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Baby Boomers Create Passive Income

By Florence Turner

Courtesy of some creative thinking, today practically anyone including the ever-growing baby boomers can generate passive income to add on to their wealth so that post-retirement years are spent in peach and happiness.

Let us face it, the social security system has failed to fulfil the security needs of the people and what was originally made as a safety net, has been fond to carry a lot of gaps.

people have finally come to realized that even if you dedicate your life working for a company, the pension/retirement benefits that you will get are more likely not to give you the value that you need especially when the need arises and you put it to use.

I know of once such firm who closed their U.S. operations and left 20 and 30 year workers retiring on less than 30 percent of what their retirement should have been worth.

This account is not something that we've never heard about since it is now becoming a critical issue gaining a lot of attention seeing that the retirement of the baby boomers are getting closer.

While we were used to hearing and believing that benefits and privileges will be surely given to us, the truth is in reality far from it.

I have a friend who after spending 30 years of his working life with a single company is now getting a retirement monthly check of 30 bucks.

The truth is, he is more likely to end up working again even after his retirement - however, we all know for a fact that this has been a trend for so many people already.

Evidently, there are a lot of individuals who are having extra jobs to add up to their savings for their retirement income.

Many such people turned to the web based for business opportunities only to find that the place is full of failure stories primarily because the Internet based business is mostly based on distributorship modules with no real customers buying any product.

This business is all about one marketer selling to another marketer who is perpetually scanning through companies looking for the next get-rich formula which never worked and this has been the thumb rule of this game till date.

This is where Thomas Prendergast Chief Executive Officer of Inetekk and founder of Veretekk come in who has made a name for himself by holding the hand of the average guy like you and me, to start a home business Internet based.

In a recent interview Prendergast spoke about how most online businesses use the distributor model and although it may grow for a while that it stumbles and fails in the long run.

It is not uncommon to find hordes of individuals making unwise investment decisions for Internet based business enterprises which they try to run, unable to build a viable and meaningful customer base and end up wasting thousands of bucks on overused lists and leads.

Does investing your time, effort and money to customers who are already familiar and comfortable to your company as well as current buyers and users of your products something that you don't want to consider?

Can you believe in creating a whole lot of passive income without having to hire people, without putting any selling effort and there is no-one to reject your offers?

For you "baby boomers" thinking that this is only a dream, then wake yourselves up as this is the reality of good business knocking at your door.

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