Episode Resources: Retirement Planning Success Course – Everything you want to know about planning your retirement.
Hi, this is Denver Nowicz, President of Wealth For Life.
We’re talking about the 10 Principles for Building Wealth For Life.
This is Principle #3: The Safe Foundation.
So if you remember how retirement used to be, people used to have social security and pensions as the foundation of their retirement income.
That’d mean you get down to retirement and your paychecks are still coming in.
You don’t have to worry about what the market is doing.
When 401k’s got invented, they shifted all the risk from the employers on to you, the investor.
Now you have to figure out how to navigate that minefield.
So I’m sure you know people that have pensions. They have more security and they feel pretty good about their retirement.
So what do you do?
Start investing and structuring your money so you have multiple different types of income streams.
You start building your own safe foundation, so that no matter what happens in the world, you still have money coming in.
If you wanna learn more about that strategy, check out the Wealth For Life Retirement Planning Success Course. I think you’ll love it.
We’ll go into all the details in the course, where you’ll have it clearly lined out.
A framework that you can follow so you know how to build your retirement plan.
You know how to build your safe foundation.
You’ll know how to stop worrying about this stuff and get on with your life.
Thanks for reading.