Contents
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Published By: READ PUBLISHING Distributed By: READ PUBLISHING Designed By: READ PUBLISHING
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HypergrowthFX - Discover A New Twist On Forex TradingThat Most People Have Never Heard Of
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The Retirement Disaster That Is On Our Doorstep Will Be With Us For A Long Time
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5 Creative Travel Options For Retirement
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Could Investing In Forex Be The Secret To Early Retirement
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Advertising Enquiries: READ PUBLISHING
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If You’re Not In The Cryptocurrency Market Yet Don’t Stay on The Sidelines Paul McKeon’s 4 Factors You’re Likely Forgetting When It Comes To Retiring Paul McCartney On Retirement
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Inspired Retirement
Health And Wellbeing
Can Cryptocurrency Set You Up For Life
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Welcome
to our frst issue of Retirement Life Magazine. We are so happy to have you on board!
Retirement is a new stage in life that needs to be embraced and enjoyed. A new chapter filled with exciting opportunities and experiences just waiting to be explored. It is also a period where planning is the key to success, enjoyment and peace of mind. That is why we are so excited to be bringing you Retirement Life Magazine - a publication especially designed for the retiree or the soon to be retiree! A magazine packed with informative and entertaining articles about how to not only plan for your retirement but also how to get the most out of it and most importantly how to enjoy it. In this issue we meet financial expert Chris Hogan who offers some practical and motivational advice about how to plan and execute not just any retirement, but an inspired retirement! We also meet Paul McKeon, author and founder of the website www.mylifechange. com.au who shares with us the 4 most common factors that you are most likely to forget when planning for your retirement. Some great tips worth considering so that you can avoid making some very common retirement mistakes! We also get up close and personal with the legendary Sir Paul McCartney, who at the age of 76 and having spent over 55 years entertaining people all over the globe explains why he is
nowhere near ready to retire from the spotlight anytime soon… This issue is also bursting with a range of other interesting and exciting articles including:
The funding disaster that is right here on our doorstep and that could be here for a long time. 5 creative travel options to explore in your retirement. Cryptocurrency. Can it set you up for life? If you are not in the Cryptocurrency market yet – why you should not be staying on the sidelines. Health and wellbeing for retirees. What you should be doing to take care of yourself. Forex - could investing in it be the secret to early retirement? As you can see that there is lot to get through! So take some time out and enjoy the magazine as we especially created Retirement Life Magazine to try and provide you, our readers, with a diverse range of articles that will make your every day journey though retirement a little easier and a little more fun. We hope that you enjoy our first issue of Retirement Life Magazine as much as our team enjoyed creating it. You have worked hard all your life, so now it’s time to sit back and smell the roses and make the most out of your retirement. Thank you for reading and from all the team at Retirement Life Magazine we wish you and your family a wonderful Festive Season and a happy and safe New Year. Cheers,
OUR CONTRIBUTORS
Chris Hogan Paul McKeon might have been the most unlikely person to wind up working as a financial speaker. Why? Years ago, Chris was an All-American college football player who pushed future NFL players all over the field—far removed from the world of helping others find Financial Peace.
For Chris, the path from football to where he is today was a long, but meaningful, journey. While he was a vice president of a well-respected company, helping clients manage all phases of their businesses, he realized how so many families, marriages and children were being affected by money issues. He felt powerless as he sat behind his desk and watched his clients throw away their financial futures. Chris knew things needed to change.
is the founder of the website www.mylifechange.com.au and the publisher of 3 books about lifestyle issues affecting people in their 50s, 60s and 70s. The books are titled – “The Rest of Your Life”, “Relationships in our 50s – 60s and beyond” and “How to stay Healthy, Active and Sharp in Retirement”. All the books can be purchased on his website. He had a career in marketing, tourism, sports promotion and publishing in Australia, the UK and S.E. Asia. His books and website stress that a successful retirement is about more than good money management and people need to consider the important lifestyle issues if they are going to find lasting happiness.
HypergrowthFX
Discover A New Twist On Forex Trading That Most People Have Never Heard Of.
from https://hypergrowthfx.com/free-portal1.php?user=teven
In a nutshell, HypergrowthFX is a free online coaching portal that makes it easy for average people to leverage the forex market through a 100% hands free fully-automated trading account. Trading is done for you by real traders (ie. not robots) with a proven track record of success.
making the trades for them with a level of transparency not seen before.
HypergrowthFX is available at https://hypergrowthfx.com/free-portal1. php?user=teven and is run by an expert in the Forex and cryptocurrency space who thoroughly screens traders before they are added in the system.
