Many Americans, access to the benefits of social security as a security network are a key to a comfortable retirement request. But this is not the only solution.
Tony Robbins explains the motivation speaker, the author and philanthropist, social security to manage pension finances in one word.
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First, it is important to discuss some key facts around the Federal Progam of Social Security.
Americans know that there is an uncertainty about the financial finance of social security. Without legislative activity, its trust funds can be depleted over the next ten years.
If this should happen, employees waiting for the monthly payment of US social security can be stopped to find up to about 75% of the monthly payments, the value of the values ​​will be different.
Related: Tony Robbins warns US employees with social security, retirement confidence
Americans, about $ 1,900 with monthly benefits from social security, will be smart to use other strategies to invest.
Tony Robbins briefly cleans this point – and offers some tips.
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Tony Robbins uses 1 word to explain social security expectations
Robbins, most Americans are not touched in a place of inviolable location for the most Americans for a comfortable pension request.
Clearly stated, social security does not reach monthly salaries.
The author said that he did not plan to retire, and that social security will be sufficient and this is a recipe for the following:
“Disaster,” Robbins writes.
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The confession of this fact means that people plan to do more in the work years to put money for pension expectations.
Thankfully, there are many options. In general, the recommended methods include the use of 401 (k) and tax advantage of the employer.
Robbins, saving and investing, in preparation, there is a particularly strong idea about something in preparation.
Related: Tony Robbins have sharp words on social security and pension
Tony Robbins offers a strategy, outside social security for pension planning
Robbins ask the main question about how much money needs to retire. Leads a mathematical calculation to help clarify the destination.
As long as life-waiting rates increase, many people plan to plan to retire are carried out by cargo to provide a significant cost of living.
Robbins discuss the type of lifestyle to prepare a simple plan to protect and wait for how long it is waiting for in retirement.
The recommendation of people is to calculate how much money to protect the existing annual money costs. He emphasizes what this amount has earned, but more importantly.
If a person spends more than they won, an individual financial money disciplinary problem must be resolved by the individual.
Then Robbins says that it spends a year’s annual number to 20. That is, a longer life expectancy means that people cannot operate the money they saved.
Many people are eager to retire with passion rather than continuing their current lifestyle. For many Americans, retirement sounds like a boat owner or the dream of traveling away frequently in distant destinations.
Tony Robbins do not want people to fear thinking these thoughts and imagine great things.
They encourage them to embrace the mindset of abundance, unlike a defective mindset.
“The abundance mentality is the belief that there are enough reserves for everyone in the world and thanking for everything he has given the universe,” Robbins said.
“Often the belief in a defective thinking or the belief ends around the world – when someone gets something, leaves less for everyone.”
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