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Retirement benefits of owning a home based business

Happy retirement balloon.When most people think of retirement, they think of the investments they’ve built up over time. Well there are more ways than simply investing your money in the market, IRAs, 401ks, and commodities to build your retirement income over time. Don’t get me wrong, you should always be an investor and investing regularly all the time.

Of course you know what I’m talking about based simply on the title of this blog post. A home based business is totally what I’m talking about just in case you haven’t figured it out yet.

Did you, or did you not think owning a home based business was a way to help supplement your retirement income over time before you read this article?

I know you did, I’m just asking stupid questions. With all this being said, when is the best time to start a home based business? What do you think I’m going to say? NOW!!!! Of course. Just like with stock investing and other retirement investing there is a time benefit that comes with experience and being in the now absolutely right now.

I don’t know where you are in life, meaning how old you are and how far into your career you are if you even have one at all. One thing I do know is that you should have a home based business that builds you something called residual income. This is income that you build up over time that continues to pay you whether you work or not. Unlike your job, where if you stop working today, that monthly paycheck will stop coming in. A home based business will continue to pay even after you stop building it.

You can think of each person that you bring into your multi-level marketing home based business as being an asset for you. Did I say multi-level marketing? Yes, I absolutely did. Are they pyramid schemes? Of course some will be, but the majority are not. Most multi-level marketing businesses get labeled pyramid schemes because certain negative people sign up and fail because it wasn’t the right business for them. They will then turn around and blame the Company instead of themselves, go figure, right?

So, you find the right business for you, then refer as many people as you can. Over time, you will have a few strong downline members that will refer hundreds of others below you which are obviously smaller assets.

Have you figured out how a home based business can help fund your retirement yet?

I sure hope so. In fact, if you are successful at your home based business early on, you will probably be able to retire from working a job a whole lot earlier than you ever thought you could. One thing I like to do is build 3 home based businesses. Why would I do this? Well, with anything in life there is never a guarantee. It is mainly a way to protect myself from any sudden downturn of any one 3 of them. In other words, don’t put all your eggs in one basket, got it?

I hope this info on adding an extra retirement asset was enlightening to you.



11 Comments

  1. That is certainly a plan I am working to – retire earlier than most people do. Mind you, it is not easy working for yourself, especially from home. There are many distractions and it is too easy to get work/home life mixed up.

    If you are interested, I have started up an instant payment affiliate system on my blog. I am promoting 2 products at the moment. One is a script/plugin for affiliate marketers and the other is a special offer to all who sign up for email notifications. Both are products in their own right but both come with 50% affiliate schemes with an instant payment system.

    If you want more information, let me know. It is early days yet as I have 5+ products in the development pipeline with a heap more on the drawing board. The main products page is still in draft and will soon be released.

    All products will be offered with a 50% instant payment affiliate scheme and will be launched over the next few months, several weeks apart. I will have more news posted on my blog in the next couple of weeks. Cheers – Michael.

    Reply

  2. i am saving money for my retirement because i want to enjoy most of my time as an old man.*~;

    Reply

  3. Reiko G says:

    This is definitely a great idea especially for those who want to retire early and want to earn more at home. Home Based Businesses are definitely a good thing to do.

    Reply

  4. Ellis Gibson says:

    as i approach my retirement age, i would like to save more to have a vacation:;”

    Reply

  5. i always save money for my own retirement, i would also like to invest on some stuffs,:;

    Reply

  6. I definitely want to retire early and fulfill my ultimate dream which is tour around the world and retire with enough money in my pocket that is why as early as now, I already working on an online business that would make this dream a reality.

    Reply

  7. George C. says:

    When I get a retirement, I would like to spend it on a tropical island with a very relaxing atmosphere :-)

    Reply

  8. when i do get my retirement, i would really love to relax near the beach and enjoy a home on a tropical country -~-

    Reply

  9. You’ve got great insights about get paid to view advertising,get paid to read emails,view ads and get paid,work from home,income from home,top home based businesses,get paid to read emails, keep up the good work!

    Reply

  10. Wendell Morken says:

    Nowadays, home based business are in really needed because of the very bad economy. home based business can add some additional income to a starving family.

    Reply

  11. Much thanks! It is definitely an great web-site!

    Reply

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