Times Are Changing

With the economy going down fast and many so-called experts predicting we are going to be in depression for a decade or more, things are not looking good. The down turn has hit most people but it has wiped out the hopes of those recently retired or just about to retire. Private pension funds have been decimated. Hundreds of thousands of hard working honest people have seen their hopes of a comfortable retirement destroyed by greedy bankers and corrupt politicians. The institutions we were brought up to respect have been working against us and have destroyed the lives of many.

The traditional concept of retirement is slowly disappearing, as many people will have to continue to work if they are not to see their living standards drop to an unacceptable level. The problem is trying to get employment when you reach middle-aged is not easy. Despite government legislation about age discrimination, we all know age discrimination is a fact that middle-aged people have to deal with if they are in the job market.

It’s not all bleak though. There are opportunities for middle-aged people today that did not exist ten years ago. The internet has created the opportunity for us to create a completely new life for ourselves. We don’t have to accept a life of poverty in retirement, we can utilize the internet to start our own business and invest in ourselves. I’ve invested in endowments over the years and seen them plummet, with all the promises of great dividends nothing more than a con. I’ve paid into a pension fund all my life and seen it reduced because of government tax grabs and falling investment returns.

Now I’ve said enough is enough. Eighteen months ago, I decided to invest in myself and start a business on the internet. My objective was simple; to build a fund for my retirement. Not by investing in shares and allowing someone who has no interest in my welfare to look after my money, nor by increasing my pension payments. No, I’m going to build my retirement income by investing in myself. This basic philosophy is the driving force behind my online business.

Along my journey, I’ve learned a lot. I started with a little knowledge and a lot of determination. My blog was born out of my desire to pass on and share the knowledge I have acquired and to encourage others to follow my plan to secure their retirement. I welcome guest posts on my blog.