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Member since 11/07/2012
Name: Kurt Wilkins
Location: United States
Website: http://www.retireprosperousnow.com/
Let me start with my story…This year I am 60. When I was young, I convinced myself I had plenty of time to build a nest egg for our later years. I planned to invest, but it was always out there in the future. Suddenly the future is here.\\r\\n \\r\\nFor the past 35 years I was a real estate broker and believed real estate to be the most stable long term investment available. I bought sold millions of dollars worth of personal real estate over the years, but the sub-prime debacle that hit in October of 2008 and the ensuing deep recession had us so far in the hole that it was almost impossible to see daylight.\\r\\n \\r\\nAs you get older you start receiving your Social Security Statements that project your estimated benefits. I just got one.\\r\\n \\r\\nTruthfully, I have never been confident that Social Security was going to be around when I qualified, but the benefits outlined were extremely motivating to me…\\r\\n \\r\\nIf I retire at age 62 my payment would be about $1,371 a month. If I retire at 66 my payment would be about $1,937 a month and if I wait until 70 my payment would be about $2,628 a month. Whoa!\\r\\n \\r\\nBack in high school and college days I survived on that kind of income, but that was back when a hamburger was $.35 and a gallon of gas was about the same. How can mature adults have any kind of lifestyle on $1371 a month?\\r\\n\\r\\n \\r\\nFast forward to today. Answer these questions for yourself…\\r\\n \\r\\n1. What are your present and future financial options? Do you honesty have any options?\\r\\n2. How do you plan to pay off your current debts?\\r\\n3. How will you to generate enough income to retire comfortably?\\r\\n4. How long could you survive financially without a monthly paycheck?\\r\\nFind out more at: http://www.retireprosperous.com/