Money Source

Don’t you feel stupid when you find out that something you “knew to be true” for most of your life turns out to not to be true at all? It could be a piece of family gossip that you heard as a kid or just the “fact” that George Washington had wooden false teeth.

I have offered readers many solutions to financial problems and various sources for cash “infusion”. I have never suggested a “Reverse Mortgage” because I had this unfounded and false notion that there was something “bad” about reverse mortgages.

Of course, reverse mortgages are not for everyone. If you or your parents are concerned about financing your retirement life, you really should look into this option. The “Pros and Cons of Reverse Mortgage” is a good summary and well worth reading just to dispel any negative bias you (or I) might have.

Rick

I have no financial, personal or business connection with this site or its owners.

Social Security – Never Too Early To Prepare

What happened to those Social Security benefit estimates I used to get?

In a cost cutting effort, the Social Security Administration stopped mailing most of those paper copies of your estimated benefits in April, 2011.

No matter what your feelings are about the SSA, it is never too early to start planning for your future financial stability.  Your Social Security benefits may play an important part of that planning.  Don’t be the guy who waits until he sixty-something, needs some cash and signs up for benefits online only to find out about a very meager monthly check.  Maximizing your monthly benefits requires that you have the right information and then take the right actions at the right times.  Your statement of estimated benefits is one of several pieces of information that you need to make the proper decisions.

The statement is still available to you at:  http://ssa.gov/mystatement.  You will have to set up an account and answer a few questions for security reasons. WARNING TO NIGHT OWLS: You can only set up your account during “regular service hours”:   Mon-Fri  5am – 1am Eastern time  Sat 5am -11pm   Sun 8am – 11:30pm

If you want to be surprised, look at the difference between the benefits you will receive if you retire at 62 compared to waiting until you are seventy.  Unless you already have millions in the bank, it is important for you to get to know the workings of the SSA.

Good Luck

Rick

 

“Money, Happiness and Good Sex” Which doesn’t belong?

Is this a trick question?

Many wealthy people have lost a lot of their wealth in the last ten years (and I’m not talking about Tiger Woods).  Most poor people have stayed poor. Working Baby Boomers have taken a few steps toward the poorhouse and small business owners, the economic backbone of America have taken hit after hit with many not surviving.  Focusing this is depressing and frankly many will never get over it.  Unfortunately, they have let the loss of “money” destroy their happiness and ruin their sex life.

By this time in your life, you have probably noticed that your sex life is a lot better when you feel good about yourself.  Feeling strong and healthy and good about your body certainly helps.  What about feeling successful, confident and financially comfortable? You bet!!

Can a person be poor, happy and have a good sex life?  YES.

Can a person be rich, unhappy and have a miserable sex life? Of course.

With just those two statement, it would appear that money has nothing to do with being happy and having a good sex life.  Mae West said, “I’ve been rich and I’ve been poor.  Rich is better.”  Donald Trump went from “poor” to multi-millionaire to almost bankruptcy a few years ago.  I’ve heard that he so disliked the feeling of not having the multi-millionaire lifestyle that he didn’t take the time to be depressed or even recall all his losses to anyone who would listen.  He just went back to work, building up an even bigger financial empire.  I have the feeling that his sex life didn’t suffer a bit during this time.

Those who say, “Money can’t buy happiness”, don’t know where to shop.  This brings me to the point of this post.  Money itself doesn’t belong in the same group as Happiness and Good Sex.

The benefits derived from having money are what we all are seeking.

When you can buy good health care, good food, freedom to pursue your passion and help others in need, then your happiness and good sex life just come so much easier.  But you should not allow losing your “money” to take away the happiness and good sex that you already have.  Separate these in your mind and in your daily affirmations.  “I may not have the money I once did, but that does not affect my happiness and good sex life.  I will work to fill my coffers once again while I continue to enjoy my happy life.”  Focus on the good life and whatever you want in your future and the “Law of Attraction” has to make it happen.  Focus on loss & misery and you will only create more of the same.

Rick

Found Money and Cheapest Gasoline

When you have multiple streams of passive income, it is easy to be a little “loose” with your money.  You might pay full retail because it is more convenient at the time or buy things you know you will never use because it is for a good cause.  For some of us, the frugal traits of yesteryear never go away no matter how much money we have in the bank.    Here are two fun sites that are very “frugal friendly”…

Sites for finding the cheapest gasoline in your area have been around for a long time.  You can always find a few by entering “cheapest gasoline” in a Google search.  However, MSN has a new site that is very professional, up-to-date and show maps to the lowest priced retailers.  The MSN site is:  http://autos.msn.com/everyday/GasStationsBeta.aspx

You may have seen ads on tv for books about finding lost money.  They want you to pay them for telling you where to find government listings of money left in bank accounts or deposits never claimed or benefits checks never cashed.  Even a frugal person can forget a utility deposit or may not even know about a refund that was made but never claimed.  I think these things happen more frequently to people who have moved many times during their life.  I’m giving you one of these sites for free.  If you have an unusual name, it will pop right out, for more common names, you will have to scroll through and look at the addresses.  If you have lived in several states, try your name in each one. http://www.missingmoney.com

Good luck!

