When preparing for your retirement in SFI, you have to evaluate your retirement needs.
1. Do I still want to receive money from SFI when I retire from it? If the answer is yes, then you need to be sure that you have at least 3-5 active PSA's. It would be to your advantage if one or two of your PSA's are family members, such as your children, who also have an interest in keeping your retirement income strong. Family members are more apt to stay with the program, especially if you transfer some active PSA members to them. You will still receive a percentage of money from the SFI downline, while helping to build their business.This just transfers the daily work from you to them.
2. When is immediately; make retirement one of your goals. That way you will be keeping in mind this need. Decide what you want to spend your SFI money on for your retirement. For instance some of these retirement goals might be - Paying off your home, accumulating a years income in some form of retirement program, planning for trips, planning for how you want to live.
3. How you prepare is to evaluate your current position. How much money do you currently have set aside for your retirement? What is your health situation, what will you need in the future to maintain your health, what do you enjoy doing that will help you fill your time in retirement, and how does my family fit into my retirement plans.
4. Look at what you are getting from SFI. For instance - Do I enjoy the SFI program, do I have SFI members that I enjoy, does SFI still give me something of value, and does SFI make my life fuller, more enjoyable.
SFi is structured so that you can continue it throughout your life. As you grow older, you can work SFI if you are homebound, unable to get out of bed, or any other circumstance you find yourself in because of your age and circumstances. If you are still active, you can continue to be an SFI member doing very little every day as long as you keep up your SO. This makes it possible for you to be an active member when you are at home or away. If you don't want to log in daily just put yourself on vacation, and when you want to check in maybe for a day or two, take yourself off of vacation. There is no reason to retire unless you want to.
I retired formally from my career of 35 years in 1987. I have been retired now almost as long as I worked as a teacher/social worker. Since then I have worked at many jobs. 10 years with Radio Shack, 5 years as a Senior Companion (volunteer), 4 years now as a Foster Grandparent (volunteer) and in between I worked 5 years as customer service representative because my daughter earned more money if I worked there too. I also substitute taught in between jobs. I have been with SFI for almost 5 years doing Foster Grandparenting for 15 hours a week, (love working with children, they keep me active and healthy), while working SFI. I also take care of my husband who has macro degeneration, and too many other health problems to list here, and do all of my own housework and cooking.
Filling time constructively in retirement is something you have to plan for, or the days get long and drag. SFI is my outlet to the world, it keeps my mind active and involved in something constructive. I wake up at 4:30 AM almost every day. SFI is something I can do when my husband sleeps. I watch some TV, but I am no long able to track and follow movies.
Retirement is just like anything else in life, you do need to plan for it. Just as children need to plan for their education and think about what they are going to do in life, when you are in your early earning and later working years, you need to begin planning for retirement. What will you do for an income? What ill you do to fill your time? These are two very important questions to consider.
Therefore, I suggest that you never retire from SFI.
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When preparing for your retirement in SFI, you have to evaluate your retirement needs.
1. Do I still want to receive money from SFI when I retire from it? If the answer is yes, then you need to be sure that you have at least 3-5 active PSA's. It would be to your advantage if one or two of your PSA's are family members, such as your children, who also have an interest in keeping your retirement income strong. Family members are more apt to stay with the program, especially if you transfer
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