Is Retirement a Realistic Goal for You and Your Family?

As 2016 comes to a literal close, my last article for the year, supporting marketing, internet marketing, digital marketing, business ideas, small business ideas, business online, and work at home opportunities, showcases what has allowed me to transition from the Professional Salon Industry positions I held for a full career into what I consider a calling that meets the same expectations and standards.

The foundation for my next career path aligning with the industry that I have known intimately for forty nine years is helping the average Stylist or Aesthetician prepare for the next market crash by utilizing the basic principles of “money” and how simple financial principles can build and protect their wealth.

Unfortunately many of us did not receive this type of training or education as we were growing up and are left to market dynamics to help or hinder our future planning.

It is a certain probability that another market crash is coming anywhere from one to three years from now and unless we are fully prepared, can expect to be subjected to whatever the market dictates. In most cases, as was evident from the market crash in 08/09, the average American came out the proverbial loser. We lost our 401(k)’s, IRA’s, and other retirement vehicles, as well as investments and many times, our homes.

In following the financial experts and their expertise, it is chilling to know that something as drastic as the last crash could happen again. The saddest thing is that many of us have not properly educated ourselves on what preventions can be taken to prepare ourselves and family members for such a life threatening catastrophe.

Please read my article: Alarm Bells Are Sounding Loudly”, found on my Blog,  which supports the information on the next market crash. It is chilling but avoidable, if you take responsibility and plan accordingly.

I am dedicating this article to the thousands of Stylists and Aestheticians that I have met around the world over the past forty nine years. As a licensed Cosmetologist for forty nine years, I know how hard we work at providing for ourselves and our families. The market has changed at all levels, seen directly in our industry by the loss of exclusive salon / spa products and the support offered by the manufacturers that we used to take for granted.

One of the key reasons I am still working at my age, is that the market crash of 08/09 wiped out my 401(k), as well as my wife’s. I am blessed in being extremely healthy and able to continue working, but I feel badly for the many Americans that do not have that luxury and the reason many of us continue to plod our way forward, hoping for the best.

Another one of my articles, The Death of the Professional Beauty Industry, found at the same website and Blog as the earlier article, supports why I had to find another way to generate income. With a thirty six year career of managing companies and their sales, marketing, and education departments, I at least had a strong background in managing business. This led me to a shift in mindset and an entry into the financial services arena, where I am now licensed and working for a world class financial services company, whose Mission is to help individuals and their families with financial expertise that lays the foundation for all the things that we plan for in our growth in life: kids, college for the kids, large purchases such as a home, and ultimately retirement.

Unfortunately, without proper planning, it is the old cliché in action – Fail To Plan, Plan To Fail”, that undermines our success in setting up the finances to meet life head on.

As someone facing the challenge of retirement in today’s economy, using outdated models and methods that made sense at one time, forces a serious discussion for the millions of Americans that have been caught in the market’s cross hairs, as to what to do now, and how planning is critical to avoid the triangulation that the “three leg stool” promises.

My basic function and purpose for sharing information on my Blog is to generate information related to marketing, internet marketing, digital marketing, business ideas, business online, work from home jobs, wellness programs, lifetime fitness, and self help information that transform the thinking of the average person and opens up creative solutions for many of today’s challenges.

The three-legged stool” is a retirement term from the past that many financial consultants used to describe the three most common sources of retirement income for the average person. These were: 1) Social Security, 2) Company pensions, and 3) Personal savings.

Times have changed though and so has the three-legged stool. For younger workers, one could say that there still is a three-legged stool, but the legs have changed. In place of company pension programs, most employers have moved towards 401K plans which require workers to defer a portion of their own paycheck into the 401K retirement account. Some employers will match the employee contribution up to a certain percentage, but many current employers are even eliminating the matching program.

So let’s be clear. The old three legged stool model is Broken and does not work as originally intended, as the market dynamics have shifted in major sea changes that are affecting the 98%.

It is obvious that if we evaluate the three legs, starting with Company pensions, this leg is almost gone from the current scene. Today it is up to the Individual to sort out their financial world and to make sense of the complex financial structure that favors the wealthy.

