Bali + World News & Views Editor's Comments:
Combined Blogs With Over 1,700,000 Pageviews
Combined Blogs With Over 1,700,000 Pageviews
Baby boomer- Editor Lawrence sailing off Rock of Gibraltar
at the entrance to the Mediterranean Sea
Hello felllow baby boomers.
As the article below points out 33% of all baby boomers around the world representing approximately 25% of the world's population don't have enough money to retire.
It's understandable considering the high cost of living, transport taxes etc. in the Western world
The solution is quite simple if it's too expensive where you live, move to another place such as Bali where the weather is not only lovely year-round but more important the cost of living is 60 to 70% less than most Western cities.
Here you can own your own private two-bedroom luxury villa with a swimming pool for as little as $223,000 for 80 years and live like royalty with a private paid $200 a month full-time Housekeeper relieving you and your spouse from the juried chores cleaning, dishes, laundry etc.
Add to that groceries that cost 70% less and my favourite five dollars an hour massage you'll never want to leave.
I came here 22 years ago and nowam a very happy baby boomer I definitely do not want to leave.
The Indonesia government has made it easy for anybody over 55 to retire here permanently or temporarily.
At the same time you earn substantial profits from a villa which in essence only cost you a little over $200 per mth and can rent out for $1,500 $2,000 per mth.
Aee more details after this article or go directly to our website www.baliluxuryretirementvillas.com
Only 66% of Baby Boomers Think They'll Have Enough Money in Retirement
If you're not one of them, here's what to do.
Maurie Backman
(TMFBookNerd)
Feb 6, 2020 at 6:18AM
Author Bio
It's easy to think of retirement as a fairly inexpensive period of life, but actually, in some cases, your costs as a senior could very much mimic your expenses during your working years. This especially holds true if you don't enter retirement with a paid-off home, or experience major health issues as a senior that cause your medical spending to skyrocket.
It's for this reason that all workers are encouraged to save aggressively for their golden years -- to ensure that they have enough money to pay the bills once their time in the workforce concludes. Of course, Social Security does provide some income to seniors, but it's hardly enough to live on. At best, those benefits will replace about 40% of the typical earner's former wages, while most seniors need around twice that much money to maintain a decent standard of living.
IMAGE SOURCE: GETTY IMAGES.
Unfortunately, roughly one-third of baby boomers aren't confident that they've saved enough for their golden years. In a new report by Fidelity, only 66% of boomers think they'll have enough money to maintain the retirement lifestyle they want. If you're not happy with your future financial prospects, there are a few key moves you can make to improve your outlook -- and help ensure that you're able to enjoy retirement to the fullest.
1. Take advantage of catch-up contributions
The good thing about being 50 or older is getting more leeway with your retirement plan contributions. Though younger workers can only contribute up to $6,000 to an IRA each year and up to $19,500 to a 401(k), these limits increase to $7,000 and $26,000, respectively, among workers 50 and over.
Now, imagine you're sitting on $300,000 in retirement savings by age 60 and want to retire in seven years. If you manage to max out your 401(k) during that time, you'll wind up with a balance of $568,000, assuming your investments generate a conservative 3% return. That's almost twice your starting point.
2. Extend your career
Working longer can improve your financial picture in retirement in two regards. First, it gives you a chance to boost your savings. Imagine that in the aforementioned scenario, you max out your 401(k) at today's rates for 10 years instead of just seven. All other things being equal, you'll increase your savings balance to $701,000.
Also, working longer could allow you to hold off on claiming Social Security. For each year you delay benefits past your full retirement age, they grow 8% -- for life.
3. Plan for part-time work
Working part-time in retirement is one of the smartest financial moves you can make. Not only is it a good way to generate extra income, but it can help you avoid spending money by giving you something to do with your time.
Furthermore, while working during retirement once meant signing up to manage a cash register or hand out food samples at a warehouse club, nowadays, your options are virtually endless thanks to the gig economy. You can teach an instrument you know, walk dogs, drive for a rideshare company, or find an online gig, like writing or editing. Or, you can start your own business, whether it's a flower shop, cafe, or tutoring service.
You deserve to enter your senior years with confidence in your ability to live the life you want. If you're not feeling financially ready, take the above steps to improve your outlook -- and avoid the stress so many retirees unfortunately face.
The $16,728 Social Security bonus most retirees completely overlook
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies.______________________________________________________________
You may now Invest, Vacation or retire full time or part-time in Bali while achieving very handsome returns with this freehold property for Indonesian buyers or over 80 years of leases for Foreign Buyers included in the purchase price starting at USD 184,888.
