I don’t believe that I am alone in saying that I’m shocked at how quickly the winter season has come and gone. Where did the time go? 13 years from my legal retirement age, I realise that even these years will also be gone in a flash. I can’t also imagine how I ever dreamed that I could continue to bury my head in the sand about how I would be able to afford to live when this time came.
It has taken a personal tragedy to make me address reality and be proactive in taking some control over my financial future. I’ve realised that I know hardly anyone who is still in employment at retirement age. Besides, two thirds of the final Salary Pension to which I signed up 26 years ago, is but a distant dream. In addition to all that, with the news that for those of us in employment, the increase in technology means that we are all working 5 times harder than we did in the 70’s. This situation will only worsen and, for the vast majority of us, we are running harder and going backwards. Furthermore, no longer can we depend on our parents leaving us their property. Their increasing longevity and changes in the law means that this inheritance is now being gobbled up by Nursing Home fees. Added to this, our children’s inability to secure employment or housing could possibly result in a very bleak future if we do not act now.
So how can we keep up?
I used to think of self-employment as a dirty word, but after having experienced it, I’m wondering why I didn’t try it before. For me, it’s about tapping into skills and talents that are lying dormant and using them to starting new businesses. This could possibly secure a reasonable lifestyle with which to retire comfortably; it may even be our only means of support in retirement. This is where OM really delivers the tools because it allows you to make multiple income streams by advertising your skills, as well as testing and selling your products. You can use the time left in employment to test and build up a business.
The good thing about this site is that you can find other people with complementary skills and work alongside them to share ideas, projects, etc. In this way, you can achieve things that you couldn’t have done on your own. With an online OM shop, you could start making money now. The best thing about this is that the OM team will actually do your digital promotion for you so you don’t even have to create your own website!
I have been able to start my own business and until it begins to bring in an income, I can get some revenue from my other skills. I might even be required for mentoring because of my own business knowledge. All my skills can potentially earn me income. As most people tend to drift into areas they are good at, for the first time in my life I can say that although I am working, hard it doesn’t feel like work.