1. Getting people to join is easier - as they perceive less effort to achieve success than other larger matrix programs.
2. Retention - people are less likely to drop out once they have recruited their 2 people, especially if the matrix has an automatic reentry once you have cycled.
3. Forced Filling - You enjoy spillover from your up line helping you fill your matrix. For example a forced 2x2 matrix works
4. Paying - with fewer people needed to achieve your targeted effort, it should be highly achievable meaning you get paid faster
What retirement planning will be necessary?If you took a big hit financial hit during the Great Recession, you're not alone. Many retirees looked on helplessly as the assets that they depended on to help them live out their lives comfortably dwindled; and some folks have even gone back to work to help them make ends meet. These types of experiences should serve as a warning to young people everywhere about the importance of starting smart wealth management while they are young. Here are some tips.
--Start developing sound financial knowledge: Even if you plan on relying on a wealth management professional to handle the majority of your financial planning, you need to have your own base of basic knowledge to help you make educated decisions. Read books on the subject; attend seminars; browse the internet: do everything and anything you can do to help you build financial wisdom and confidence.
Okay, you are one of the lucky ones, making a killing in real estate and the stock market, or you have scrimped and saved so some day you hope to have a big enough nest egg to retire. Congratulations! You've done it. Now what?
Financial planning has historically focused on helping people achieve major financial goals such as saving and investing in order to retire comfortably, sending kids to college or buying that private island in the south pacific.
But what about retirees, who, for the most part, have already achieved their goals and simply want to preserve their way of life? Life changes when you are living your goals rather than aspiring toward them. Suddenly, you have more to lose than to gain and you want to know how to keep what you have. Building and generating wealth is no longer the most important thing in this stage of life, but preservation of wealth is vital. With more Americans approaching this phase of life, the issue of how to manage money within retirement is increasingly becoming a priority.
Consider these statistics:
The largest growing population segment in our country is people 100 years or older.
Within the next decade, most of the boomers will reach traditional retirement age. About 25% of the U.S. population--one in four people--will be retired.
Many of us will spend more years in retirement than we did working.
Yet when you search on the internet for retirement help, you'll find page after page almost exclusively focused on making money and building wealth for retirement rather than managing wealth in retirement. No one seems to be educating retirees about managing their income and developing the right distribution strategies. Estate planning is well covered--probably because it's a "goal" to provide money to heirs.
Retireing in 2011The New Guidelines of Learn how to Retire in these Unsure Times
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