21st Century Education for Life!
Who of you out there think that you are going to get by in retirement? Who of you are planning to retire on a decent enough income to be able to live the life you truly desire?
Well let me give you some interesting statistics……….
- 96% of the population will be dead or dead broke at age 65.
- 3% will retire financially independent.
- 1% will retire wealthy.
I am on the Gold Coast of Australia attending a 21st Century Academy wealth creation seminar. We have just had an incredible two days just for women. Women statistically make better investors than men as we do not get emotionally attached or let our ego’s in the way of our investing. So we are being taught simple strategies that we can take away and apply to get on with our journey to wealth creation.
Here are a few more statistics…………
- 47% of women in their 50’s are single.
- 50% of marriages end in divorce.
- In the 1st year after divorce, a woman’s standard of living drops an average of 73%.
- 7 outof 10 women will live in poverty at some time.
It’s amazing that we still believe in our education system. It was designed in the 19th century so is now out of date. What do we learn at school? Work hard, get good grades and then find a job and trade your time for money. The harder you study, the better the grades, the better your job.
Well I am on a mission to learn how to create wealth and become financially free. The first secret I learned is that it is 80% mindset and 20% work. So long as your head is in the right frame of mind, you will attract and create the wealth that you need and desire.
Just one more statistic for you…did you know that if all the wealth in the world right now was divided equally amongst every body, we would all be millionaires. So if you do not have your 3 million dollars you are being ripped off.
Who of you have heard of the “Baby Boomers?” These are people born after the second world war from around 1946 up until 1961 or there abouts. Generally speaking, this group of people are the ones who have started all the trends over the last 50-60 years.
Well in around six years time, a lot of those baby boomers will have reached retirement age. Once this happens, they will want to draw out their Superannuation Funds or 401K as it is called in America. This is money put away while you work to live off when you come out of the workforce.
Once this happens, it will have a profound effect on the way we live. For example, these funds are mostly invested in the stock market. As there will be a vast majority of retirees all at once, there will be a lot of funds drawn out of the stock market at one time. The repercussions of this will leave us with a devastating ripple effect.
The Dow Jones is a group of stocks on the US stock exchange that govern the way we live. If there is a decline in share prices, then unemployment will rise. Inflation will rise. Interest rates will go up. Do you get the drift? If we are not in a position to take care of ourselves no one else will.
This is why it is important to start taking action now so we can be prepared for when this happens. And when it does, it will not be short term. You need to have a substantial portfolio of investments to see you through for perhaps ten years as this is how long it will take to repair itself if we are lucky.
I needed to pass this information on as I want you to be prepared for it too. If you need a place to start then look up this link at Dynamic Wealth Education and you will have access to the same information as me. See for yourself how simple the strategies are and order the free DVD.
I will be here for the next four days in seminars so will impart to you some more of what I learn in that time.
To Your Success!