The second leg, Personal savings, doesn’t’ give us much hope as disposable income continues to deteriorate, taking savings out of the equation. People are literally surviving, going check to check in many cases. I recently posted two articles to Face book and Linked In, by reputable news agencies that describe how 2/3’s of Americans cannot come up with either $500 or $ 1,000 to cover an emergency. So personal savings are out the window, as money is used for living expenses primarily. As the world’s largest consumer society, it is evident that the days of spend, spend, spend are gone. What has transpired in the process since the 08/09 downturn is that consumers are now using their credit cards to buy additional purchase beyond their “salary”, and getting deeper and deeper in debt.

The giant corporations are not getting the message that we cannot purchase all of their production as we once did and they continue to fuel the fire with their bottom line mentality.

The third leg, Social Security, which makes complete sense as a fallback position, is also in trouble, as we now have 78 million Baby Boomers retiring and expecting their SS check. From my research, this widely popular source of retirement income is almost broke, as when it was set up, there were 43 workers for every one retiring. Today there are only 3 for each retiree, causing a massive shift in payments that unless secured by some investment vehicle to populate the fund, will in time run out.

As readers of my Blog articles know, I had a great run in my career path, spanning the past forty eight years, with what I thought was a “bullet proof” retirement plan, utilizing the Three legged stool” concept. As we all know from personal experience, the 08/09 Market Crash changed all of that for many of us.

Fortunately, we live in the greatest country on the face of the earth, and I state that point literally, having travelled all over the earth several times over. As an Optimist and a believer in my own ability to continue working, I have tossed out the old three legged stool and replaced it with a whole new paradigm and mindset.

Now that I have transitioned into the financial services industry, I feel that my Mission, which is helping the average Stylist or Aesthetician prepare for the next market crash by understanding the basic principles of “money” and how simple financial principles can build and protect their wealth.

My objective in disseminating this information is to alert the average Stylist / Aesthetician on the possibility and probability of another catastrophic event actually happening sometime soon. The information is designed to scare you and wake you up to what is happening to all of us, while we sleep. As individuals, we never had control of this situation and always depended on our elected politicians to make the right decisions. I think it has become more evident as we move forward that our elected officials are more interested in their ideology and personal gain than in our future.

The greatest thing supporting my belief and support of my financial services company is their philosophy and mission to work with the 98% of the population that cannot or do not think of financial planning for their families and future. Financial planning has been typically regulate d to the 2% that are wealthy enough to afford a team of financial experts to make their money not only work for them, but also to use the power of these principles for their long term growth, stability and security.

Bottom line, we all need financial direction and guidance, especially in these volatile times. The icing on the cake is that we do not charge service fees for our services. It all starts out with a visit to your home or business, where we overview who we are, what we do and how the benefits of our services can help you short and long term. If there is interest in continuing, we set up a second visit where we dig deeper into the financial information shared with us to start formulating a plan for your future, as well as your families.

My recommendation is to quickly get with your Financial Advisors and plan out the next series of steps to counter the effects of what is predicted to happen, while you have some control of your assets and finances. Make this your number one New Year’s Resolution!

Here is my Call to Action. Contact me for a short conversation to see if our services can make a difference in your financial life. You have nothing to Lose, and everything to Gain.

The Author, James Hobart, has a fifty nine year career behind him, ten in the U.S. Military and forty nine in the Professional Beauty Industry as an industry executive at every level, with certification in hypnotherapy and a Life and Health license. His insight and experience has helped many companies and individuals with their growth and development over the years. His books, Happiness Is Your Birthright, and Salon / Spa Retail – The Lost Revenue Stream, and his Blog: support his philosophy on life and are practical sources to create positive change throughout one’s life.

His support of the global Wellness movement and its eight dimensional model is defined by a focus on three income streams, Financial Consulting with a world class financial services company, a Certified Hypnotherapist with a practice in Ventura, CA, and a Wellness Coach with the largest Consumer Direct Wellness Marketing Company in North America. More information is available at or


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