Home » Could you live off of $179 a month?

Could you live off of $179 a month?

I’m not kidding this is not a joke! A financial coaching client of mine just receive his quarterly retirement statement. The fund company gave him a projection of what he would receive if he was to retire today, and guess what the amount was $179 a month. Now the number did not shock me as much as it did my client, but I did explain to him, are you ready to consider a Plan B for retirement!

If you don’t believe me, take a look at the picture below.

Financial survival in retirement and in life is a reality we all have to face, there is no way around it. But it is important to understand how to have money working for you; not money or income that is affected by inflation, economic cycles or portfolio ups and downs. That’s why I always teach the importance of creating assets to produce passive and residual income, which allows you to control not something or someone else controlling it for you.

If you want to control your financial destiny, download this free e-book I created "Creating Assets for Lifetime Income", and learn how your own personal blog can be a passive and residual income producing machine.

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