Is Building A Downline Really Going To Save Baby Boomers From Poverty?
For a lot of baby boomers the year 2011 will usher in a demographic shift.
Baby boomers will be turning 65 at a rate of more than 7,000- 10,000 a day for the next 19 years.
They took a running dive into adolescence and went on to redefine work and family, but getting old is making them nervous for some very good reasons.
43% of retiring Americans say they don't expect to be able to depend on Medicare forever, while only 20 percent think their Medicare is secure.
The rest have mixed feelings.
In the UK the pension situation is just as precarious.
Medicare is a middle-class bulwark against the ravages of illness in old age.
It covers 46 million elderly and disabled people at an annual cost of about $500 billion.
But the high price of American-style medicine, stressing intensive treatment and the latest, is already straining program finances.
Add the number of baby boomers, more than 70 million born between 1946 and 1964, and Medicare's fiscal foundation starts to shake.
Here's the math when the last of the baby boomers reaches age 65 in about two decades, Medicare will be covering more than 80 million people.
At the same time, the ratio of workers paying taxes to support the program will have plunged from 3.
5 for each person receiving benefits currently, to 2.
3.
The old plans from the old economy will cause millions of people financial hardship over the next few years, possibly decades, you do not need a crystal ball to see this for yourself, just look at the price hikes of 2010 in raw materials and everyday items who buys most of those? You do.
And even if you're not into investing at this time or think that this topic has nothing to do with building your network marketing business, you couldn't be further from the truth.
Understanding cycles is really the strategy of all strategies if you will, and has a massive impact on everything you do and own, from your house to your business.
In the next few years Forbes Magazine have already predicted that over 79 million Americans alone will look to start a business from home, which means you have an opportunity right now to align yourself in an industry that is on the brink of it's next boom.
The new economy is already here it is the Internet, all you have to decide is when the acceptable becomes the unacceptable for you in order for you to seek the knowledge, support and the new opportunities that are already there, waiting for you to take your first action steps towards them.
As a baby boomer the last thing you have on your side is time, whether it is compound interest or building a downline and as you may or may not be aware attrition rates in downline are at their very highest.
If you are looking to change your circumstances as quickly as possible the high profit margin low overhead internet business model is probably one of your very best options.
Baby boomers will be turning 65 at a rate of more than 7,000- 10,000 a day for the next 19 years.
They took a running dive into adolescence and went on to redefine work and family, but getting old is making them nervous for some very good reasons.
43% of retiring Americans say they don't expect to be able to depend on Medicare forever, while only 20 percent think their Medicare is secure.
The rest have mixed feelings.
In the UK the pension situation is just as precarious.
Medicare is a middle-class bulwark against the ravages of illness in old age.
It covers 46 million elderly and disabled people at an annual cost of about $500 billion.
But the high price of American-style medicine, stressing intensive treatment and the latest, is already straining program finances.
Add the number of baby boomers, more than 70 million born between 1946 and 1964, and Medicare's fiscal foundation starts to shake.
Here's the math when the last of the baby boomers reaches age 65 in about two decades, Medicare will be covering more than 80 million people.
At the same time, the ratio of workers paying taxes to support the program will have plunged from 3.
5 for each person receiving benefits currently, to 2.
3.
The old plans from the old economy will cause millions of people financial hardship over the next few years, possibly decades, you do not need a crystal ball to see this for yourself, just look at the price hikes of 2010 in raw materials and everyday items who buys most of those? You do.
And even if you're not into investing at this time or think that this topic has nothing to do with building your network marketing business, you couldn't be further from the truth.
Understanding cycles is really the strategy of all strategies if you will, and has a massive impact on everything you do and own, from your house to your business.
In the next few years Forbes Magazine have already predicted that over 79 million Americans alone will look to start a business from home, which means you have an opportunity right now to align yourself in an industry that is on the brink of it's next boom.
The new economy is already here it is the Internet, all you have to decide is when the acceptable becomes the unacceptable for you in order for you to seek the knowledge, support and the new opportunities that are already there, waiting for you to take your first action steps towards them.
As a baby boomer the last thing you have on your side is time, whether it is compound interest or building a downline and as you may or may not be aware attrition rates in downline are at their very highest.
If you are looking to change your circumstances as quickly as possible the high profit margin low overhead internet business model is probably one of your very best options.