Financial sooth-sayers are forecasting that even the most rigid pension plans, which demand a monthly drain on our resources, wont be enough to give us the retirement and financial security we need to enjoy our golden years.
There will be means tested state pensions (so what's the point of saving?), inheritance tax to consider and retirement homes will have to come with spas, salsa classes and sushi bars to suit the tastes of this generation.
All that hard work, saving and planning for a time when you are free of the shackles of labour and being slave to the clock may find you spending your days comparing the price of cucumbers at Aldi and Lidl and working out whether you can afford one.
Sorry to be gloomy but if you have a better vision of the future please share it with me now.
In both Paul McKenna's I Can Make You Rich and Timothy Ferriss The 4-Hour Work Week encourages you to think about ways you can harness your expertise into creating effortless money streams, eradicate time wasting chores to free up precious time in which to enjoy a millionaire lifestyle.
What would your millionaire lifestyle look like? If you had £100 million in the bank today what would you do?
Me? If the sun was shining I would buy the biggest champagne hamper from Harrods (have it delivered, of course) and spend the day by the river with plenty of family and friends. But when you think about it - gather some nice bread, cheese and wine from Sainsburys and you could do the same thing. The main luxury would be the freedom of time and having the day off to do it and share the time with loved ones.
Millionaire Lifestyles doesn't only mean $10,000 dollar per night presidential suites (one day, one day!) but the freedom to choose what you do with the precious time we have left. Would a Millionaire Lifestyle give you time to learn a foreign language, travel more, take risks, get fit and enjoy your life to the full?
I am increasingly working with clients on creating this feeling of freedom, quality time and wealth streams. If you fancy having those golden years right now book a 30 minute session (on me) immediately caroleann@realcoachingco.com