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What if you DO live to age 100?

Planning Your Career and Financial Future

Have you ever thought about living to be 100 years old? It’s not as far-fetched as it might sound. Thanks to advances in medicine and healthcare, people are living longer than ever before. In fact, scientists predict that many children born today could live well past 100. This brings up an important question: How will you maintain your lifestyle and financial security for potentially 35-40 years after traditional retirement age?

The Changing Landscape of Work and Retirement
senior femaleThe old model of working for 40 years and then retiring at 65 is becoming outdated. Why?

  • The average American can expect to live about 79 years, but this number continues to rise
  • People who reach age 65 today have a 50% chance of living beyond 85
  • Social Security benefits may only replace about 40% of pre-retirement income
  • Many company pension plans have disappeared, replaced by 401(k)s that put the burden of retirement saving on workers
  • Healthcare costs continue to rise, with the average couple needing over $300,000 saved just for medical expenses in retirement

These statistics paint a clear picture: we need to think differently about our careers and financial future. This is where a Career Ownership Coach® from The Entrepreneur’s Source® can make a significant difference.

Understanding Career Ownership Coaching

A Career Ownership Coach® isn’t just another career counselor or job placement specialist. They are trained professionals who help you look at your career and financial future in a completely new way. Their approach focuses on:

  • Discovering your Income, Lifestyle, Wealth, and Equity (I.L.W.E.) goals
  • Identifying multiple career possibilities that align with your goals
  • Exploring business ownership as a path to long-term financial security
  • Creating a concrete plan for achieving your desired future

Think about it this way: If you’re going to live to 100, do you want to spend 40+ years building someone else’s dream, or would you rather invest that time building your own future?

Why Traditional Employment May Not Be Enough
Many people believe that climbing the corporate ladder is the safest path to financial security. However, consider these facts:

business meeting

  • The average person changes jobs 12 times during their career
  • Corporate downsizing can eliminate jobs regardless of performance or loyalty
  • Salary increases often fail to keep pace with inflation
  • Traditional employment typically builds no equity or lasting wealth
  • Most employees have limited control over their income potential

senior foremanThe Possibilities with Ownership
Business ownership, especially through franchising, offers several advantages that traditional employment cannot match:

  • Multiple revenue streams that can continue even when you’re not actively working
  • The ability to build equity in a sellable asset
  • Tax advantages not available to employees
  • The opportunity to create generational wealth
  • Control over your income potential and work schedule

Planning for a Long and Financially Secure Life
Living to 100 requires a different approach to career and financial planning. Here’s what you should consider:

  • Your career might span 50-60 years instead of the traditional 40
  • You may need to reinvent yourself professionally several times
  • Your retirement savings will need to last longer than previous generations
  • Healthcare costs will likely continue to rise
  • You’ll want to maintain your lifestyle throughout your extended lifespan

The best time to start planning for your future is today. Here are some steps you can take:

  1. Schedule a consultation with a Career Ownership Coach® to explore your options
  2. Begin thinking about your I.L.W.E. goals and what they mean for your future
  3. Consider how business ownership might fit into your long-term plans
  4. Start educating yourself about the opportunities
  5. Develop a Plan

single candle birthdayLiving to 100 isn’t just a possibility – for many, it’s becoming a probability. The question isn’t just whether you’ll live that long, but how you’ll maintain your lifestyle and financial security throughout those years. Working with a Career Ownership Coach® from The Entrepreneur’s Source® can help you develop a plan that ensures your extended future is secure and fulfilling.

Don’t wait until traditional retirement age to start thinking about these issues. The decisions you make today will impact your ability to maintain your lifestyle for decades to come. Take the first step by reaching out to a Career Ownership Coach® and exploring your options for a secure and prosperous future.

Remember: Your future self will thank you for the planning and preparation you do today. Whether you live to be 80, 90, or 100+, having a solid plan for career ownership can help ensure those years are comfortable and financially secure.

 

Your Career Revolution book coverAbout Your Career RevolutionOur mission is to help individuals explore self-sufficiency as an alternative career.We help them define their Income, Lifestyle, Wealth, and Equity goals and provide education on the best ways to achieve them. We don’t sell franchises – we help people achieve their dreams of self-sufficiency through business ownership. The approach is different, the experience is different. And it works.Order on AMAZON
Learn More About Career Ownership Coaching®
If you are considering a career change, invest in yourself to discover your options, possibilities, and dreams. Chat with one of our coaches to begin your career revolution. To learn more about Career Ownership Coaching®, visit www.entrepreneursource.com or check out our guidebook, “Your Career Revolution: Reimagine and Reclaim the Life of Your Dreams.”

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