What makes HypergrowthFX special as opposed to other free coaching programs is it's ideally suited if you are looking for ways to improve your financial situation. A professionally traded managed account is by far, not even close, your best option to leverage the Forex markets. Also, if you want to share this free portal with a few folks there is the potential to generate a huge additional monthly income.
It is so easy to get mesmerized by the lofty returns experienced by some Forex traders. The sad truth is 95% of all traders are losing money! This free portal shows how people with zero experience in Forex trading can win by having skilled traders
Here's the first big benefit for you with this system: The traders are only selected after they have proven their ability to DOUBLE accounts in 3 months and sometimes they do it in 1 month.
The second big benefit is something incredible HypergrowthFX does: What you might not recognise at first is aside
from leveraging the skills of professional traders you will also learn how you can partner with a Forex broker and share a portion of their profits on winning and losing trades. Yes, that's not a misprint. The brokers make profits on every trade and you can now gain an income from the losing trades as well. This presents a huge opportunity that previously was only available to the wealthy and opens up additional income sources in the Forex space. Now I will tell you that this is NOT for people who are unwilling to take on more volatility than is customary in Traditional Investment Vehicles like stocks, bonds, mutual funds, ETF's (exchange traded funds), etc.... It is for anyone who is looking for investment strategies that help to compress time frames, particularly if they are behind on key financial targets like Retirement, College Fund Planning, Debt Elimination, etc... The thing I like most about this product is it gives average people a real chance to become a millionaire in 4 - 6 years with minimum risk. You can start by just watching from the sidelines. If you feel it will work for you and you are ready to fund your trading account you can start with as little as $250. One thing I do want to point out is the fact that even the most skilled trader will lose some of the time. The cash flow trading strategy they adopt is more aggressive and because of this volatility, if
you do not know what to expect, it is likely that when your account is in "Drawdown", FEAR may grip you and cause you to not stay the course. In my opinion that's not a big deal because all profitable trading accounts will experience Drawdowns from time to time but they ultimately win a lot more trades than they lose. This is explained very well in the training and you will learn to shun the “fear” of Drawdowns and instead embrace that Drawdowns are a part of the journey to becoming a FX Millionaire. I plan to use it to fund my retirement and help others to attain financial freedom within 4 - 6 years. The great news for you is that the cost of the training is completely free! There is no monthly or annual subscription. Everything you need to know to get started on the path to millionaire status is available inside the free portal. So when you compare that to traditional investment opportunities that can only offer financial freedom for those who already have a large portfolio, this is a way where everyone can win even if they have minimal financial resources and are late getting started. Now is the time to take a hard look at this if you are struggling financially, have fallen behind with your savings or are looking for a way to fulfill your dreams and be financially prepared to enjoy a comfortable retirement.
For more information go to: https://hypergrowthfx.com/primer-1.php?user=teven Disclosure: Please note this is an affiliate link and the reviewer will be compensated if you make a purchase.
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Creative Travel Options for Retirement Though your life may span upwards of eighty years, usually there’s only two times in your life when you can travel completely unrestricted; as a young adult or as a retiree. The period in life before you settle down into a career and family is a popular time to experience the world, however this usually comes with restrictions, that being money. As a retiree, you’re a lot more likely to be financially stable, and responsibility free. Gone are the years of being locked into a 9-5 job and bringing up a family, as a retiree you often have the freedom to do whatever you please. And, with all the travel options there are plus huge amounts of spare time on your side, you literally have the world at your fingertips!
The Financially Conscious Option: House Swap Always wanted to live in a town house in London? Perhaps you’ve dreamed of life in a beachfront shack in Malibu? Both options are within easy reach - without the worry of spending a fortune or committing to a new location long term - thanks to house swapping. Many retirees own their own homes and can quite literally exchange their house for someone else's house in another country. If you’re worried about safety (and rightly so) make sure you go through some of the bigger sites, these offer verifications for each participant and offer a security program. Try companies like www.homeexchange.com and www.lovehomeswap.com
The Luxury Option: Retirement Cruising Picture a huge, luxury ship full of likeminded people around your age who are too, responsibility free. Though, not many people are aware, retirement cruises are actually a thing. The cruise line Oceania, offers a 180 day cruise that stops in 30 different countries. While the price may seem steep, you must take into account that you won’t be paying for transport, airfares, accommodation or food for six whole months - this is all covered in the price of the cruise. Plus, you’ll be travelling in complete luxury. After all, what better way to kick back and enjoy your hard-earned retirement than poolside with a cocktail as you sail across the Aegean sea?
The Social Option: Try Living Off the grid!! Are you retired? Are you interested in Caravanning? Great, then you check all the boxes to become part of the world’s exclusive off the grid club, Campervanners. Every year, thousands of retirees take to the roads and head for warmer weather on a caravan trip that puts a two week vacation to shame! The group usually heads through the outback for many months and park their caravans together at each site, plus with most of the group being budget-conscious the adventure shouldn’t break the bank.
