Some Earning From Home Secrets Prevent Potential Disaster

Through the experience of a friend, I became aware of an unseen danger lurking in the future of us all. My friend had a career in higher education administration and decided to exercise his retirement option at age 55. This occurred in 1984. The income from his assets and his retirement gave him an income in excess of $30,000 annually. In 1984 this seemed to be a pretty fair retirement.

Today, 24 years later, that retirement income has the purchasing power of less than $10,000 in 1984 dollars. Further research shows the same negative results for earners of all ages, retired or not. Little did my friend realize that a few earning from home secrets would become critically important to him?

Studies show that an income earner in today’s economy must be assured that his or her income will at least double every 10 to 12 years or the purchasing power will fall behind and one cannot stay even. Most employers cannot assure anyone of this.

What makes this a potential challenge and danger for everyone? There is an informal rule used in the investing and saving process called the "Banker’s Rule of 72." It is used as a close approximation in the accumulation of money at various rates of interest. Simply divide the expected interest rate of return into the number 72 and the answer determines the time required to double your savings or investment.

For example, if your expected rate of return is 6% and you divide it into 72, your principal will double in about 12 years. If you have $1,000 at 6% interest for 12 years and you leave all earnings in the account, you will have about $2,000.

The results of this "rule" can be a friend to the saver or investor but an enemy to the earner whose income increases do not keep up with inflation or to someone on a fixed income like my friend. He found that the cost of living increases were around 6% and it caused him to suffer about a 50% loss in the first 10 to 12 years.

He was fortunate in the early days of his retirement to realize the potential trap that could spell disaster for him and was exposed to some earning from home secrets which have served him well. He knew he must have an increasing income but he was reluctant to give up the freedom and flexibility of the daily schedule he was enjoying to take a job with regular hours. Also, he found that part-time work would not provide enough income as the years went by.

Today, he expresses his good fortune in being introduced to a business from home which gives him the flexibility of schedule he wants and the opportunity for earnings which increase and offset inflation. Because of some little known earning from home secrets, he uses his computer and thrives on the money freedom from home he enjoys.

What happened with my friend? In less than a year, he doubled a 24 year state retirement income and appreciates peace of mind as he looks into the future. Now, with a computer in his study and the great ability of the Internet to assist him, the future looks bright indeed. He feels he has prevented a potential disaster for his family as well as himself.