Solutions to YOUR Problems

My surveys say the number one Baby Boomer problem is “how to make and keep more money“.? No matter how I seem to phrase the question, the number two problem is also money related; “Where do I find affordable health care?“? Now that I have shown you how to create passive streams of income with an Internet marketing business (A Smart Person’s Guide to A Great Retirement) , are you ready to solve some more problems?? First of all, isn’t it great the number of problems that can actually be solved by having money?

Baby Boomers are now between 46 and 64 years old.? After the Wealth issues,? it didn’t surprise me that Health issues jumped up.? I will continue to post Natural and Alternative solutions to our most common health concerns.? I am not a doctor and cannot give medical advice.? I can only provide what may have worked for other people and suggest that you investigate further and bring up the topic with your physician.

Healthy eating habits and moderate exercise continues to fuel the desire for a Great Sex Life but I’m amazed at how little some people have learned since their teenage years.? It is certainly not too late to learn how to WOW your partner with multiple orgasms and unbelievable good feelings.? And if you don’t have a partner, learn to use online dating sites in a safe and effective manner.? These are not insurmountable problems!? Some solutions are easier than others but so far, If you are willing to do the work, I’ve got you covered.

So I’m now open to finding solutions for very specific problems.? What will it take to make the coming years the very best of your life?

  • Self Improvement – Finding happiness, success, fulfillment
  • Curious about sex toys, escorts, sensual massage, tantric sex but too shy to ask?
  • Need some general financial tips that your Financial Adviser may never tell you?? Like? why you don’t want to just sell your accumulated stock outright.
  • Have trouble swallowing?? You are not alone.
  • Will you someday be a huge burden to your children?? Why not plan to be a hero.
  • Need help with that damn computer, cell phone, DVD player or HD TV?
  • Do you really understand what will happen if you have LASIK or Lens Replacement eye surgery?
  • If you had to go into the hospital, do you have someone close to act as your advocate?
  • Do you have a reason to be excited about getting out of bed in the morning?
  • And the fun problems…A great hiking vacation, How to best help the grandkids, How to be a mentor, Where to find a recipe, Be a Secret Santa

If you are a member of? “addedyears.com“, you already have access to some of these solutions.? If you have a specific question, ask it here (in the Comments section below) and I’ll try to point you in the right direction.? Be active and curious and stay out of the “rut”.????

Making Money Online – The Simple Version

Everyone wants to know the “secret” to making money online. Please don’t waste your time and money searching for the best “Get Rich Quick” idea on the Internet. If it hasn’t hit you yet, you will soon realize that you have a limited amount of time left. It is your most valuable asset so be prudent and try not to waste it.

Making money online is not difficult but to have a constant stream of passive income (the best kind to have) you have to create a “real” business. You can sell all the junk in your house on EBay to make some money but when you run out of “junk”, your income is gone. That is a garage sale, not a business.

It may be cheaper, faster and easier to set up an online business than a “brick & mortar” offline business but all the basics are the same. I can save you hundreds, perhaps thousands of dollars right now by giving you the “secret” for creating a money making business on the Internet. Please don’t spend any more time or money looking for this.

#1 Find a “hungry market”. This is a group of people passionate about a common interest.

#2 Make sure these people already freely spend money on whatever they are passionate about.

#3 Find or create a product that satisfies the “hunger” of this group.

#4 Let the group know you have the product that they want. (Internet Marketing)

#5 Sell them the product and keep their name and address so that you can sell them something else next week.

That’s It! And yet 95% of new online businesses fail. Many, many books and courses have been written on every aspect of the five points above. It is very easy to lose focus, get buried in information and spend a lot of time and money without making a dime (been there-done that).

I assume you are here because you are over 45 and you want to make the next thirty to forty years, the very best of your life. For that to happen, you need money. But that is not all you need. You need a particular mindset and step by step guidance until you have a constant stream of income and the confidence to know that you can repeat your success over and over again. I can only recommend that you join our membership site and read my book, “A Smart Person’s Guide to a Great Retirement” and follow the included video workshop for setting up your basic niche business. Then, once the money is coming in, you can build and “tweak” the business with as many new “secret” strategies as you want.  For step-by-step, easy to understand instructions for building an online business, Jim Daniels has created several excellent products.Click Here!

I didn’t mean for this post to be a sales pitch but just offer a bit of advice.

  • Decide what you really want for the rest of your life
  • Stay FOCUSED on ONE program at a time and follow it through to completion.
  • Don’t get overloaded with information, there will always be more interesting new books, tips & freebies. You can find them when you need them.
  • You don’t have to reinvent the wheel. You need money now to set-up your fantastic second adult life so follow a proven method and save your precious time for what you really want to do.

Good Luck,

Rick
Get  help and practical advice as a member of www.addedyears.com (Please, tell all your ‘over 40’ friends about us.)

                                                                                                                                                                                                                             I should receive an affiliate commission for sites mentioned in this post.