Help me to Retire

This is for some of the younger readers out there who are just starting out or for some of you who are after a career change.
What are some of the higher paying jobs out there that you don’t need any university or college degree for?
These jobs could help you save up for that deposit on your next piece of real estate or your first trading account much faster.
Here are a few:

• Bricky
• Air Traffic Controller
• Nuclear Power Plant Operator (Think Homer Simpson)
• Telecommunications Equipment Installers
• Police Officer
• Postal Service Employee
• Elevator Repair man
• Real Estate Agent
• Immigrations and Customs worker

For more you can read the full article here. (money is in $US)

Ever wanted to make a bit of extra cash on the side or even find yourself a new online based career? Then this article might be your gateway to a new life!
The Full article link is here including details and links on where to start.

Here’s the Ten:

1. Offer your professional expertise in an online marketplace
2. Sell photos on stock photography sites
3. Blog for pay
4. Or start your own blog network
5. Provide service and support for open source software
6. Online life coaching
7. Virtually assist other web workers
8. Build services atop Amazon Web Services
9. Write reviews for pay or perks
10. Become a virtual gold farmer

Some of these things might be out of your current I.T. skill set, but others such as photography and life coaching could be right up your ally.

Check it out and improve your cash flow!

Theres going to be no point investing in all those properties and shares if your not going to be around to enjoy the fruits of your labour. So below is a list of so called ‘Super Foods’ that will keep you as healthy as can be.

• Blueberries
• Beans
• Oats
• Oranges
• Broccoli
• Pumpkin
• Spinach
• Soy
• Salmon
• Tomatoes
• Yogurt
• Walnuts
• Turkey
• Tea (green or black)

These super foods will help prevent cataracts, macular degeneration, cancer and cardiovascular disease. And of course adding some regular exercise is going to do wonders for your health, energy and waist line.
So help your self out and read more about these foods here.

Found this good article on 4 mistakes that people make that keep them poor.

1. Having Children Before You’re Financially Secure
2. Attending College Directly Out of High School
3. Keeping up with the Jones
4. Stagnating

Some good ideas here for those starting out on their way to financial freedom.

Check out the full article here…  Beware of a few rude words in the linked article.

I came across an interesting article today that goes against a lot of peoples thinking in regard to this matter.

“Many people are saying that baby boomers will pull money out of stocks for their retirements”, dragging stocks prices down with it. “That’s nonsense, Roberto! In the long run, stock prices don’t change because of such reasons. They fluctuate because of the ability of corporations to create wealth.”

My favorite quote from this article….

“Supposedly learned analysts have warned for years that big-spending boomers haven’t saved enough to support their retirements. Really? This implies that when the poor little boomers reach retirement, they won’t have three cents to pull out of stocks. The analysts can’t have it both ways. If baby boomers haven’t saved enough, they won’t have many stocks to sell, will they?

Besides, boomers who haven’t accumulated enough savings won’t retire at 65. They’ll continue working, generating wealth that causes stock prices to rise.”

Anyway, I’m not convinced either way, only time will tell…   To read the full article at the Pasadena Star-News click here.

Here’s an interesting article I came across today, have a read -

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Source - Deppro newsletter

The significance of the baby boomers in the Australian property investment market is underlined by new figures released by DEPPRO.According to Paul Bennion, Managing Director of DEPPRO, some 50% or around half of all property depreciation reports prepared by DEPPRO are for baby boomer investors. “Baby boomers have been very active in all the markets now serviced by DEPPRO throughout Australia,” Mr Bennion said. “A growing number of baby boomers in Australia now view property investment as a low risk way of building wealth for their retirement compared to the stock market or even superannuation,” he said. “Many baby boomers have been attracted to buying investment properties because they can leverage the large amounts of equity they have in their owner occupier homes to organise home loans in excess of $1 million to purchase several investment properties. “For many baby boomers, property investment is now a financial imperative because a recent survey indicated that less than 10% of all baby boomers have more than $100,000 in superannuation. “This financial imperative is further underlined with the year of baby boomers (people born between 1946 to 1965) turning 60 years of age during 2006,” Mr Bennion said. “DEPPRO is finding that baby boomers are now particularly active in the ‘red hot’ property markets of the Northern Territory and Western Australia,” he said. “For example, more than 65% of depreciation reports for property investors in WA which are prepared by DEPPRO are for baby boomer investors.
Paul Bennion - Managing Director of DEPPRO - Depreciation Specialists

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There sure are a lot of Baby Boomers out there that will be relying on the government for assistance! Do yourself a favour while you still have time, get into property! The next property cycle is already upon us. Prepare now, do your research and look into living off your equity, you’ll be glad you did in years to come.
Also keep this in mind about your Super (401k). At the moment everyone is putting money into (topping up as they are encouraged to do) their Super funds and therefore into the markets… the markets have been going up… As the baby boomers retire and start taking their money out, where do you think the markets are going to head? Real estate could look pretty dam good then! Get yourself a copy of the book Rich Dad’s Prophecy by Robert Kiyosaki, it goes into more depth.

Welcome, this is the first post on Help me to Retire.

I plan to write around a post a day on this site, eventually creating a large online collection of very usefull information.

Stick with me and enjoy the ride to financial freedom

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