If You Had To Retire In 2012 What Would Your Life Be Like?

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Think about this because time has a way of sneaking up on you.

If you are living pay to pay how are things going to change to allow you to retire?

Or maybe you have some cash put away but is it enough?

Do you have a plan?

And I do not mean buying lottery tickets.

What changes are you going to make in 2012 so that you can retire the way you want to?

Here is what I am going to do this year.

First, I have a great day job that I love however I do not want to be chained to my desk until I die.

I want to be able to travel the world and work at the same time.

To do that I need my own business that generates cash flow.

My business is consulting with local businesses to increase paying customers through online marketing.

I am very good at that.

However to attain my retirement goal I need a business that works for me while I am away.

So, I am going to create an offline marketing system that can be outsourced and allow others to sell it in their local market for a commission.

Eventually all I will do is train others how to market and sell the system to local businesses.

And I can do that training from anywhere in the world.

This is my plan for 2012.

Peter Fuller MBA CA
905-566-1927

P.S. In the comments below tell me what your plan is.

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This entry was posted on January 18, 2012, 7:42 pm and is filed under Retirement Planning. You can follow any responses to this entry through RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

#1 by Jim Jenks on February 22, 2012 - 12:13 pm

I definitely would not be able to retire this year; just graduated college and I’m still paying off school loans. This was definitely helpful though because I know I will need to develop habits that will put me in a good spot to retire down the road.
Jim Jenks’s latest post Melaleuca Foundation: Santa Lucia Children’s Home

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#2 by chanikacha on February 22, 2012 - 4:25 am

I am still young to retire but If I ever retire this year I will just have more time with my family.
chanikacha’s latest post Effective Ways on How to Learn French

#3 by Farrel on February 21, 2012 - 10:33 am

Hello peter, its been a long period of time that I didn’t visit your site due to health problem. I think in my part, retiring this year is not good for me lots of debt to paid off. That’s why I made a new site for better productivity for this year.
Farrel’s latest post Introduction to XHTML

#4 by Andrew Walker on February 20, 2012 - 1:50 am

Hi Peter. It’s really been awhile since the last time I dropped by your site.
Well you know, I’m not really planning of retirement for this year. It’s a definitely no for now. But yeah, I’m thinking about it too. To make a plan about retirement, I mean.
Andrew Walker’s latest post Get Cash For Your Gift Card, But Buyer Beware

#5 by Akos Fintor on February 17, 2012 - 8:31 pm

Hello Peter,

My plan for 2012 is to give more in every single way possible.

thank you!

Akos

#6 by Theuns on February 16, 2012 - 4:12 pm

Hi Peter

This is a very important Post for every one to read.

What are you working for ? or what are you living for?

If you work to retire one day you are wasting your time no matter what you say you will all ways fall short with money.

If you live for your dream like I do you will do every thing you can to get to your dream, take risk’s start a sideline business or Create something from a single Idea that you have.

My Idea is almost a realty and it will be before the end of this year , I have a dream to change the world with one Idea that i did get 5 years ago. What is that Idea ? to find out you can go to my blog and read the 3 last post’s that i did.

Regards
Theuns
Theuns’s latest post Most People Are Followers – Introduce Them To A Leader and They Will Thank You

#7 by Richard Goutal on February 15, 2012 - 11:38 pm

I should have retired given that my father did at 63, yet I am older than that now! Plan for 2012: Develop more info products for sale. Create more partnerships. Then we’ll see.

#8 by Melodie Kantner on February 15, 2012 - 3:19 pm

That is so true. Time has a way of slipping by. Planning for the future is really important.
Melodie Kantner’s latest post Have You Heard About The Home Business Radio Network?

#9 by Hans Schoff @ tornado safe room on February 15, 2012 - 5:05 am

Hey Peter, I like your plan! Planning to be big, as in a big business where you don’t have to be present for the business to operate and grow. Too many people just focus on how to make more money (linear income usually) not realizing that they have to continually earn it – and trade their time for it – or the money will stop. Again, great plan!
Hans Schoff @ tornado safe room’s latest post CNN, NBC Air Our Recent Tornado Safe Room Install in Madison, Alabama

#10 by Michael on February 13, 2012 - 12:21 pm

It is really something how they used to teach us to never trust anyone over 30. Now I think that people who are 30 are pretty young (I can’t really say they are kids, because they are not), but I still think of them as young.

