09 June, 2009

City Retirement Income Guidance

Are you a city government retiree or employee? How would you like to earn extra income each month? You have desired skills that you can turn into additional monthly revenue. You can, too, and we want to teach you and help you enjoy your Government Retirement Income.

I am a government retiree and I have found out a way to earn extra income to supplement my retirement. Believe it or not, your government experience and skill and even your interesting hobbies can be utilized to earn income.

The average federal government retiree is currently receiving a pension from $1,500 per month to $5,000 per month depending upon their state and type of employment. This is generally only 50%-75% of their salary while they worked full time in their job. If you are either a government employee or retiree, will this be enough for you in your 20+ years of retirement? You may supplement this with some money that you put away in your 529 plan or may have some other funds and that is great, but what if you don?t or it is not enough? More and more of us are finding it difficult to survive let alone thrive without additional retirement income.

Unfortunately, the common financial advisor tells people and the contemporary thought is that a retiree will spend less each year while retired than they did while working. Actually, we are finding that they usually spend just as much in retirement as they did while working to maintain their life style. Moreover, when you are taking income from your retirement portfolio in years with low returns or losses, you are frequently compelled to dig into your investment principal, and you are compounding your investment losses.

Wouldn?t it be nice to have that extra income so that you don?t need to worry about such stuff? As I said before, I am a government retiree and I have found out a way to earn additional income to supplement my retirement. You have special skills that you can turn into additional monthly income. You can, too, and we want to teach you and help you enjoy your retirement.

We understand that your desiresare different from other retirees. While you most likely will have that pension check each month, expenses such as health care are rising faster than your check. Will you have enough money each month not only to survive, but thrive and enjoy your retirement dreams? Will you Run Out Of Money?

What?s the most effective way to make your cash last? Either spend even less than you are, or MAKE MORE Retirement Income. There’s no single investment or revenue generation method for retirees that will work in each situation. But if you start to make money from your own business, those worries can melt away. Here is a great way to get started: Elite-retirment-advice.com will point you in the right direction.

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