SUPPLEMENT YOUR RETIREMENT INCOME (SOCIAL SECURITY, PENSION, SAVINGS) WITH JUNK MAIL…IT’S THE AMERICAN WAY

Our American way of life dates back to the 17th century, and is based on individual rights including life, liberty and the pursuit of happiness. The one thing that separates one person from another is a unique personality that comprises habits and lifestyle characteristics. The given, and legal, way we differentiate between the population is with names and personal data. No one could experience the American Dream without them but alas, we have sorely lost control over this most precious of possessions. And this is where the story begins today on how to help solve a bleak retirement outlook.

That is the subject of a recent article on MSN’s Money Central. With only a few Americans contributing to their retirement accounts—and in small amounts when they do—the article determines that the outlook is definitely bleak. Only 14% gave to themselves in 2006. In another discouraging statistic, just 60 percent of workers between 21 and 64 (58 million) work for companies that have retirement plans. The outcome is that half of all working Americans do not have the means to live comfortably when their ability to perform in the marketplace is over. Washington: we have a problem.

Before the total picture became so dismal, I blogged on this several times suggesting how those that depended on Social Security could supplement their income with junk mail. Today it has become a necessity for all. To understand the predicament, it has been estimated that a 65-year-old couple retiring in 2007 would require $215,000 just for medical expenses over 20 years, not including the unreal costs of nursing homes, assisted-living facilities or home health care. And it is sure to get worse.

Today if you retire, nearly 40 percent of your receive your income from Social security, just over 19 percent from pensions and annuities. Then there are 23.7 percent who get it from earnings, 15.4 percent from assets like IRAs. But in low income households, 87.6 percent of their retirement comes from Social Security. As the article suggests, if you are in that group that has hesitated to plan for the future, now might be the time to change your habits.

So even if you can look forward to some retirement income, chances are that it won’t be enough, and it will have to be supplemented. So how do you do that? I just happen to have an answer. You can add to what you will have available in retirement using your junk mail purchases. If you are still in your teens, you could have an additional monthly income averaging $607 monthly. Nothing to do but shop through junk mail, and have a portion of the revenue made from selling your name and personal data put away for you to tap at age 65. To learn how this is done, see the posts here, here and here.

Basically, it involves placing one-half of the $4 billion made each year from the sale of consumers’ names and private information. Why not? Without you, and millions of others like you, the junk mail list industry would have nothing to sell. Place this money in an interest-bearing account and at maturity it could amount to an average $607 each month for the individual. The latter is figured at simple interest, and with more aggressive methods of investing, could be much higher.

What could be simpler?