Reinspiration Replaces Retirement – 2013

“Age means nothing to me. I can’t get old; I’m working. I was old when I was twenty-one and out of work. As long as you’re working you stay young. Retirement at sixty-five is When I was sixty-five I still had grain.“George Burns 1896-1996

Have you ever seen the bumper sticker, “DELETED: I was tired yesterday and I’m tired again today?” I have, and found it deeply interesting since I’m in the “retirement zone.” Maybe the true story is that Retirement he is tired and nearing his useful end.

The conventional understanding of retirement is based on the premise that one’s earnings will cease when work ends and a new lifestyle will be created with the ingredients of Social Security, company pensions, and personal savings to cover the relief. Once the transition is made, the time and money will be at least sufficient to do many of the things that are not possible during the working years.

Like the mouse after the cheese at the end of a tunnel, most Americans work through the prime of their lives with one eye waiting for that magical moment when they can leave it all behind to golf, fish, and garden. Even though people may suffer from jobs they hate and spend hours away from their families enduring the stress of professional responsibilities, they persevere toward the rewards of their golden years. They hope not to lose their job through outsourcing or downsizing and eventually receive their company pension. That is if they are lucky enough to have one!

The only problem is that this tried and true retirement formula has collapsed before our very eyes and especially since the 2008 economic crisis.

Millions of Americans are now “maxed out.” They realize they must increase their use of credit simply to make ends meet and cover the rising cost of living for basic needs like health insurance, transportation, energy, food, and housing costs. Also, the idea of ​​saving more money has become a complete joke to most middle-class and ex-middle-class families in the New Normal of 21.^st century. According to the Department of Commerce, in October 2005, the general personal savings rate (not including pre-tax savings instruments like a 401k) was set at 0.07% and 8 years later, April 2013, it had increased up to a whopping 0.1%.

The result of all this? Passive earnings, whether from pensions, savings, Social Security, stocks and bonds or some combination thereof, are no longer as reliable as before to meet financial needs in later years. Social Security checks have become insufficient for most people to rely on, without other sources of income. While 40% of companies offered pension plans to their employees in 1980, in 2006 only 21% did and in 2013 much less.

Still, most people stick with the same 40-year employment model until retirement; one that seems more like a fantasy today and less like a ticket to the safety of later years.

You are probably wondering what choice we have. Actually, you have a choice. As part of the latest transformation in American society, the conventional concept of retirement is in the process of being reinvented. Rebreathing replaces retirement! REINSPIRE: I was inspired yesterday and I am inspired again today!

While certainly a transformation out of necessity due to economic realities, Reinspiration speaks to the overriding value of staying productive, and it starts the moment you choose (not just for seniors). Those who choose to be re-inspired enjoy the benefits of continuous private cash flow to underpin their financial plan. They apply creative thinking to your unique situation to make it happen.

Reinspiration is an idea whose time has come. Similar to the conventional wisdom that tells us to start saving for retirement when we’re young, rebreathing offers a similar journey for a lifetime. To access comfortable independent living in later years, we must be willing to change the way we think about money and plan for the future.

The rebreath states that your (with the help of friends, colleagues, and professionals) you can design and implement a work path to meet current and future needs from where you are today. Lifetime cash flow is the name of the game, but it doesn’t necessarily mean lifetime hard work. The challenge of rebreathing is learning how to harness your tangible assets (not the fancy digital numbers on a statement) to work for you in the future. Your talents, interests, assets, and abilities offer the key to unlocking your unique reinspiration strategy.

America and the world are already filled with renewed pioneers who walk the talk. Undoubtedly, generations of young people will need these examples to help them formulate their own strategy for the years to come.

Change is the way of the world. As the economic landscape changes, we must also change the way we think and behave when it comes to our financial security and well-being in our later years.