The Humanitarian Option: Voluntourism As a retiree, you’re obviously (read: hopefully!) a lot more mature than your average twenty-something on a gap year holiday. For this reason, you may be drawn towards giving back and interested in a volunteer holiday. If so, Voluntourism is likely a great fit. There’s a myriad of different programs and charities out there that will be delighted to host you. Options are endless, you can do anything from helping with turtle conservation in Indonesia or teaching English in Costa Rica, or even helping preserve UNESCO listed World Heritage Sites in Italy. By volunteering with charities, you’ll not only feel good about giving back, but you’ll also get the opportunity to gain local insight about the culture and the area from those that you are volunteering for.
The Adventurous option: Swim through an underwater gallery because, why not? The above are all fairly responsible and very realistic options when it comes to retirement. However, if there’s ever a time to let loose and let your hair down, it’s now. After all, you deserve to celebrate how hard you’ve worked throughout your life. So, on that note, why not do something adventurous and different, like swimming through an underwater art gallery? The Maldives are home to an underwater art gallery consisting of completely submerged art sculptures designed by British artist Jason deCaires Taylor, doubling as a habitat for marine life. The combination of art, water and sealife cannot be done justice by just pictures; and its beauty must be seen to be believed. Plus, visiting somewhere as cool as an underwater art gallery on an island will sand shivers down their spine!
If You’re Not In The Cryptocurrency Market Yet, Don’t Stay On The Sidelines. Despite all the controversy surrounding cryptocurrencies, and even with the current market shakedown, Bitcoin is still hot property allowing the average person a real shot to compress timeframes and make up for lost time.
If you haven’t already invested in cryptos, there’s still time. The Digi Markets are fast moving and volatile markets. Because of the speed at which the markets move, it affords us the opportunity to make extraordinary gains in brief periods of time.
Bitcoin is new class of asset, hence many retirees like to stay away from them. Cryptocurrencies are not as complicated as they sound. It’s an asset, like any other asset, where you can invest and enjoy good returns. Let's have a look at three reasons to invest in cryptos:
• Diversify Your Portfolio
No investment is 100% risk-free, i.e stocks or real-estate. In fact, cryptos are risky as well. You can’t completely remove risk, but you can mitigate it by diversifying your portfolio. Cryptos can be a good option to spread out your savings. However, remember that you don’t have to invest all your money into cryptos, but it does have the potential to supercharge your portfolio.
• No Direct Control
Bitcoin and other digital currencies are decentralized. The government or other organisations have little to no control over the price. While it may sound like a bad thing to some, it makes digital coins a viable investing option - , as investors don’t have to worry about the changing market conditions. Like gold, they’re a contrarian asset and are affected minimally by fiscal policies and overall market conditions.
• Long-term Potential
When it comes to retirement, you should keep the future in mind. Cryptos may be highly volatile today, but are going to be great for tomorrow.
You can invest in cryptos and let your money increase over time. While they can be great for short-term investments as well, such decisions can bring a lot of stress.
For example, if you expect the price of Bitcoin to increase tomorrow, you can bid $100 on it. If you win, you’ll make $100 and if you lose then you may lose $100 or a part of it, depending on the conditions.
On the other hand, a long-term investment will not put much pressure on you since they’re pretty much guaranteed to give good returns in the long-run.
The benefit of speculative trading is that you can start from as low as $10. Plus, you can even make more profit thanks to the multiplier effect. However, the risks and fees associated are also higher.
A study of every Bear Market in the history of Bitcoin reveals how prices ultimately surged from Valley Low to Mountain Peak experiences yielding extremely high returns for a minimal investment. In addition to this, cryptocurrencies are highly liquid. You may buy or sell them as you like.
How Can I Invest in Digital Coins? You have two options, each having its own benefits. These include: • Purchasing coins and keeping them in a digital wallet. • Using an online platform for speculative trading. If you’re planning to save for your retirement then we suggest that you invest in an assortment of coins from the top 20 listed on coinmarketcap.com.However, pick one after a lot of research and diversify by choosing a variety of options. Also, be careful in selecting a wallet. Choose one that’s safe and affordable and offers good liquidity so that you can sell the asset without any problem. On the other hand, if you’re after shortterm gains then you can turn to speculative trading via platforms like www.binance. com/en?ref=35040192. This involves guessing the future price of an asset. You make or lose money based on the outcome.
Cryptocurrencies can be a savior during tough economic conditions. If you’re looking at safeguarding your future, then consider investing some of your savings into cryptos.
