Mikael Rieck is the author of more than hundred articles on topics of how to make money both online and offline. He has been online since 1999 and has always had a passion for money making opportunities and teaching others how to make a profit.The Problem with Normal Retirement Plans
As I talked about in my post yesterday it is a fact that most people are not planning to retire rich and what is even worse is that many people are not planning their retirement at all. You can live the life that you dreamt of even if you’re not rich when you retire because it will only require that you didn’t have big dreams. Personally I find it to be important to dream big but if you don’t I will not hold that against you. Instead I’ll just hope that you will come read my posts as often as possible and that you will get ideas from what I write that will inspire you to see what is possible and perhaps make you dream a little bigger.
If you are planning for retirement you probably have some kind of pension plan or savings plan that will hopefully increase in value over time. Having and following such a plan is a good idea for most people to start off with but the downside of such a plan is that you are not in control. All you do is give your money to someone else and then hope that they know what to do with them and that they will do their best to make them grow. I don’t know if this will come as a shock to you but if you have been reading the newspapers or have watched the news in TV, you will probably have seen that most of these people do either not know what they are doing, don’t care what they are doing and they definitely do not have YOUR interests above their own… and to be honest… why should they?
Isn’t it human nature to have your own interests above everyone else’s? Don’t you think of you and your family’s survival before you think of anyone else’s? I’m sure you do and there is nothing wrong with that. What is wrong is if you assume that other people are any different. You are the person in this world that cares the most about YOUR money. So wouldn’t it be better that YOU took care of it instead of handing it to someone who cares less than you?
I know that things are not that simple and that you are bound to some plans and procedures. But I also know that for some of them you are not. Have you checked what YOU can actually do with YOURS?
Next you might say that you have no clue about how to handle money. That might be so at this particular time but wouldn’t you think that you could learn it if you tried? You have learned so many new things in your life so you will definitely be able to learn this as well. If you don’t you’ll not even be able to comment on how the people that are currently handling your money are doing. If you have no clue then you’ll not notice it when they are handling them poorly. That doesn’t sound like a good plan does it?
So what should you do next? There are plenty of possibilities and opportunities to learn about money, stocks, investing, real estate and every other money related topic that you can think of. But in order to avoid getting overwhelmed I suggest that you start off easy. Go get a book at your local library or buy it on Amazon. Find books written by people that have actually done the things they talk about. Learning investing from your banker might not be the best idea because if your banker really knew how to invest and make a profit do you really think that they would still be working on a job? I personally don’t!
Search for books written by people like Donald Trump, Warren Buffet, Robert Kiyosaki (I higly recommend his books) and David Bach. In the coming months I’ll give you more recommendations on books to read and things to do so be sure to subscribe to my RSS feed.
To Your Success,
Mikael
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