Retirement Planning for the Average Person: MFI Series1, #1
By Joshua King
()
About this ebook
No matter where, how, or when we started on this Earth, we all have the opportunity to have a happy ending. We will just have to decide what our happy ending consists of.
Do we choose to work until we are 70 years old and barely survive off social security and medicare? Or do we have a 401K, Roth IRA, dividends, rental income, crypto, and royalties to assist with our retirement?
Do we decide to work during our kid's golden years, missing valuable time with our kids in their 20s and 30s? Do we choose to miss time with our grandkids as we try to pay bills and prepare for retirement?
Or do we figure everything out in our 40s and have the money, time, and experience to help our kids out? Do we want to visit for years on end? Or even have the option to move to their location?
When we choose a life of passive income, we have an unlimited list of options and opputunites—which will make us more than average in the end. It will make us extraordinary! Which will you choose?
Read more from Joshua King
MFI Series1
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Titles in the series (100)
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Retirement Planning for the Average Person - Joshua King
Table of Contents
MILITARY FAMILY INVESTING
Retirement Planning for the Average Person
01 Retirement Planning for the Average Person
02 Lawsuit, Inheritance, Lottery
03 Happy Cash Flow Retirement
04 The Truth about Discretionary Income
05 How the Rich Buy Their Bling
06 Cash Flow 102
07 Retirement Planning in Your 40s
08 The Velocity of Money
09 Our Children Need Education and Assets
10 The Magic of Passive Income
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Retirement Planning for the Average Person
Passive Income can Make for an Outstanding Retirement
––––––––
01 Retirement Planning for the Average Person
02 Lawsuit, Inheritance, Lottery
03 Happy Cash Flow Retirement
04 The Truth about Discretionary Income
05 How the Rich Buy Their Bling
06 Cash Flow 102
07 Retirement Planning in Your 40s
08 The Velocity of Money
09 Our Children Need Education and Assets
10 The Magic of Passive Income
––––––––
The Magic of a Roth IRA
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Everything plus way more: The Biggest Book on Passive Income Ever! (book)
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
01 Retirement Planning for the Average Person
Being average gets a bad reputation from most people because it means that someone is better than you. However, being an average person can lead to some remarkable results, especially when it comes to retirement.
You see, once an average person realizes that they are in an average position, they should receive a light bulb notification that something is not adding up. They will need to exercise their freedom of choice to decide that becoming above-average is what they want—and an above-average retirement.
The high-flyers of society don’t ever think that they will come crashing down to Earth. Even one of the richest men on the planet, Bill Gates, is seeking a divorce. We average folk can have it all because we never had any of it to start with. We don’t have a large inheritance to wait for or a brother with a large business to give us a job.
Nope, we only have the hard work we can do ourselves to sustain ourselves—but that becomes our greatest strength. We have to divert all of this hard work towards building ourselves a healthy cash flow retirement.
Notice that I didn’t say, building ourselves a great business? Let’s end something right now—everything outside of your family is an asset you can use to fund your retirement. We do not have the luxury of becoming attached to assets such as houses, businesses, stocks, or collectibles.
For example, I have been working my butt off creating a book universe that produces money. However, if someone came and offered me the right amount of money, I would sell it in a heartbeat. That is because I already know how to rebuild it.
This brings us to the dos and don’ts of retirement planning as an average person. We have to make decisions early in our lives that will