Delicious and Simple BBQ Recipe Beer-Marinated Barbecued Chicken Nothing says a lazy summer afternoon better than a BBQ with family and friends and nothing is better on the BBQ than a simple chook. The secret to this sensational barbequed chicken recipe is all in the marinade. The combination of beer, garlic, mustard and lemon is an absolute winner and helps to create the perfect dish for a lunch with family and friends.
Serves 4 Ingredients • 1 bottle extra stout beer, such as Guinness • ¼ cup extra-virgin olive oil • ¼ cup molasses • 1 tablespoon grated lemon zest • 3 tablespoons fresh lemon juice • 2 teaspoons Dijon mustard • 4 garlic cloves, minced • 1 teaspoon sea salt • 1 teaspoon ground black pepper • 1kg chicken drumsticks
3. Remove the chicken from the bag and reserve the marinade.
4. Pour the marinade into a small
saucepan and bring to the boil. Let the marinade boil for 2 minutes before removing from the heat. Transfer ¾ of the marinade to a small bowl.
5. Heat your BBQ grill to a medium heat. 6. Grill the chicken drumsticks up over
molasses, lemon zest, lemon juice, mustard, garlic, salt and pepper together.
a medium heat with the lid closed until the meat is no longer pink at the bone. The usual rule of thumb is that the drumsticks will take 40-50 minutes. During the last 10 minutes of cooking time baste the chicken with the ¾ cup of reserved marinade (turning the pieces once or twice during this period).
2. Place the chicken drumsticks into a
7. Remove the chicken from the grill and
Method 1. In a medium bowl mix the beer, oil,
large zip lock bag and pour in marinade. Remove the air from the bag and seal it. Turn the bag to distribute the marinade evenly. Place bag in a bowl and refrigerate for a minimum of 4 hours (overnight in ideal).
serve warm with the extra marinade as a sauce on the side.
Perfect served with crisp green salad, lemon wedge and a sprinkling of sesame seeds.
Paul McKeon’s
4 Factors You’re Likely Forgetting When it Comes to
Retiring Y
ou’ve budgeted a safe amount of money to see you through retirement and are feeling confident. Financially, you’re set, but have you taken anything else into account when it comes to retirement? If you haven’t, then you’re not alone. These days, it’s commonplace for people to just think about finances when retiring. “When considering retirement, the first thing that crosses someone’s mind is money, money, money. We’ve all been taught the last fifty years by the retirement planning industry that
retirement is all about saving and investing it well,” says Paul McKeon, from 50 Plus Books. However, aside from money there are many other issues that you need to keep in mind when you hang up your shirt and tie and settle in for retirement. Namely, lifestyle issues like your health and relationships. “The reality is, people can have a million dollars in their retirement fund, but if their relationships are toxic or their health is cooked, they’re not going to have much fun with that million dollars,” Paul points out.
Here, Paul takes us through some of the lifestyle issues we should keep in mind when retiring.
YOU R H EALTH
As Paul touched on earlier, even if you have all the money in the world, it’s not going to matter if your health isn’t good. “If you’re going to enjoy the next twenty years - or the majority of that time - you need to stay healthy and if people have a good lifestyle they can stay reasonably fit and reasonably healthy into old age.” He stresses the importance of keeping fit with daily activities, like going for a walk or swim because it will improve your quality of life.
YOU R R ELATIONSHIP S
While all may be smooth swimming in your romantic life, many couples fail to consider that retiring may actually change their relationship. “For most couples, it’s the first time that they’ve ever had to live together 24/7 with no kids, no job and no outside issues to worry about,” says Paul. So couples need to consider this and discuss how they can both keep themselves occupied and keep the romance and love alive.
TH E IM PORTANCE OF F IN DING A P URP OSE
Yes, work may have seemed like a drag when you were there literally counting the minutes until you could leave, but, it kept you busy and kept you preoccupied. While you may not have found it a purpose in life, it did
take up a big chunk of your time. Now that you’re retired, you’re going to have a lot more time in your day and a lot less to do. “If you don’t have any purpose in life, it’s really easy to get bored, and not be particularly happy. The people who are the most successful in their retirement are people who are involved with life and involved with their community, they’re doing interesting things and they’re working at enjoying their life,” advises Paul.
P R IOR ITISI NG AND M AI NTAI NI NG F R IENDS HI P S
Most of us are guilty of it; letting friendships slip away as we grow older and settling into a simple routine with our partner. But, while this may be commonplace, it’s not necessarily a good thing. “Of course, there is tendency as you age to withdraw from society because your friends may pass and you’re no longer at work so you don’t have the work network. One of the threats that older people have is that they can withdraw from society, which leads to isolation and loneliness so, it’s really important to stay involved with your social networks,” Paul says. If you don’t have a social network, it’s a good idea to go out and start working on one which you can do by volunteering or joining various clubs or organisations. To hear more from Paul please visit www.retirementbooks.com.au @retirementbooks
Paul McCartney
On Retirement At 76 years of age, and having spent 55 years of those entertaining people across the globe, Sir Paul McCartney is not ready to retire and retreat from the limelight just yet.
