How To Stop Getting Fearful And Worried About Running Out Of Money In Your Old Age And Retirement?

The Problem

The very thought that you are constantly aging and getting old each year is itself a constant source of all kinds of negative feelings and insecurities in life. 

If you are especially above 50-55 years old or above 60 years old, I understand that there are bound to be some deep-rooted fears in your mind which are always associated with survival and safety. 

More so if your only source of income till now has been your job or employment with no substantial savings or government aid like pensions or returns on your investments that can last the next 30-35 years or so of your life. 

You might have a number of family responsibilities other than the constant burden of paying all kinds of bills. 

You might find that you have no money, no job, no business, no assets and no money supply (you can check out my article on “What Is The Importance Of Money Supply? Find Out the Types Of Money Supply That You Can Pay For To Get Them!” after you cross 60 years of your life to support your old age and retirement.

You might become financially and in other ways depending on your close friends or relatives or family members like your children who misbehave and I'll-treat you, beat you up, and do not take care of you. 

These very thoughts and experiences can send shudders down your spine. You might also feel that life has almost come to an end for you with no further health, goals, ambitions, aims, targets, purpose, mission, vision or no physical and mental energy and fire left in you to fight, grow, develop, live, promote and rise further in your life. 

If you are stuck in your life in these situations and thoughts then let's see together how we can pick up from here and just get going.

The Solution

At the outset let me point out an important economic fact that the retirement age and old age concept is not valid anymore in this technologically enabled new economy. 

Yes, we are into the knowledge and technology-driven new economy which started somewhere in the 1990s and 2000s with the advent of new technology and the Internet. And the concept of retirement age of 60 years due to old age belongs to the old industrial economy which has now already ended and is no more in existence.

 

It was the economic lifestyle prevalent in the old economy where a person worked in the same organization and retired after the age of 60 years.

Work is the new retirement in this new age economy now. 

If you are 55 or 60 years old and beyond then the first thing that you can do is to check your personal inventory. 

It is obvious that at this age you have a vast experience behind you. If you have nothing else in life at the age beyond 55 and 60 then your own experience, insights, existing knowledge, skills, talents and strengths are your biggest assets and value in today’s market. 

Do some brainstorming by looking back at your life to find out what is the kind of work that you have been naturally good at doing and even today you find that work easy and fun to do. Not because the work is easy to do but because you find it easy to do as it comes naturally to you.

 

Find out what is that type of work that gives you maximum happiness, joy and satisfaction while doing it so much that you can totally immerse yourself in that work without looking at the time on your clock. 

Once you narrow down to your type and kind of work start looking for that kind of job in the market either as a freelancer or as an independent contractor or even as an employee or self-employed which can be either offline or online so that you can be paid for that kind of work. 

I know very well that there are many internet companies that have projects meant for experienced and elderly people.

If you want more help to either get a job or do a business without any monetary investments in your old age and retirement then I highly recommend you to check out my below two books that are available on Amazon.

1. How To Get Exciting Work From Home Internet Jobs Which Anyone Can Do: How to Make Money Working From Home

2. How To Start Your Own Internet Company At Zero Cost And Earn Real Profits By Getting Work From Home Internet Jobs: A Step By Step Guide And Game Plan

Below is a list of benefits that you can get doing the work that you like doing at your so-called retirement or old age. 

1. Firstly, you will be paid for the work that you enjoy doing. 

2. Since the majority of your time will be spent at work or in production you will need very little money for your own self to consume or for your personal needs and expenses and as such you can save a substantial portion of your earnings.

3. Such engaging work will be a kind of medicine for you as you will have very little time to worry and do negative thinking.

4. Hard work will only enhance your health and keep your body and mind fit and strong as nobody dies with too much work.

5. The daily work will itself be a motivation for you to further create, design and build your own business and become a small business owner.

You can also check out my following two articles to get further help and clarity on the most suitable career path that you can choose for yourself in your old age and retirement.

1. How To Print Your Own Money From Your Home Like A Bank!

2. How Can Your Home Become A Business Institution In This New Capitalist Economy!

So, I hope this piece of information can help you find your new energy, purpose and meaning to live a fulfilled and wealthy life in your old age and retirement.