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Are You At The Employment Dependency Crossroad™?
Dangers
If you are like most people who are at The Employment Dependency Crossroad™, your mind begins to race to all of the possible dangers you face as you try to make this transition, like running out of money and becoming dependent on your children… or your inability to manage your affairs as you get older and your health deteriorates… or even just your lack of confidence in your knowledge about investments or tax laws.
Opportunities
Yet, at the same time, there is also a real sense of excitement at the opportunity to finally do what you've always wanted to do, and just relax without worrying about work or money.
Strengths
You've worked and prepared your entire life. In addition to paying mortgages and putting your kids through school, you've accumulated money through savings and investments, IRAs, 401(k)s, 403(b)s, and profit sharing plans. You've got a pension and social security to look forward to. You might even have income from rental property.
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