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Your Income

Your income funds your lifestyle. When you stop work as an employee, or close a business, that money stops. Then you have to rely on your investments. You’ve always known this was going to happen.  But such is the nature of we humans that it can still come as a bit of a jolt when you retire.  Suddenly your stream of income has stopped.

For much of our working lives our generation has been putting money aside for retirement. Compulsory Superannuation in Australia commenced in 1992.  Before that many people were paying into superannuation funds through their employer.

For the majority of people, even if you have been diligent about saving and have your superannuation well managed, your income won’t be the same as before you retired.

Are you completely happy with the income that you currently have? Can you do anything to boost your income?

Boomers Next Step encourages our readers and clients to start by considering what really matters to them in their future lifestyle. With that awareness you can plan how to create a lifestyle that fulfills you. This does not mean that everyone will be able to live like millionaires!  Realistically most people can’t have every element of the lifestyle they would like. But it does mean that you can build in aspects of your desires to create a fulfilling enjoyable life that you enjoy.

Not enough income? Boomers Next Step encourages you to consider how you could create an income stream through some business venture, and guides you through the process.

Visit Retirement Income, Learn About Online Business or Start A Business to read more about how you can increase your income.

Keep up to date... Stay current... Read the blog posts below...

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Financial Planning

By BoomersNextStep Guest Author / October 23, 2020

What is a financial plan? A financial plan mainly reflects the current financial situation of a person, the person’s monetary goals, and the necessary steps to be undertaken to achieve […]

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MattandLizRaad Renovating Online Assets

A Very 21st Century Strategy To Boost Retirement Income By Renovating Assets

By Jenni Proctor / June 29, 2020

Boosting your retirement income by buying and renovating assets for sale or ongoing income isn’t a new idea. But the way that Liz and Matt Raad approach and teach this strategy […]

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Does your nest egg give you enough money to retire?

Do I have enough money to retire?

By Jenni Proctor / October 14, 2019

“Do I have enough money to retire?” is a question that is asked many times every day by people who are approaching or have reached retirement age. This generation known […]

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forex-market

Should You Venture into the Forex Market?

By BoomersNextStep Guest Author / September 17, 2019

As an investor and retiree, you might be thinking of diversifying your investments and finding new ways to increase your earnings. You may be wondering if you should venture into […]

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How Baby Boomers Can Create Extra Retirement Income

How Baby Boomers Can Create Extra Retirement Income

By BoomersNextStep Guest Author / September 14, 2019

Do you feel like you might need to create extra retirement income? Are you hurtling towards retirement age only to realise that your retirement income is going to be less […]

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5 Things to Know Before Starting Your Own Business

By Jenni Proctor / August 8, 2019

Finally making the decision to start your own business is exciting, intimidating and invigorating all at once. It can be one of the most daring things we choose to do […]

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