Would You Join A Multi-Level Marketing Company for a Retirement Income?
For many baby boomers retirement income could be a major problem. The current state pension is around £115 per week. (Unless you have a private pension that is!) Who could actually survive on that!
A quick calculation shows that you would need £240,000 in savings to earn £600 Per Month, or £400,000 in the bank to earn £1000 Per Month. That is with a bank rate of 3% interest, which is more than today’s rate with a lot of current accounts. You can see Chart below, or even better read The 45 Second Presentation That Will Change Your Life by Don Failla.
So is joining an Mlm Company / Direct Selling Company an option?
Well according to the much respected Forbes Magazine it could well be a way to make an extra £200 – £1000 per month to boost your retirement income. Here is the article. Forbes
As well as a retirement income, our business offers lots of other benefits like, improving your social circle, meeting new friends, helping others and building your confidence.
Daria M. Brezinski Ph.D, a practicing psychologist and former marketing director for a multi-level marketing magazine, echoes these sentiments. “Many people don’t realize that multi-level marketing companies are successful because they help people satisfy a number of important human needs, including feeling significant, having connections, learning something new, and making a difference. I have heard people in network marketing say again and again, ‘I’m doing this because I’m meeting amazing people, making so many connections and I feel so good about myself.’”
Sue and I chose Avon cosmetics to build our future and our retirement plan. There are so many other great companies out there but Avon Cosmetics fitted really well with us. We love the Avon products, have a real passion for helping others, and have made many great friends with Avon Cosmetics. Our retirement income at the moment? Well we would need to have invested over £2,000,000 at 3% return to get a monthly income equivelent to what we get at the moment. Stop and think about that!
To be honest I don’t know too many “baby boomers”, or otherwise who have got that kind of money tucked away. If we started to save now we would need to put away over £142,000 per year until I reach state pension age at 67 years old….. That is if the government do not move the goal posts again.
So on that thought, I will leave you and let you ponder the question?
Would You Join A Multi-Level Marketing Company For Retirement Income?
To us it’s definitely a no brainer, do the work and get paid over and over again. #royaltyincome
To your success,