Perhaps You Won't Need a Retirement Job

So what is the new retirement with so many people expecting to have some sort of retirement job?

According to a recent study by the Pew Research Center, 77 percent of American employees include working for pay at a retirement career as part of their retirement plan.

Most of these American soon-to-be retired surveyed say they'll be working because they want to, not because they have to.

Don't count mentioning a retirement job in your retirement speech, however, or braggin about your great retirement job on your retirement T-shirts.

Pew, however, finds those statements out of step with the experiences of people who have already retired. Just 12 percent of the American retirees Pew surveyed say they are currently working either full or part time in a retirement job for pay. And according to the results of another survey cited by Pew, only 27 percent of current retirees have had any sort of retirement job doing anything for pay during their retirement.

What this means is that retirees or the soon-to-be retired who plan to have a retirement job should think again. Of course they create any one of many unreal retirement jobs. For instance, they can take up writing and self-publishing as I have done.

Perhap not as many people will need to work in retirement as think they will have to.

Currently, most American retirees don't have a lot of retirement income.

Here, according to the 2007 American Census, is the total retiree income for households age 65 and older in the U.S.:

• Under $5,000 (2.4 percent)
• $5,000 to $9,999 (7.7 percent)
• $10,000 to $14,999 (13.3 percent)
• $15,000 to $19,999 (11.4 percent)
• $20,000 to $24,999 (9.3 percent)
• $25,000 to $34,999 (15 percent)
• $35,000 to $49,999 (13.7 percent)
• $50,000 to $74,999 (11.9 percent)
• $75,000 to $99,999 (6 percent)
• $100,000 and over (9.3 percent)

Note: Don't forget to include your spouse in your retirement plan.

Here are a few quotes relating to retirement:

"It [retirement] was absolutely boring. You can't go and say, 'I'm retired now.
That's it!' It won't take long and you're really gone for good and someone throws the last shovel of dirt on a coffin with your name on it. That's the moment you're really retiring — when you die."
— Ozzy Osbourne

The Ideal Retirement Plan: "Marry an old rich broad and wait for her to die."
- Ivan Wilson (commenting on an online article about retirment.)

"I used to have dreams that I died at my desk.
Now that I've retired, I don't have those dreams anymore."
- Haselback (commenting on an online article about retirement.)

Ernie J. Zelinski
Best-Selling Author, Innovator, and Creativity Consultant
Author of How to Retire Happy, Wild, and Free
(Over 125,000 copies sold and published in 9 languages)
and The Joy of Not Working
(Over 250,000 copies sold and published in 17 languages)

It Is a Lot of Work Writing about Not Working

Tim Ferris, author of The 4-Hour Work Week, stole a line from me before I was about to think of it and use it in one of my books.

Tim writes, "The truth be told, it is a hell of a lot of work writing about not working."

The nerve of the guy!

As the author of The Joy of Not Working, I should have exlusive right to this line.

Perhaps I will have to sue him.

As Mark Twain once said, "I can’t do any more writing because I’m contemplating a gigantic lawsuit and looking around for a defendant."

Here are a few more quotes about writing by writers.

I you want to be a writer - stop talking about it and sit down and write!
- Jackie Collings

Write drunk; edit sober.
- Ernest Hemingway

I'm a lousy writer; a helluva lot of people have got lousy taste.
- Grace Metalious

When I had got my notes all written out I thought I'd polish it off in two summers, but it took me twenty-seven years.
- Arnold Toynbee

The three great essentials to achieving anything worthwhile are; first, hard work, second, stick-to-it-iveness, and third, common sense.
- Thomas Edison

Ernie Zelinski

Author of How to Retire Happy, Wild, and Free

(Over 125,000 copies sold and published in 9 languages.

No Retirement Income Is Not as Appealing as Dying

Would you rather run out of retirement income or die?

According to a recent survey by Allianz Life 61 percent of the 3,200 baby boomers and retirees (ages 44 to 75) said they feared outliving their retirement income more than they dreaded dying.

More than 90 percent of baby boomers feel the United States is facing a retirement crisis. Respondents indicated that they were aware that they may be contributing to that crisis by not saving enough so that they have an adequate retirement income:

It appears that few retirees have asked that important question: How Much Do I Need to Retire?

Most of the soon-to-be-retired said they don’t know how much retirement income they will require once they retire and they fear that they will outlive their retirement income.

The study, titled “Reclaiming the Future: Challenging Retirement Income Perceptions,” was conducted in May 2010 for Golden Valley-based Allianz.

Respondents also said they expect a lot from retirement — 79 percent said their retirement lifestyle must surpass their parents’. (In my opinion, these people are nuts - delusional, in fact.)

Survey results showed that the median annual retirement income retirees and the soon-to-be retired targeted is $59,000, but baby boomers’ savings are on track to provide only about $20,000 (one third of that retirement income that they would like).

Perhaps some of these retirees can take up writing and self-publishing books as one of many retirement jobs to pursue as I have done to provide me with a residual retirement income for many years.

This is an e-mail that I sent to one of my friends about how he can retire with a little more retirement income:

Hey Frank:

If you lose your job, you can move to B.C. to live with Jennifer, and sue your kids for support.

No doubt Jennifer would be proud of you having your own income in retirement.

Check out this article about parents suing their children for support.

http://lifestyle.ca.msn.com/family-parenting/moms-dads/rogers-article.aspx?cp-documentid=24682220

See, you are richer than me because I have no kids to sue.

And you know what that means if you sue your kids successfully.

More money for beer ! ! ! ! ! !

Ernie Z.

BP Should Have to Pay Big Time Regardless of the Consequences

This was part of a story on the Sripps News Service:

The $20 billion compensation fund for victims of the Gulf oil spill is not going over well in BP's homeland.

