According to a 2005 U.S. Census Bureau report, an estimated 78.2 million Baby Boomers will be heading into retirement within the next six years. A Congressional Budget Office report on the retirement prospects of Baby Boomers surmises that nearly half of that demographic giant is set to experience a decline in their standard of living.
Did you dream of RVing across the country after retirement, but now it looks like you won’t be able to afford it? You’re not the only one searching for supplemental retirement income for retirement due to inadequate savings and the depletion of Social Security.
So, what can you do to ensure a comfortable retirement? You might want to consider network marketing. MLM companies offer an array of flexible, easy options to earn extra income from home. All that is required are things you probably already possess: a phone, a computer and Internet connection.
Perhaps you’ve always wanted to buy a home in the country, but you didn’t want to have the long commute to the office all those years. Network marketing can be done far from the hustle and bustle of the city.
If you’re trying to figure out a way you can afford to travel after retirement, there are network marketing opportunities in the travel industry. With a company like Traverus Travel or Global Resorts, you can not only supplement your retirement income, but you can also build a stream of residual income that will help pay for those special things you always wanted to do. The best part is that as a consultant with a travel company, you will get travel to all kinds of exciting places at huge discounts.
Think for a moment back to those passions that got swept under the rug while you were building your former career. What were they? Perhaps it’s time to dust them off and begin using them to earn money without ever feeling like you’re working.
Perhaps you secretly consider yourself a health and nutrition guru. Share your expertise with the world through companies like GeneWize, Mannatech and Isagenix. If you love cosmetics, perfume and skin care, companies like Avon, Mary Kay and Nuskin might have a network marketing that is a perfect fit for you.
There is no shortage of diversity in the multilevel marketing industry. Whatever you can think of, there is bound to be a company that specializes in it. Discovery Toys could be a great opportunity for someone with a background in education, while jewelry aficionados could market Silpada Designs. Domestic types could earn extra income and have a blast with Pampered Chef, Tastefully Simple, or Southern Living at home.
Check out these businesses on the web. Most of them have a corporate website that can link you to a sponsor who would be glad to help you get started making money from home. They’ll help you customize your business to suit your income needs.
Afraid you won’t have time to do the fun things you wanted to do in retirement if you get involved with an mlm company? The well-known perk of mlm businesses is that you work them into your schedule, not the other way around. You can do network marketing between golf games and shopping trips.
You’ve worked a long time to get to the point where you could just relax, right? Well, most network marketing can be done from the couch, wearing your pajamas, if you like. You can choose whether you want to be a full or part-time network marketer, and then you can change your mind. You can build your home business quickly or at a relaxed pace.
Consider network marketing as a source of extra income for retirement. Within a few years, you could create a comfortable source of additional income.