Social Security Won't Be There When You Retire?

I’d say just about every Amway meeting we attended one of the phrases the speaker used was “Social security won’t be there when you retire”.

Well how did he know? I’m pretty sure it will be. But I suppose like any other guesses the speaker has a 50/50 shot of getting that prediction right. So do I!

Even though I think social security will be there when I retire I have other investments and savings and a combination of all are what I hope will sustain me for the rest of my life.

People need to make decisions during their working years and hopefully most start some sort of retirement savings plan in their 20’s and add other investments to it over the years. For example save up a down payment for house while in your 20’s. Buy that house in your 20’s or 30’s and by your 50’s or certainly by retirement age your house will be paid in full. Knock off that mortgage payment and that’s a big part of monthly expenses that goes away. Also get rid of any outstanding debt by retirement age and don’t incur any further debt and that will make retirement years less stressful.

Those are the big things. Reaching retirement age without debt and owning your own home are huge. I mean who wants to hit retirement age and still be a renter? That’s hundreds of dollars you pay each month to a landlord because of poor planning in younger years.

In a previous post I estimated an average monthly expense in running your Amway business to be around $700. The unknown factor is if this is disposable income or if you as an IBO’s are running up your credit card unnecessarily. That monthly $700 should be repeated earnings from your business and if possible redirected to a mortgage payment. This way you can honestly say your Amway business is keeping you on track financially.

Our upline's goal was to help people in by teaching them good money management and not to scare new prospects before they signed up. They are good people who extol the virtues of “don’t say negative” and they’re among some of the most positive people I’ve ever met. Full of optimism about the future but also aware that businesses are shutting down, we’re in a recession and people are losing jobs. Social security may not always be there to take care of things. But who needs to listen to the negative when someone trying to help you see the positive? That’s what goes on in our Amway meetings?

The speaker’s goal is to make you aware that social security may not always be there when you retire so they attempting to help you find some other form of income. Any other plans IBO’s have our upline will listen to them and discuss alternative options. According to the wisdom of our upline Amway is one of a number of choices and all you have to do is give it some serious consideration. You may very well find yourself spending 2 to 5 years working part time 10 to 15 hours a week doing the work in order to live off residual income for the rest of your life. But at least you are working towards a great goal and that goal is “Freedom!”

As I have pointed out there are always other options out there. Having an Amway business could be a lot better than throwing your money at chasing futile dreams.

Don’t think negative! Be like our upline. Think positive. If all else fails the social security will be still there when you retire. (I got a 50% chance of getting that prediction right! LOL!)

For me I’m sticking with Amway until I retire! Ha ha ha!

Kisses for now