Courses by Nick Usborne
Nick Usborne's How to Write Your Own Money-Making Websites program.
The most reliable and certain way to make money online is to write an information-rich website on a topic that already interests you.
Nick Usborne's How to write your own money-making websites program...
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Nick Usborne's Million Dollar Secrets to Online Copywriting
An in-depth course to give you the knowledge and expertise you need to make money as an online copywriter.
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Writing Courses
- Online Copywriting
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Niche Writing Markets
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Income Streams
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Business Building
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Self Growth for Freelancers
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Articles on Freelance Writing Success
- Bob Bly
- Peter Bowerman
- Nick Usborne
- Ed Gandia
- Pete Savage
- John Riddle
- Kendy Sproul
- Clayton Makepeace
- Steve Slaunwhite
- Michael Masterson
- Chris Marlow
- Roger C. Parker
- Marcia Yudkin
- Michael Stelzner
- Brian Tracy
The notion of ”paid retirement” hasn’t been around for long, and won’t be with us for much longer.
by Nick Usborne
In a recent article, The Economist came up with some very interesting historical facts regarding the whole idea of workers receiving a pension during their years of retirement.
“WHEN Otto von Bismarck introduced the first pension for workers over 70 in 1889, the life expectancy of a Prussian was 45. In 1908, when Lloyd George bullied through a payment of five shillings a week for poor men who had reached 70, Britons, especially poor ones, were lucky to survive much past 50. By 1935, when America set up its Social Security system, the official pension age was 65—three years beyond the lifespan of the typical American. State-sponsored retirement was designed to be a brief sunset to life, for a few hardy souls.”
The article goes on to say:
“Now retirement is for everyone, and often as long as whole lives once were. In some European countries the average retirement lasts more than a quarter of a century. In America the official pension age is 66, but the average American retires at 64 and can then expect to live for another 16 years. Average spending on public pensions across the OECD is now the equivalent of more than 7% of GDP (they cost America just 0.2% back in 1935). In some countries the current figure could double by 2050, to say nothing of the cost of private pensions and extra spending on health and long-term care.”
So what do you think your chances are? Do you think your state and company pension will keep your finances in good shape for the years following your retirement from work?
I’m certainly not depending on it.
And nor do I want to work at my job indefinitely. I don’t want have to get up at six in the morning and sit down to work when I’m seventy years old.
That’s why I have been building my own pension plan. And why I have chosen and developed a way that generates passive income, even when I’m not working.
By writing a few money-making websites I am already generating a monthly income in excess of many people’s pension payments.
You may already know of one of my sites, CoffeeDetective.com, which brings me in an average of over $4,000 a month. And even though I’m taking a two week vacation at the end of this week, the income from that site won’t slow down while I’m away.
That doesn’t mean to say I have stopped working on that site. I haven’t. I want to keep growing it and increase the income it generates.
My goal is to have at least five sites like that, all producing a good income, within the next five years.
That will mean I’ll be making about $20,000 a month in passive income.
At that point I’ll be able to switch over to semi-retirement. I’ll still tinker around with my sites, because I enjoy doing it.
But I won’t have to get up at six in the morning.
Nor will I have to worry about money if I want to go on an extended vacation.
And I definitely won’t have to depend on a state pension plan, or have to worry about those less than honest folks over on Wall Street.
I will have created my own retirement income plan. I’ll have total control.
And I’ll enjoy my retirement.
NOTE: To learn how to make money from a big crowd, find out about my program, How to Write Your Own Money-Making Websites.
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