Are You Going to Mop Floors at McDonald's?

Are you ever going to be able to retire or areSecurity. The number of people still in the
you going to mop floors at McDonald's? Have youworkforce paying into the plan will not be enough
ever walked into a fast food restaurant andto cover all of the outgoing payments made to
noticed a Senior Citizen mopping the floors orretirees.
cleaning the tables? I have, and it really breaksLook at Enron! Thousands of employees'
my heart.retirement accounts disappeared over night. Don't
Do you think that the Senior Citizens who arethink that you will be safe. The biggest problem
mopping the floors dreamed of the day whenthat I see most people make is to rely on one
they could retire and then work at McDonald's toincome. Relying on one of anything is very
earn some extra income? Can you picture themdangerous to you. If you are relying on your
in their 20's, 30's, 40's and 50's just waiting for401(k) and the stock market crashes, you are
the day when they could start at McDonald's?going to suffer. If you are relying on Social
I am presenting this on the funny side, but it is aSecurity and it runs out of money, you are going
serious point for you to consider. The Seniorto suffer.
Citizens you see working are not workingIn fact, many people rely on just one income
because they want to. (Well, some of themfrom their job. What happens when the company
probably do want to.)downsizes and your one income goes away?
My mother retired a few years ago and has aNever rely on one of anything. It is far too risky.
part-time job because she likes to meet newYou really need to protect yourself from the
people and see old friends at work! The majoritydanger of "one" by creating other multiple income
of Senior Citizens are working because they havestreams. By having 20 income streams coming to
to. The reason they have to work is becauseyou each month, you are not as dependent on
their monthly income isn't enough to cover theirany one of them. This book is about building
monthly living expenses.passive monthly income streams that you can live
Do you want to mop floors and clean bathroomson to ensure your financial security and
when you hit your golden years? If not, thenindependence.
consider this:When I say passive income, I mean money that
"If You Ever Want to Retire in Your Life, Youyou receive every month from your investments.
Better Start to Create Passive Monthly IncomeUnderstand that it takes some work to set up
Today"passive income streams. However, once your
What is guaranteed to you in today's world? Isincome streams are set up, you simply have to
your job secure? Are you guaranteed to getmanage them.
Social Security or your pension at work? Will theThis is part one of a long series of posts that I
stock market continue with hardly any growth?will be rolling out over the next few months.
Study after study has shown that Social SecurityThanks for reading and to ensure you receive all
will run out of money.the posts in this series make sure to subscribe to
The reason is because the baby boomermy RSS feed to the right, you can also grab a
population will go from working and paying tocopy of my Free Ebook.
Social Security to retirement and collecting Social