I think working with local businesses to help them increase their customers and profits is a great kind of business to have. Taking advantage of the opportunities the internet has to offer and working toward a new kind of business reality for the future sounds pretty good to me.
Michael’s latest post Because My Mom Said So

#11 by Martin Green on February 13, 2012 - 11:08 am

Very interesting post, Peter. I’ll show it to my parents. As for me I’ll think about it later.

#12 by Jeffrey T. Sooey on February 13, 2012 - 9:41 am

Hi Peter,

Good for you! Though I haven’t thought much about my retiring I would like to do the same and plan ahead on what I want to do when the time comes and I am ready. Being able to do your work while traveling around the world is a great thing and with careful planning I hope to be able to do the same.

#13 by Gary Young China Sourcing on February 12, 2012 - 12:02 am

You definitely show some insight in your words. If we do not plan, it will not happen. I know people who have to go back to work after they retire because they just don’t have the cash flow. Thank you for the insight.
Gary Young China Sourcing’s latest post China Sourcing: Just Showing Up

#14 by Sadie-Michaela Harris on February 7, 2012 - 7:04 am

Life would be very expensive if I had to retire in France at the age of 44… it’s rather early. Should the situation be financially thrust upon me I would have to move to a much less expensive country and I would strive to find one with more days of sunshine too!

#15 by Julieanne van Zyl on February 7, 2012 - 7:04 am

Hi Peter, I am a boomer although I was born towards the end of the “so-called boom”, so I’m building my business online to allow me to have all the money I want to do the things I want – like travelling, scuba diving and spending time with my grand-children.

I’m using Network Marketing and Direct Selling as my “vehicle” for earning that money. I plan to use some of it to invest in rental properties, so I have other income coming in also. I love to diversify.

Your plan sounds great also Peter! Regards from Julieanne
Julieanne van Zyl’s latest post Network Marketing Tools why use a WordPress blog?

#16 by Rick Lelchuk on February 1, 2012 - 8:12 pm

Peter,

I think I have to agree with Joyce. It sure catches up to you quickly. Heck, I was just in college, wasn’t I?
RICK

#17 by Buddy Hodges on February 1, 2012 - 12:07 am

Passive residual income provides financial freedom. “Royalty” type income has been one of my goals for many years. During some of those years I did achieve enough passive residual income from network marketing to live on full-time — even if I stopped working. Those were years of great freedom!

Now I am determined to build up residual royalty income from writing, including blogging, books, and Kindle eBooks.

Depending on your definition, I either “retired” decades ago, or I will probably never retire. My own businesses have given me creative satisfaction and friendships. I tried, more or less successfully to live by the motto, “If you do what you love, you will hardly ever have to work.”
Buddy Hodges’s latest post Interdependence vs. Independence Reconsidered

#18 by Joyce Edwards on January 31, 2012 - 6:39 pm

Retire? I think I will have to work until the day I die. Since being a boomer and also getting caught up in the economic downturn I can not even think of that word. So I think I am going to follow you closer and get my cash flow flowing!
Joyce Edwards’s latest post FAT Doesn’t Make You FAT!!!!

#19 by Anok @ Sulfate Free Shampoo on January 26, 2012 - 6:27 am

Peter, i feel lucky that i don’t have to think about retire ‘cus am still a student

#20 by Nile on January 25, 2012 - 9:48 am

It is definitely important to have an income coming in that I don’t have to work much, even not at all. However, in 2012, I really do not plan to retire at age 32.

However, I do have plans that I have to meet and I want to be retired early on. I think I commented here before that even though when I retire, I would enjoy myself, I still would go to speak at conferences and do things I love to do. I just cannot see myself totally unplugged from my passion to teach people.
Nile’s latest post WordPress Pages Versus Posts, Which to Choose

#21 by Anthony McNeil on January 25, 2012 - 8:51 am

Hey there Peter,

For me this very thing will happen. I have not shared this online because of the assignment I was in, but at the end of 2012, I will be retiring after 20 years of being a Police Officer.