“Retire From What?�
I
n an interview with BBC 6 Music News in June
“I’m always trying to be optimistic”
2018 (promoting his first new album for over
four years), McCartney quoted another longterm musician, Willie Nelson, when asked about whether or not he would hang up his guitar anytime soon. He said about a conversation with Nelson, that “I was talking about this whole retiring thing, because he’s older than I am, even. And he says, ‘Retire from what?’ And I think that just says it. Retire from what?” Being one of the world’s biggest musical artists, for such a long time, it’s probably no wonder that McCartney isn’t retiring just yet. He has the financial resources to do what he wants, when he wants, and has been quoted as saying that he doesn’t consider being a touring musician a job, because he enjoys it so much. Plus, of course, there is all those millions of fans who still snap up tickets to his shows in a heartbeat. Yet with other legends in the music industry, such as Elton John, saying goodbye to world tours in recent times, should McCartney be joining their ranks? According to comments he made in an interview with Eyewitness News, he did think about calling it a day back in 2007 when he turned 65. Hitting the common retirement age made him consider making the change. If McCartney looked at the kinds of shows many younger musicians put on these days, there may have been other reasons for him to think about leaving the world of music. Many singers add a huge theatrical component to their
performances, we know – just consider
some of the massive Beatles hits were
the acrobatics of Pink or the regular dance
released - or when the group came to town
numbers of JLo. McCartney certainly isn’t
and caused an almost hysterical level of
going to be following in their footsteps!
excitement in devoted crowds.
Some people also think that the rock and
As for McCartney, with a brand new album
roll star can’t hit the same notes as he used
to promote with an optimistic spirit, it
to, and that some of his later music, ex
seems unlikely that we’ll see him disappear
The Beatles era, hasn’t reached the dizzy
from the public eye and performing
heights of musical perfection that came
anytime soon. The musical stalwart noted
before.
in his Eyewitness News interview that he
However, if you ask any of the long-term
tries to stay upbeat in his life.
McCartney fans around the world if the
“I’m always trying to be optimistic”, he said.
great artist should retire, most people
He thinks most people worry too much
would likely say they wouldn’t care if he just
about things that “probably won’t happen”,
sat on a chair to sing a whole concert. It’s
and that , “there’s an expression somebody
his distinctive voice, personality, musical
said to me once. ‘I’m an old man with many
genius, and amazing repertoire of songs,
worries, most of which never happen,’ and I
has made him a household name, and
think that can be very true.”
which continues to be a drawcard.
If we’re to follow his advice then we
Many people also love his shows because
should stop worrying about Sir Paul
they get the chance to indulge in some
McCartney’s retirement – for at least the
nostalgia. They can remember where they
foreseeable future.
were and what they were doing when
“Sit back and relax and do the things you never got a chance to do.� - Julie Hebert -
The retirement funding disaster that is on our doorstep will be with us for a long time
The human race is living longer as time goes on, but retirement age can vary quite a lot according to where you live. For example, in Australia it is around 65 or even up to 70, but in many European countries, 60 or under is the mean retirement age. Individual circumstances also play a big part in determining retirement age, such as health, redundancy or retrenchment. One of the biggest fears amongst retirees is outliving their savings, and it is a very valid fear. Many countries have some sort of pension scheme, but this is often minimal, designed simply to aid with life’s necessities. There are a few simple things you can start doing right now to ensure you have the means to live retirement to its fullest.
Make a Plan The first thing to do is to get a handle on your current financial situation and seek out your superannuation, investment and savings figures. Once you have all of your data, you are in a better position to project forward to retirement age and work out any shortfalls. A financial planner or adviser may be useful in helping you understand what you will need - and by when. It is also useful to know any relevant tax implications on superannuation benefits, as these vary according to jurisdiction. From here, you can set yourself a retirement plan that will ensure you stay on the right track through your remaining career years.
Start New Savings Habits It doesn’t matter how much you earn; it will not make any difference to your retirement if you spend it all. An easy way to regularly save money is to set up recurring debits from your dayto-day account into a new fixed account specifically designed for savings. If willpower is a problem, put it into a term deposit or similar account that you are penalised significantly for accessing. Another way to save for retirement automatically is to voluntarily top up your superannuation. Some workplaces can do this for you by organising additional contributions direct from your pay on your behalf, or you can do this yourself.
