"I would rather earn one percent off 100
people's efforts than 100 percent off my own efforts"
Is This How You Are Planning Your Retirement?
Have you ever wondered how are you going to pay your bills when you stop working today?
Before the water systems was modernized, people had to bring buckets to collect water from the rivers or wells to their houses.
Burke Hedges, in his book "Parable of the Pipeline", explains that going to work is a similar phenomenon.
Who would you want to
This is a classic story of two friends, faced with a business
challenge, and their different approaches to that challenge.
He was able to stop working, but have money coming in to him
You are welcome to download a copy of the synopsis of
Food for thought...
Can you afford to stop working with what you are doing today when you have to keep on paying for a house, car, food, clothing, medical bills, education for your children and holidays etc.?
Base on the CPF LIFE Payout Estimator, the monthly pay out works out to be around 0.55% of Retirement Account Balance for a male at age 60 (less for a female because of longer life expectancy).
In short, if you are in a position to invest say, $100,000 in your CPF Life account at age 60, you will get around $550 monthly... from age 62 for the rest of your life.
The future looks bleak for the majority of Singaporeans and PRs who do not have the $100,000 with the CPF and without other income sources to subsist after their retirements... unless they start building their streams of passive income.
To those who are better off financially but have yet to plan for your retirement, you might want to use the CPF Retirement Estimator to find out if you are indeed as financially well off as you assumed to be after your retirement.
The screen-shot below requires you to have a saving of more than $417K to enjoy a monthly expenditure of $2,000 for the next 20 years...
Note: You will need to save twice as much i.e. $834K if you have a dependent spouse to care for.
Will you have the disposable assets to maintain the lifestyle you desire after your retirement?
If your answer is No, then you need to do more than what
you are saving today for your retirement!
Moreover, as a bucket carrier, your income stops the moment you stopped working!
So what is the option?
With your team in place, you can take frequent breaks, go on extended vacations, eat, play and sleep well, knowing that your team will continue to work to contribute to your income!
Now, which do you think: bucket carrying or pipeline building is the better option to pay your bills and saving for your retirement when you have to stop working someday?
How can I get out of the Rat Race?
Would you like to be able to earn a lucrative income similar to
the collection of monthly rentals without owning properties and no recurring
costs to worry about?
Here is an example of the 'worked once and get paid over and over again' Pipeline Income:
As a Pipeline Builder, I worked once to
sign up my traders and affiliates.
Unlike the 24 hours a day constraint on active income of a Bucket Carrier (employee/professional/traditional business owner), there is no limit to what a Pipeline Builder can leverage to earn from his/her passive incomes.
In addition, the Pipeline Builder can choose to stop working with no worries on how to pay his bills!
Why Join Us?
While internet based businesses offer you easier ways to gain the power of leveraging of money, time and technology to create residual income without any of the hassles of setting up or running a traditional business, only you can offer your Commitment to make things happen!
No matter how many past regrets and failures that you may have, you can always start anew and afresh.
There will always be an opportunity cost for
any delay as a result of inaction.
We will guide and help you along the way because in our kind of businesses, we succeed when you become successful!
Start building your
3 Principles to build an Income Pipeline.
They are: Leverage, Residual Income and Commitment.
And... don't quit until you have succeeded!
The truth is that the harder you work to share your outstanding products/services, the easier it will become and the higher shall be your returns.
Don't just carry buckets when you can also build pipelines!
"A journey of a thousand miles begins with a single step."