that it works
If you took a single penny and doubled it everyday, by day 30, you would have $5,368,709.12. However, it’s important to note that it’s all about the power of doubling
That’s quite a sobering thought isn’t it!
If like us you find yourself in the predicament of not having sufficient financial resources to be living the retirement lifestyle you imagined then try thinking outside the box as we did
These days there are so many ways you can leverage your skills and knowledge and earn an income
We discuss some of these in our book which you can get with our compliments here
Thanks for reading The Secrets To A Successful Retirement and do let us have your thoughts on the video or even if you have found the perfect retirement lifestyle 🙂
We can celebrate with you and maybe one day meet on an adventure some place in the world and exchange notes.
And if a successful retirement for you is about amazing experiences and vacations around the world we invite you to check out our travel and lifestyle club – an opportunity to MAKE MONEY & LIVE YOUR TRUE LIFE ADVENTURE!