Increase Your Income For most of us, our salary is our main source of income. However, with the cost of day-to-day living on the rise, saving can be difficult at times. Finding additional or a secondary source of income is a great way to boost your savings for later on. For example, you can find another job or work extra hours to make more money. You could approach your boss and pitch a pay rise. Think outside the square and see what options you have. Another way to increase income is through investing in the relatively new world of cryptocurrency. Like any form of investing, you need to do your homework and tread wisely, but the returns can be well worth the effort. There are several digital currencies to look at, such as Bitcoin,
Litecoin, and Ripple. It can change your fortune overnight like it changed James Gilbert’s, who became a billionaire within hours by investing in cryptos. Whichever way you go, always use a trusted broker service and be careful. Diversification can be a good trick to mitigate risk. Other forms of investment can also yield great results long-term, such as real estate or stocks. Each option has its own pros and cons, so take the time to compare them and select the best options for your interests, budgets and projected timelines.
When to Start Saving for Retirement? In a word - immediately. The sooner you start thinking about your retirement, the better off you will be when the day comes to hang up your work boots. Getting into the habit of saving a little money each month may take a little getting used to, but retirement will be knocking before you know it and you’ll be thankful you have enough to do all the things you dreamt about - travel, a new hobby, or spoiling the grandkids! Time gives you the benefit of compounding interest, which effectively means your savings increase as each year passes without you needing to lift a finger. So, take stock of your current finances and put steps into place now to ensure you end your working life with enough in the bank to live a full, happy and healthy retirement. There is no better time to start saving than right now.
Could investing in
Forex be the secret to early retirement?
Retiring can be a stressful period as - for possibly the first time in your life - you’re entering a stage of your life where you will be making no money whatsoever, meaning you have no safety net if something goes wrong. However, retirement shouldn’t be stressful, it should be a happy time; a celebration of how hard you’ve worked throughout your life to not have to worry again financially. So if you’re feeling stressed about your lack of capital, would like some financial security and don’t have a huge amount of money to invest, then investing in foreign currency could be the answer. Interested? Here’s a little background about Forex trading to get you acquainted. An
interesting and unique quality about foreign exchange is that there is no central marketplace for foreign exchange which means that all transactions occur via a computer network between traders and the world. So, rather than just operating on US time, currencies are traded 24 hours a day, when the market for US currency exchange closes, because of the time differences the forex market in Tokyo opens. Also, currencies are actually traded in pairs, like the US dollars against the Australian dollars, so basically when you’re trading, you’re betting that one of the currencies will go up and the other will go down.
Here’s a few reasons investing and trading in Forex can be a great idea to help support you in your golden days.
The largest financial market in the world
income streams previously inaccessible to the average investor.
There’s no minimum spend
If you’re not willing to risk a lot of money - or don’t have a lot of money to invest - then forex can An average of $5 Trillion is be the perfect fit. Because you’re traded every day. With that type literally buying foreign currency, of Trading Volume, somebody, you can spend as much or as somewhere, knows how to little as you like. If you think about extract consistent profits from other investments, like starting the market. your own business, it takes a Yet, it is said that 95% of all huge investment of capital in the traders fail miserably. beginning. However, with Forex Keep in mind that money is never really lost in the markets. It you can start with as little as a simply changes hands from those few hundred dollars! Of course, the returns will be higher on that are not skilled at trading to bigger investments but that’s those that are. So, if 95% of all traders lose money... what kind of something you can work your money are the 5% ELITE making? way up to when and if you feel comfortable.
New income opportunities
A new era is emerging in this space that now gives regular folks a real shot at achieving financial independence. We are talking about the fact that it is now possible for those with zero trading experience to win in this space by not only having a Professionally Traded Managed Account (where trading is done on their behalf by skilled traders) but also to partner with a Forex broker and share a portion of their profits in winning and losing trades. This represents a paradigm shift in the Forex market that provides additional
Information is easily accessible
Thanks to the internet, learning about forex - things like how much, when and where to invest your money - is just a click away. The internet is full of training materials online that can introduce you to the market and teach you necessary terminology like hypergrowthFX (Check out our product review on pages 6-7). Through online brokerage firms, there are even demo versions that you can ‘play’ with fake money so that you can learn the ropes before investing your real, hard earned dollars.
Inspired Retirement Well known author and financial expert Chris Hogan shares his five fundamentals that will help you to retire inspired!
