How to Identify and Remove Financial Blocks Introduction Part 1/7

Have you ever heard a ‘qualified’ financial planner tell you “keep working and putting away money, so when you retire (at around 65) you will have a sizeable ‘nest egg’ of money which you can then retire with and live the life of your dreams?”

This usually means a house by the beach, lots of free time walking on that beach with the partner of your dreams, lots of travel and a luxury boat and car as well.

The harsh reality is….. over 95% will NOT have enough money saved to even fund a retirement that maintains their current standard of living.

Hundreds of thousands of hard-working citizens will not be able to fund a retirement plan that’s barely even more than welfare. What makes this utterly ludicrous is that the planners, financial institutions and governments know it.

Yet they still allow the confusion, myths and lies to continue. The truly scary thing is that the people trying to plan and invest are generally amongst the smarter ones in our society who actually make the effort to plan for their retirement.

The statics show that most people do not even plan to be financial free by retirement.

Let’s face it, most people don’t want to have to work for money just to pay the bills. Do you really want to “have to” work? Do you really want to be doing something you would prefer not to be doing…..for most of your life…… just so you can pay the bills?

That’s exactly the plan they’re selling you, and sadly the plan that over 85% of people are buying. Worse still, most are not even prepared….for what happens after 65. A very scary thought.

Let me be clear, I’m not saying you shouldn’t work. What I am saying is that you should have the choice to work if you want to, not because you have to. You should love what you do so much that if you didn’t get paid you’d still do it. Wouldn’t that be incredible?

True Financial Freedom is having passive streams of income that do not require exchanging hours for money.

Most people just don’t have a clue on what it really takes to develop, maintain and keep the passive income streams that give true financial freedom.

Here’s an interesting question to ponder: have your advisors demonstrated to you that they have achieved financial freedom?

Can they honestly prove that they make enough money via passive income sources so that they don’t need to work? I can tell you right now that these people are just as tied to their ‘job’ as you are and are falling into the same trap themselves (either that or they get rich selling you financial plans and funds). I know for a fact that most of the 53 financial planners that I use to manage could hardly make it from pay day to pay day. Yet they would give advice on people’s lives and money.

Here’s a great analogy. You want to get in serious shape. You read all the books you can, watch all the shows on TV and you even buy a gym membership. Then you come to see the ‘advisor’. It’s an incredibly overweight person who wreaks of smoke and is already out of breath just from walking from the reception to the consult room.

Would you seriously take advice on dieting and fitness from this person? Guess what? This is EXACTLY the level of advice you get when it comes to money. The only difference is, you can’t SEE that the person is in really bad financial shape. Anyone can afford one expensive suit.

I hope I’ve made my point.

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