Click here to see full video on Bali Luxury Retirement Villas.
Features of© Bali Luxury Retirement Villas starting as low as * $184,888
Developed and managed by 14-year-old Hall of Fame award-winning Bali company
We are a Ten-Year Consecutive “Certificate of Excellence” recipient on the Worlds Largest Travel Site and was awarded their "Hall of Fame Award", in 2019. This is awarded to only 2 % of the Hotels & Villas listed on TripAdvisor Worldwide"
They believe that recent clarification of Bali real estate laws for foreigners allowing them to obtain control of Bali Real Estate for more than normal life is creating a huge new demand for Indonesian and Bali Real Estate.
Coupled with the fact that Bali Real Estate has recently undergone the first correction in modern history with prices down as much as 50 % this may have set the stage for *increases of 20 % to 100 % in the next three to five years.
Free Bali Real Estate Seminar Video:
They manage Best Asia Real Estate, PT. Bali Luxury Villas with rentals starting at $99 ++ per room per night & Bali Luxury Villa Sales Starting at $158,000, plus Bali Paradise Beach Estates rentals starting at $128.00 ++ per night and Estate sales starting at $350,000. plus Bali Luxury Retirement Villas starting at #198,888 .
Maurie Backman
(TMFBookNerd)
Feb 6, 2020 at 6:18AM
Author Bio
It's easy to think of retirement as a fairly inexpensive period of life, but actually, in some cases, your costs as a senior could very much mimic your expenses during your working years. This especially holds true if you don't enter retirement with a paid-off home, or experience major health issues as a senior that cause your medical spending to skyrocket.
It's for this reason that all workers are encouraged to save aggressively for their golden years -- to ensure that they have enough money to pay the bills once their time in the workforce concludes. Of course, Social Security does provide some income to seniors, but it's hardly enough to live on. At best, those benefits will replace about 40% of the typical earner's former wages, while most seniors need around twice that much money to maintain a decent standard of living.
IMAGE SOURCE: GETTY IMAGES.
Unfortunately, roughly one-third of baby boomers aren't confident that they've saved enough for their golden years. In a new report by Fidelity, only 66% of boomers think they'll have enough money to maintain the retirement lifestyle they want. If you're not happy with your future financial prospects, there are a few key moves you can make to improve your outlook -- and help ensure that you're able to enjoy retirement to the fullest.
1. Take advantage of catch-up contributions
The good thing about being 50 or older is getting more leeway with your retirement plan contributions. Though younger workers can only contribute up to $6,000 to an IRA each year and up to $19,500 to a 401(k), these limits increase to $7,000 and $26,000, respectively, among workers 50 and over.
Now, imagine you're sitting on $300,000 in retirement savings by age 60 and want to retire in seven years. If you manage to max out your 401(k) during that time, you'll wind up with a balance of $568,000, assuming your investments generate a conservative 3% return. That's almost twice your starting point.
2. Extend your career
Working longer can improve your financial picture in retirement in two regards. First, it gives you a chance to boost your savings. Imagine that in the aforementioned scenario, you max out your 401(k) at today's rates for 10 years instead of just seven. All other things being equal, you'll increase your savings balance to $701,000.
Also, working longer could allow you to hold off on claiming Social Security. For each year you delay benefits past your full retirement age, they grow 8% -- for life.
3. Plan for part-time work
Working part-time in retirement is one of the smartest financial moves you can make. Not only is it a good way to generate extra income, but it can help you avoid spending money by giving you something to do with your time.
Furthermore, while working during retirement once meant signing up to manage a cash register or hand out food samples at a warehouse club, nowadays, your options are virtually endless thanks to the gig economy. You can teach an instrument you know, walk dogs, drive for a rideshare company, or find an online gig, like writing or editing. Or, you can start your own business, whether it's a flower shop, cafe, or tutoring service.
You deserve to enter your senior years with confidence in your ability to live the life you want. If you're not feeling financially ready, take the above steps to improve your outlook -- and avoid the stress so many retirees unfortunately face.
The $16,728 Social Security bonus most retirees completely overlook
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies.______________________________________________________________
Bali Luxury Retirement Villas as low 2.8 Milyar
(* $184,888 U.S.D. or$268,888 Aus.)
Pretty well everything you need to know including location, prices, and designs plus information on Bali and Bali retirement visas is available on our web site https://www.baliluxuryretirementvillas.com.