Chris Hogan is not your typical financial expert. Chris started out as an AllAmerican college footballer who was more comfortable on the field than behind a desk. But his journey has sent him on a trajectory that has culminated in a passion for helping others find financial peace. An engaging and humourous speaker and talented author, Hogan is committed to promoting financial education to a wide and varied demographic. Whether it’s speaking at colleges or businesses, mentoring athletes or advising retirees,
Hogan is an expert on a range of subjects such as mortgages, healthcare and investment. In his book Retire Inspired: It’s Not an Age, It’s a Financial Number, Hogan directly focuses on what steps you can take to ensure that you are adequately equipped for not only a secure, but also for an inspired retirement. He encourages his readers to think about retirement as not being about an age, but rather a financial number that you need to achieve in order to live the life you want when you retire.
It’s a powerful read that will help educate and empower you to set reasonable expectations and make sound investment decisions. For Hogan, the key to ensuring an inspired retirement, is simply to break it down into some fundamental steps and to know what you want to achieve and how to execute it. “I’m a big sports guy, so when I hear the word fundamental, I think of the things you focus on every day, every hour and every practice as you strive for excellence,” says Chris. Here are the five fundamentals that can help keep you on track as you work toward retiring are:
(because your dream will evolve.) Your actions matter, and focused attention brings results.
Fundamental #4: Commitment Commitment means embracing the sacrifices necessary to get to your dream. It’s the pledge to your spouse, your family, your community, your children, and your grandchildren (whom you may have not even met yet!) Commitment is the understanding that your health, wealth, work, and relationships are a blessing and that you have to embrace the responsibility of leaving a legacy.
Fundamental #1: Dreaming
Fundamental #5: Vigilance
Dreaming is an action. You must be able to see your retirement dreams clearly and need to own them. Dreaming is the process of discovering (or recovering) the things you have always wanted to do. It is the want’s of your life. You need to remind yourself of your dreams every day.
Vigilance means knowing that stupid is always lurking around the corner. It’s watching out for people trying to get you to invest in a risky, once-in-a-lifetime opportunity that will most likely leave you broke and embarrassed. Vigilance is a mindset that you are going to protect your dream and your legacy. It means ignoring the Joneses and the temptation to look rich (even when you’re not.) It means that you
Fundamental #2: Planning Planning is the strategic process of figuring out how to achieve your goals. That means you and your spouse need to have plenty of discussion. If you are single, find an accountability partner who can hold your feet to the fire. Planning is the process
where you connect your actions to your goals. Let the plan be your GPS to get you to your retirement dreams in style. A huge part of that plan will be your commitment to budgeting.
Fundamental #3: Execution Execution means taking the right steps at the right time. It involves investing, budgeting, avoiding debt, working with your dream team, communicating with your family, maintaining healthy relationships, and yes, even continuing to dream
will protect your retirement dreams and that you will stay focused on preserving the blessings of the legacy that you will leave. According to Hogan, “You can view every aspect of your retirement through the lens of these five fundamentals. If you continue to stay on top of those five things, you’ll be way ahead of the game.” For more information on Chris Hogan or to order a copy of Retire Inspired: It’s Not an Age, It’s a Financial Number or to explore some of his other inspiring books including his latest book Everyday Millionaires due to be released in January 2019 go to: www.chrishogan360.com
Health andWell being It doesn’t matter how old you are, it’s never too early to plan for retirement. In fact, many experts say that you should start retirement planning as soon as you get your first check. The sooner you start planning the easier it will be. However, retirement planning is not very simple. It’s not only about your financial health but your physical well being as well. According to a 2002 report by Kathleen McGarry titles Health And Retirement: Do Changes In Health Affect Retirement Expectations? there’s a strong connection between health and retirement. Let’s have a look at three reasons why you should pay attention to your health to enjoy your retirement:
1
THE COST O F H E A LT H CA R E
The cost of medical treatment is on a constant rise, at times a lot higher than the average rate of inflation. It’s not cheap to get good quality treatment nowadays. The scenario is expected to continue in the future as medical treatment will only get more expensive. As you grow older, your body becomes more prone to ailments due to a lifetime of wear and tear. This means you will have to spend a lot of money on medical treatment as you grow old. According to reports, a retired healthy couple will spend about $266,589 on medical bills including
insurance. The figure reaches a high of $394,954 when you include dental and out-of-pocket expenses, too. On the other hand, the yearly medical cost stands at $6,999 for a single retiree. While the research was conducted in the US, it can be a reliable representative of any countries health figures as well. It shows just how important it is to take care of your health so that you can be healthy when you retire, requiring less money to spend on healthcare
2
LIFESTYLE CHANGES
Your life post-retirement depends largely on how you lived before you retired. If you’re healthy, you will not have to change much of your lifestyle including what you eat and where you go. Diseases such as hypertension, obesity, and diabetes can impact your lifestyle. They can be controlled by leading a healthy lifestyle and taking care of your health.
