Tested System To Get Back Monthly Income Decreased By Investment Loss

John and Mary, our 58 year old friends, are in panic over their retirement plans with the investment loss they have suffered. Instead of retiring with $50,000 a year annual income, they have barely $16,000 in annual income after the drop in interest rates and 401K loss from the stock market meltdown

Traditional wisdom would have them save or invest to build up a cash fund that will earn interest that would be their annual income. But that would take more time than they have left. They need steady monthly retirement income now.

They have been advised to look into starting a business to create monthly income.. They do not want to work full time. They do not want a business that only makes money when they are working. They want to retire not go back to work for another 10 years. They don’t have much money to use for a business due to their investment losses.

They need a business that will give them the financial freedom that their investment loss has taken away from them.

They want a business with repeat sales. As J. Paul Getty, one of the first billionaires said, a product that goes up the smokestack, down the stomach, or down the drain. It gets used up, so the buyer needs to buy more.

They want a business with a sales force that sells while John and Mary travel. As Mr. Getty said, they want 1% of the efforts of 100 people rather than 100% of their own efforts.

Not being professional salespeople, they want a business where buyers make a selection on their own without any convincing. Their example is buying toothpaste. The customer picks out the product doing their own research.

They dream of a business that they can operate from anywhere in the world with just a phone and a computer.

With many of their friends having the same problems with investment loss, they would like to be able to be successful themselves and be able to recommend to others that they take a look at a tried and tested business plan. Just like they would with a good movie or good restaurant, they would like to share a good thing but also get paid for making the recommendation.

They are looking for a ready to go plan. They can’t afford to reinvent the wheel. Joining an established business and group would be ideal, particularly if the group helps to make their business grow.

John and Mary must find a new plan of action. The traditional save up and then retire won’t work due to the investment loss they have suffered. The 401k loss and and IRA loss has placed many, many baby boomers in the same predicament. They need the cash flow but can’t wait for investments to recover, if they ever will. It is a different concept but one which has the same result, monthly cash flow.