FAIL-SAFE RETIREMENT STRATEGY THAT WORKS. REALLY WORKS!!!
RETIREMENT...
At day-rise each day billions of people go to work, however, everyone still looks forward to retiring from active duty someday. As it is a well-acknowledged fact that retirement is not redundancy, hence the need for a concise retirement plan cannot be over emphasized. Across the world very few people have vivid ideas about how they are going to spend their retirement. It is a fact that retirement planning is rare; hardly do most think about that period of their lives. According to the National Bureau of Statistics, just 14% of adults are very confident they will live comfortably after quitting from work and 60% have less than a N100, 000 in savings at the time of retirement. Worse still, a new study has revealed that one-third of parents’ today plan to raid their retirement accounts to offset their children’s fees. So, how do you secure your retirement? How do you insure a secured future?.
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THE STRATEGY THAT WORKS
Step 1: PAY YOUR SELF
This is an essential step to achieving financial success. As we earn money, we pay all sort of bills but we often fail to pay ourselves. A great retirement plan doesn’t come cheap; hence a disciplined saving culture is required. It is recommended that you save as low 5%-10% of your salary every month. Though it seems small, it will go a long way in designing a great retirement plan.
Step 2: MAKE YOUR MONEY WORK FOR YOU
You have paid yourself and you now have some savings, so what’s next? Our word of advice is to immediately put the money to work. Your money is like a seed; you can either eat it or plant it. If you spend it, then it’s gone but if you invest it, every amount invested gets multiplied back into your purse. So, rather than spend your money satisfying every of your wants/desires, draw up a plan to make your money work for you. With the plethora of investment opportunities, landed/property investment is the most secured investment plan ever. Why? Mostly others (mutual/hedge funds, stock, fixed deposit, bonds) are unpredictable or yield lower margins in terms of returns but land never diminishes in value and it attracts higher value, the longer the investment the better the returns.
Step 3: BUY A LAND EVERY YEAR
It sounds weird but try it out and you will be amazed at how much you would have accrued from sale of lands you bought many years back. Think about having a 20years plan to buy a plot of land every year. It means when you work for 20 years, you have also acquired 20 plots of land. When you retire and sell one of your properties, you will be provided with instant cash to build your dream home. And even if you don’t intend to live there, you can rent it out making money from the rental dues.
Step 4: SMILE TO THE BANK
Oh yes, smiling all the way! After completing and applying all these steps mentioned above judiciously, you are now financially prepared for a stress-free retirement.
"Don't wait to buy real estate, buy real estate and wait"
- T. Harv Eker
Your Retirement Partner
EdgeField Limited.
Front desk: 018991749, 07085089627
www.edgefieldgroup.com
Step 1: PAY YOUR SELF
This is an essential step to achieving financial success. As we earn money, we pay all sort of bills but we often fail to pay ourselves. A great retirement plan doesn’t come cheap; hence a disciplined saving culture is required. It is recommended that you save as low 5%-10% of your salary every month. Though it seems small, it will go a long way in designing a great retirement plan.
Step 2: MAKE YOUR MONEY WORK FOR YOU
You have paid yourself and you now have some savings, so what’s next? Our word of advice is to immediately put the money to work. Your money is like a seed; you can either eat it or plant it. If you spend it, then it’s gone but if you invest it, every amount invested gets multiplied back into your purse. So, rather than spend your money satisfying every of your wants/desires, draw up a plan to make your money work for you. With the plethora of investment opportunities, landed/property investment is the most secured investment plan ever. Why? Mostly others (mutual/hedge funds, stock, fixed deposit, bonds) are unpredictable or yield lower margins in terms of returns but land never diminishes in value and it attracts higher value, the longer the investment the better the returns.
Step 3: BUY A LAND EVERY YEAR
It sounds weird but try it out and you will be amazed at how much you would have accrued from sale of lands you bought many years back. Think about having a 20years plan to buy a plot of land every year. It means when you work for 20 years, you have also acquired 20 plots of land. When you retire and sell one of your properties, you will be provided with instant cash to build your dream home. And even if you don’t intend to live there, you can rent it out making money from the rental dues.
Step 4: SMILE TO THE BANK
Oh yes, smiling all the way! After completing and applying all these steps mentioned above judiciously, you are now financially prepared for a stress-free retirement.
"Don't wait to buy real estate, buy real estate and wait"
- T. Harv Eker
Your Retirement Partner
EdgeField Limited.
Front desk: 018991749, 07085089627
www.edgefieldgroup.com
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