Fortunately for me, in addition to my janitorial franchise that I have own for 17 years, I have built an online business that will allow to leave and do the things I really enjoy in life… Spend time with my family and play LOTS of golf!

#22 by Steve Nicholas on January 24, 2012 - 8:51 pm

Great post, Peter! You are so right about the need to look forward and build a future. I am working on building my business, and also starting an investment group, as soon as I can find a proxy. (The investment is at a distance, and because of my schedule teaching, I am not in a position to make the trip to bid.) This is more of a 10-20 year plan, but I think that being anywhere from my early 40′s to about 50 is still young enough for me to enjoy the ability to work because I want to rather than because I have to
Steve Nicholas’s latest post Not a Two-Dimensional Figure

#23 by Lynn Brown on January 24, 2012 - 8:23 pm

Its a good reminder Peter! A plan is a must for today and the future. I have planned to increase my business through other income streams, joint ventures and new product creation. I enjoy how social media has helped to make that possible. Retiring? not sure if I will ever be ready for that, I’m having too much fun meeting wonderful people, learning everyday and making a difference in peoples lives as well.
Lynn Brown’s latest post A Facebook Mistake You May Not Realize You Are Making

#24 by John Gaydon on January 24, 2012 - 8:05 pm

Yes, you do stir the pot about having enough to retire.

I have some good residual income streams, but not enough to live on the Riviera for the rest of my life.

I am venturing into local marketing and wondered how much you charge clients to get noticed?
John Gaydon’s latest post How To Build A Large Network Marketing Business

#25 by Peter Fuller on January 24, 2012 - 11:08 pm

Hey John, pricing depends on the client and the value of new customers to them. Initially I will ask the client what a new customer is worth to them. No matter what you do, seo, google places, mobile, contest it all comes down to how many customers can you deliver to that client and their value. How much would you charge a client where each new customer is worth $1,000 and you think you can deliver 5 per month?

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#26 by Lynda Cromar on January 23, 2012 - 4:10 pm

It is definitely important to have a real concrete plan with steps laid out. If there is no plan, there is no action, if there is no action the dream is merely a wish!
Lynda Cromar’s latest post I Found The Secret Of Taking It Personal In MLM Network Marketing!

#27 by Steve-Personal Success Factors on January 22, 2012 - 9:31 pm

Peter, it’s great that you are thinking outside of the box. Like you, I’m grateful to be employed doing work that I love. However, my blogs are my property that I plan to leverage into a long term business that will be increasingly automated.
Steve-Personal Success Factors’s latest post Here Are More Online Business Success Factors for 2012

#28 by Keri on January 21, 2012 - 6:05 pm

I keep telling people close to me I’m going to move to Brazil, rig up a palm tree with wifi, and throw parties on the beach for tourists.

I act like I’m kidding, but really…not so much.

Our technologies allow us to be anywhere doing what our best judgement tell us. Fortunately, we have people like you to help us make good decisions.

~Keri
Keri’s latest post How Porn Can Help Politics in 2012

#29 by Cynthia on January 21, 2012 - 7:25 am

Hi Peter,
Sneaking up all right! I know I am not close to the retirement age but like you said, I have no intentions of being chained to a desk for the rest of my life.
My goal is to retire before I am 40 and then to go travel with my family… Now, the plan…
Well, internet marketing for sure. I am going from network marketing, seo services… I have a couple of ideas but I have to make sure to be able to deliver them flawlessly first
LOVE YOUR plan! It’s certainly something that is needed right now and soon it’s going to be in high demand.
Cynthia’s latest post SEOPressor – SEO On Page Optimization Tool

#30 by BuySellWordpress on January 19, 2012 - 6:19 am

I’m not going to retire this year, but I’m sure that we all should think about it now and plan everything
BuySellWordpress’s latest post WordPress Themes

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If You Had To Retire In 2012 What Would Your Life Be Like?

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