3
LIFE
EXPECTANCY
Your health can help you calculate your life expectancy. According to the official figures, the average life expectancy in Japan is 83.7 years, which is a lot higher than other countries. However, if you’re healthy, you may live longer and outlive your savings.
It makes sense to keep this in mind when planning your retirement so that you have enough money to spend after you retire.
HOW TO MAINTAIN YO U R H E A LT H Your health depends on your lifestyle. Here are a few things you must pay attention to: Your Diet You are what you eat. You should stay away from fried foods, too much salt, and too much sugar as they can cause you to fall sick in the later years. The best solution is to consume a balanced diet so that your body gets all the nutrients that it needs. Your Physical Activities Your body needs to be taken care of. Experts suggest that you stay fit and keep your weight in check as being overweight or underweight can have serious consequences. Your Habits Say goodbye to bad habits such as drinking, smoking, and not sleeping enough as they can cause serious health issues in the later years of life. Take care of your health today to have a good future tomorrow. The key lies in following a healthy diet and taking good care of your health.
Can Cryptocurrency Set You Up for Life?
Here’s four celebs who endorse it Did you know that in 2010 one Bitcoin was worth just three cents? Had you invested a measly US$5 then, you would have had 166.667 Bitcoins. Today, even with the current market slump, your total profit from the original investment of five dollars would be over half a million dollars! Sounds like a good investment, right? Well, it’s not just us mere mortals getting our interest piqued by this cyber currency, many well known celebrities have invested too. But, Bitcoin isn’t the only cryptocurrency out there, plenty more are popping up regularly with over 2000 alternative coins to choose from. While investing in a cryptocurrency can be risky, it can also be extremely profiting. Some of these alternative coins can languish for months and then explode out of nowhere for massive gains. If you’re successful with investing in it, you will likely set yourself up for life. But what is cryptocurrency? Basically, it’s a digital currency that is open source and has no central authority. It’s decentralised, which means it can be used anywhere in the world, and retains anonymity when spent, creating a culture of privacy and choice. Here we look at some celebs who are captivated by crypto.
Bill Gates Technology pioneer and the Microsoft co-founder himself, Bill Gates, has backed cryptocurrency, more specifically Bitcoin because of the ease it creates for geographically challenged transactions, making the incredulous claim that cyber currency is more valuable than real money. "Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient,” he told Bloomberg in 2014.
50 Cent In 2014, rapper 50 Cent - an already self-made millionaire - accepted Bitcoin as payment for his album Animal Ambition in his online store, amounting to a total of 700 coins. With the value of Bitcoin’s worth about US$660 per coin that means he collected a payday of about US$462,000, not a small sum by any means. However, with Bitcoin showing massive gains since 2014 his portfolio has sky rocketed. He’s not the only musician who is accepting Bitcoin. In the last 4 to 5 years, increasingly more and more musicians have started accepting Bitcoin as an alternative method of payment. This all adds to the credibility of Bitcoin and is the reason why many investors are still confident that it will be able to cross the previous highs quite soon and create new highs.
Ashton Kutcher Hollywood A-lister, Ashton Kutcher is vocal about his interest in cryptocurrency. "I think
Bitcoins are obviously becoming more and more relevant," he was quoted saying in 2013 at a TechCrunch Disrupt conference. And in recent years the stars interest obviously translated to him investing in cryptocurrency himself. Earlier this year the award winning actor donated 4 million dollars in crypto to Ellen DeGeneres charity, The Ellen DeGeneres Wildlife Fund. His virtual currency of choice? Ripple’s XRP token, the second largest cryptocurrency by market cap after Bitcoin.
Donald Glover Starring actor in the hit comedy Community, and internationally renown rapper by the name of Childish Gambino, Donald Glover’s opinion definitely has major influence across the globe. Glover was one of the first celebrities to invest in Bitcoin and expressed his interest in the global change cryptocurrency can create to Time Magazine. “I know a lot of people are skeptical, but I feel like if everything’s going to live online, why not Bitcoins? Being backed by gold seems very old and nostalgic to me. Being backed by Bitcoin, which takes time to actually make and there’s this equation that has to be done, that feels realer to me and makes more sense.”
A cautionary tale Success stories with cryptocurrency can make it hugely inspiring to invest in it. You may be thinking it’s the perfect retirement plan and can set you up for life. However, like gambling, investing in cryptocurrency involves a risk of capital with hopes of future profit. In layman’s terms, that basically means you’re taking a risk and could lose everything. As the tried and tested saying goes, only invest money that you can afford to lose. While the rewards of investing in cryptocurrency can be drastically life changing, and indeed set you up for life, it’s important to consider the worst case scenario and how much you can actually afford to lose.