The information is available on our website:
1. INTRODUCTION
2. THE LOCATION
• 100% legal for foreigners.
• Includes leases totaling 80 yrs.
• Private carport included.
• Private 8 m (27 Ft.) pool** for leisurely laps.
• Only 200 Mtr. To a fabulous beach, restaurants, beach clubs.
• Great investment for you and your heirs.
• Private Housekeepers & drivers, only $200 MTh.
• Healthcare at a fraction of Western costs.
• Brand-new hospital within five minutes.
• Award-winning international Airport 35 min.
• Proximity to Sanur, Ubud, Denpasar.
• Walking distance to affordable restaurants and beach clubs
• Shared low costs of pool man and gardeners.
• Minuscule monthly common area fees.
• Managed by 15-year-old, Hall of Fame award-winning management company
• *Price of the least expensive villa in U.S.D. after $10,000 Discount for the first two villas only. Subject to change without notice.
• **Eight-meter first-class swimming pool Only U.S.D. $28,888 Extra
Our 14-year-old Bali company Pt. Bali Affordable Lifestyles International (PT. B.A.L.I.) with over 100 + staff and thousands of satisfied clients guarantee completion of any villas purchased now in 2020.
Conclusion:
These villas offer you an opportunity to own a luxury home on arguably the Best Island in the world with some of the greatest weather, lowest cost of living, clean air, and friendliest people.
Profit Now Move in Later:
You may not be ready to pack up and move to Bali in the next few years.
So, you may purchase now at these ridiculously low prices and we can normally rent them out for you for a monthly income of $1,500 to $2,000 U.S.D. per month.
Our 15-year-old “Hall of Fame” the award-winning management company that manages villas for V.I.P.s such as the former director of General Electric and Ritz Carlton can provide substantial net monthly income to supplement your pension while providing a carefree rental unit.
Confused? We understand that you may have concerns that we may not have even thought of, so feel free to ask whatever questions you wish.
We do not want you to even think about purchasing our © Bali Luxury Retirement Villas unless you are 100% convinced that they are safe, and perfect for you and your family.
Limited Offer: Save $10,000:
As with any new project we are anxious to sell the first few villas.
We have one already on hold and are only willing to offer one other villa at a $10,000 discount. First come first serve.
Free Stay in Luxury Estate:
If you wish to fly over and see the location first after you place a USD 2,000 Deposit we will offer you free accommodations in a 4 bdrm. 5 bath luxury beach view estate with a private 14 m pool for three days within walking distance of the location.
When you decide to conclude the purchase, we will extend the free estate accommodation for an additional four days.
Should you decide not to continue with the purchase we will refund your $2,000 Deposit minus $200.00 for the three-day stay.
Thank you for taking the time out of your busy schedule to review this information and information on the website. If there is any further information we can provide you please do not hesitate to ask.
Cheers, THE SALES TEAM © Bali Luxury Retirement Villas
PLEASE CALL OR EMAIL US: Tel: 62-361-284069 Mobile or Whatsapp 62-812-3814014 Email: infoBLRV@gmail.com
P.S. We also have several larger villas available from two-bedroom www.baliluxuryvillasales.com
 |
| Starting as low as $158,888. |
to four-bedroom www.baliparadiseestates.com
starting as low as $158,888. The leases on these units vary from 34 years to nine years remaining.
Please contact us if you wish for further information. Tel: 62-361-284069 Mobile or Whatsapp 62-812-3814014 Email: infoBLRV@gmail.com
Are you tired of traditional investments such as banks and bonds that only offer 1%- 6% per year, which may not keep pace with the real inflation?
Do you want to become rich the way over 60 % of self-made multi-millionaires did?
“Become rich the way over 60 % of self-made multi-millionaires did?”
According to PT. B.A.L.I., one of Bali's leading real estate experts for the past 14 years, who have thousands of satisfied clients, this is the “Second best time to purchase Bali Real Estate this century”.
“Second best time to purchase Bali Real Estate this century”.
Coupled with the fact that Bali Real Estate has recently undergone the first correction in modern history with prices down as much as 50 % this may have set the stage for *increases of 20 % to 100 % in the next three to five years.
Free Bali Real Estate Seminar Video:
Whether you are a buyer, seller, broker, agent, investor, lessor or renter you can benefit from viewing PT. B.A.L.I’s latest Free Bali Real Estate Seminar Video filmed just a few months ago.
