40-40-40 Plan : Reality and Truth

Where Are You With The 40 40 40 Plan ?

Most average middle class people are not even aware they’re already in 40-40-40 plan, by default sucked into right out of college.

WHY?

DUH !!  Their parents did the same thing. How can they be taught anything different?

40 – You are required to work at least 40 hours in a week.

40 – You will keep working a job for 40 years before you can ever barely save enough to retire.

40 – You can only count on 40% of current income after retirement (if you ever retire) at age 65 or 70.

Does it make you feel any better reading the above 3 lines about the 40-40-40 Plan ?

And the Breaking news we saw last week:

The 80 year age limit is being seriously proposed as a solution to the social security and health care problem.

It’s not a 40-40-40 plan (work 40 hours a week/40 years/retire with 40% income) anymore. It will be a simplified 40/work-until-you-die plan.

NONE of the above excited me to work for another man, and I came across a wonderful system and association of Business Owners, who were ambitious, helpful, smart middle-class people, who followed the 2 to 5 year Business plan and took themselves to First Class!

An Interview with Executive Diamond Bob Joe from Thailand!

I read a horrifying story on MSNBC about how the credit crunch and economic downturn are adversely affecting the elderly in America – a huge increase in bankruptcies, 80-year old’s so burdened by debt that they are seeking to re-enter the workforce, people cutting back on food because their fixed income can’t keep up with rampant inflation, meals-on-wheels organizations having to cut their services as their volunteer delivery drivers can’t afford to fuel their cars. People who relied on their government or private pension to see them through retirement are now facing misery and penury.

Where Are You With The 40 40 40 Plan ?

The best way for the average individual to get out of this messy 40-40-40 plan is through setting up their own business. Not a traditional business which can be little more than owning a job, but the one which provides both residual and leveraged income unlike the 40-40-40 plan…, but rather a 2 – 5 year plan!

For example, a Network Marketing business.

Where Are You With The 40 40 40 Plan ?

Soaring bankruptcy among the elderly: Proof of failure of the 40-40-40 Plan
The numbers are really stark. Out of 1 million Americans who filed for bankruptcy last year, nearly a quarter were 55 and up, AARP found. Bankruptcy filings among those ages 75 to 84 skyrocketed by 433 percent from 1991 to 2007.  Halfway into 2008, workers at agencies that serve the elderly say the problem is only getting worse.

“We are getting more and more calls from seniors looking for jobs, every day,” said Peggy Clarke, director of a job bank run by Positive Maturity, a senior agency in Birmingham, Al.

I get messages like this myself every week via my website from the people trapped in the 40-40-40 plan

Where Are You With The 40 40 40 Plan ?

“I have worked in a National Bank for 31 years as administration manager and retired as Deputy Manager Administration.
I am struggling to make ends meet and I think if you can help/guide me suitably. I am a sincere and hard working person.”

“I am interested in partnering with your organisation. Would like to know more about the setup, investment and operational costs for the same. I have been working as IT project manager for last 8 years and honestly I don’t see my income going up unless my boss gets fired or dies..

Thanks & Regards,”

“I am retired person My age is 59. I have ample experience in Pharmaceuticals,Pesticides & Plastics. All experience in Production and adminstration. If i am useful to you than you can contact. I have ample time to devote completely for work alloted.”

 

Where Are You With The 40 40 40 Plan ?

The best way for the average individual to get out of this messy 40-40-40 plan is through setting up their own business. Not a traditional business which can be little more than owning a job, but the one which provides both residual and leveraged income unlike the 40-40-40 plan…, but rather a 2 – 5 year plan!

For example, a Network Marketing business.

Where Are You With The 40 40 40 Plan ?

 


Best regards,

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