At this seminar PT. B.A.L. I’s Canadian President, a 23 yr. Bali resident, who is married to a fully Licenced Indonesian Notaris reviewed the most recent real estate laws for Indonesians and Foreigners in detail.
He also discussed the Past, Present, and Future of Bali Real Estate.
Click Here to view the latest Free Bali Real Estate Seminar Video
Free Seminar Topics:
During this Free Bali Seminar Video
you will learn about:
>The Past, Present and Future of Bali and Indonesian real estate.
>Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years.
> How to avoid legal problems and make sure a property is safe.
> How to avoid complicated real estate laws - Indonesians married to foreigners.
> Why this is the second-best time to buy this century.
> Where are the best locations to buy for maximum profits?
> What type of properties will offer the best potential of *10% to 20 % per year?
> Discover how you can sell your property fast for the highest prices and lowest commissions.
> An opportunity for a free listing on B.A.R.E.
> First Class Beachfront property at almost 50% discount.
> A Quality 5,000 m2 Bali Hotel with 12 bungalows, 3 pools, and Restaurant for only $588,000.
> Low-cost properties with Luxury Villas starting as low as $158,888 for a three-bedroom 650 m² 3-bedroom, 4 - bath with private 9 - meter. Pool in Sanur.
> Ridiculously low-priced ocean view building lots starting as low as $25,000 for 500 m².
> Brand New Bali Luxury Retirement Villas starting at $184,888.
Note from The Seminar Speaker:
Since many of you have busy schedules and are unable to attend our seminars we think you will find our latest Free Bali Real Estate Seminar Video provides an exceptional education that will help you understand Bali real estate laws and allow you to make some substantial profits from Bali real estate investment.
After living in Bali for 23 years and running a Development and Real Estate Company for the last 18 years plus the fact that I'm married to a full lead licensed Notaris I think you will find that everything that you need to know about Bali Real Estate is covered in this timely seminar.
So, what have you got to lose? It’s Free and very Educational.
Click Here to view the latest Free Bali Real Estate Seminar Video
Feel free to contact me directly for a free private consultation at my office in Sanur.
Lawrence B.M.B, Owner, President, Director
For a free one-hour legal consultation you may contact my Partner & Wife Azizah regarding anything from Indonesian Laws, Establishment of legal companies, securing proper visas, Marital contracts including prenuptial's post nuptial’s, etc.
Tel or Whatsapp +628113864993
Email: balinotarisazizah@gmail.com
About the Speaker Lawrence. Is the Owner, President and General Manager of 14-year-old Pt. Bali Affordable Lifestyles International (PT. B.A.L.I.). Doing Business as Best Asia Real Estate.
His spouse and partner Azizah, is a fully licensed Indonesian Notaris with a master’s degree in Indonesian Law specializing in real estate, corporate and Foreign Marital documentation.
Together they and their 100 + professional staff provide a one-stop professional, efficient location for Buying, Selling, Leasing and Renting Asian Real Estate.
They manage Best Asia Real Estate, PT. Bali Luxury Villas with rentals starting at $99 ++ per room per night & Bali Luxury Villa Sales Starting at $158,000, plus Bali Paradise Beach Estates rentals starting at $128.00 ++ per night and Estate sales starting at $350,000. plus Bali Luxury Retirement Villas starting at #198,888 . "Recipients Hall of Fame Award, awarded to only 2 % of the Hotels listed on TripAdvisor Worldwide"
They are a Ten-time Consecutive Certificate of Excellence recipient on the World's Largest Travel Site. This places them among the top 10 % of hotels and villas listed by Tripadvisor worldwide.
They are a Ten-time Consecutive Certificate of Excellence recipient on the World's Largest Travel Site. This places them among the top 10 % of hotels and villas listed by Tripadvisor worldwide.
Lawrence is also one of Asia’s best-known travel and real estate investment experts. They publish the daily Bali & World News & Views Blog which combined with Bali News and Views Blog has had almost 1,500,000 pageviews. They also publish the Best Asia Real Estate Blog, Facebook, and Twitter posts. He offers free real estate seminars throughout Asia every quarter. For Free Seminar schedule email to seminarsptbali@gmail.com
Head Office: Jl. Karangsari # 5, Sanur, Bali, Indonesia 80228 Tel. Office: 62-361-284069 Fax: 62-361-270143,
Mobile: or Whatsapp: English: 62-8123814014 Bahasa Indonesia: 62-8113864993 Email: lawrenceptbali@gmail.com Skype: baliagents
Post a Comment for "Only 66% of Baby Boomers Think They'll Have Enough Money in Retirement"