Britain's Daily Mail accused President Barack Obama of bullying BP into coughing up the money and said flatly it would come out of the pockets of the nation's retirees: "British pensioners will pick up the bill."

What could hurt is the company's decision, at Obama's behest, to cancel a previously declared dividend and suspend the remainder for the rest of the year. BP dividends account for about one-sixth of British pension funds' income.

That's unfortunate, but the spill is doing immediate economic harm to the people of four states who can't wait for the damages to be litigated in U.S. courts.

The British press has been hyper-vigilant for any American impugning of Britain in connection with the spill. Obama was accused of such when he referred to BP by its former name, changed in 1998, of British Petroleum.

This was reply to this story not including the retirement sayings that I added:

I am a Canadian.

The Canadian Pension Fund has money invested in BP, so my pension payouts may be affeded in some way if BP has to pay for large lawsuits.

But as far as I am concerned, it doesn't matter to me whether BP is sued for so much money that it has to go into bankruptcy and disappear as a company completely.

I believe that there are hundreds of millions of people in the U.S, Canada, and many other countries who feel the same way.

This comes down to a matter of responsibility.

BP is run by a bunch of arrogant and selfish executives who have screwed up big time.

Plain and simple, the company should have to pay big time, even if the company has to go into bankruptcy.

It doesn't matter whether British or Canadian retirees are affected. There pension funds took the risk in investing in this irresponsible company so that makes the people who run these pension funds just as irresponsible.

When British retirees say they will have to pick up the bill, this is just some more selfish thinking on their part and does not reflect any critical thinking on there part. That is why the world is so screwed up and we wind up with environmental disasters like the one that is happening in the Gulf of Mexico.

Again, the British retirees' pension funds took a risk in investing in BP and should have to suffer the consequences, regardless of how dire.

Ernie J. Zelinski, Creator of Retirement Quotes Website
Author of How to Retire Happy, Wild, and Free
(Over 125,000 copies sold and published in 9 languages)
and The Joy of Not Working
(Over 250,000 copies sold and published in 17 languages)

Unemployed and Spinning My Wheels

I received this e-mail today after updating my Retirement Quotes Website:

Subject: Spinning My Wheels

Dear Ernie,

Hello from Florida!

I discovered your great book - The Joy of Not Working - just a few weeks ago. What you have written has been encouragement to my heart.

I am unemployed. After 18 years with a company, I resigned after enduring a mandated 24x7 on call (no rotation or compensation time provided) during the past two years; I felt like I was being leased out to my family - exploited. I stressed and simply "burned out". I am 51. My father-in-law took my aside and let me know what a "dumb ass" thing I had done - leaving a job without having another one to go to. I let him know - with tears in my eyes - that if I could have hung in there any longer - I would have. I had been looking for other work, but nothing opened up. This was in the corporate IT infrastructure department. Surprisingly, the unemployment office accepted my reason; they did not receive any feedback from my ex-employer. TODAY I received a letter than my employer is appealing - so I have to participate in a telephone hearing on June 16th to try to continue receiving benefits. If not in my favor, they would attempt to recover the benefits received thus far (about $1000). What a mess. I just feel like crying. I am married and two of my sons Paul (16) and Joseph (19) are here with us at home.

I've been applying for work every day (and night); seriously considering self employment rather than continuing to wait in hopes someone will hire me. Rather make something happen, than wait for someone to maybe, maybe, please, please consider hiring me. I do not want to return to the corporate cube farm. I don't want to react/panic to my present situation and return to the same personal hell I had to leave.

I have a blog:

Nothing fancy. I've tried to monetize. No big hits. I love to write (some people have expressed enjoying my writings) and also to be of service to others. (I'm even taking a two week Certified Nursing Assistant prep course to see if something will open up!)

Please pardon my rambling ... I know you have been there and have received many messages from people just like me. I guess I really needed to reach out to someone who understands.

I enjoy visiting your site and always learn something there or on your facebook post.

I really DO want to follow in your footsteps and experience the Joy of NOT Working. I just feel stuck, spinning my wheels.

God Bless and all the best!

W. B.

This was my reply:

Hello W.B.:

First, I sympathize with your situation as being unemployed can be distressing.

I realize that there are many Americans and Canadians in your situation today.

I can't offer any work to you as I work by myself and usually outsource specific projects such as webdesign on Elance.com.

Regarding self-employment, this is not easy but it can be a great way to make a living for the right people.

But this takes committment and a willingness to live a simple lifestyle for a year to 5 or 10 years - although some people can start making money fairly quickly, particularly on the Internet.

You mention that you started a blog on Facebook and tried to monetize it.

In my opinion, a Facebook blog is not the way to make money.

According to the experts, Wordpress is the best way to start a blog.

There is still as much opportunity - probably more - today as there has ever been to make money on the Internet.

In fact, I am just starting and my goal is to make over one million dollars in the next few years.

But as John Reese, an Internet millionaire, says, "Your goal should first be to make one dollar, then $100, then $500 and so on." The problem with 98 percent of the people is they want to make a lot of money instantly and are not prepared to put in the required effort.

I will send you some e-books on Internet Marketing and writing.

Below is an e-mail that I recently got from a woman and my response to her.

Some of my advice may be helpful to you if you are considering being a writer and self-publishing.



Hello Helen:




First regarding self-publishing, I don't care about the stigma. Most of the people who run down self-publishing are unsuccessful writers who think of themselves as being so cool. But most of them are losers who are broke. I would rather be nerdy and rich than cool and broke.

Remember that my retirement book How to Retire Happy, Wild, and Free is self-published. This book has already sold over 120,000 copies and has been published in 8 foreign languages since it was released. The book has made over $400,000 in pretax profits for me.

Conduct a search for "retirement" or "retire" on www.Amazon.com and How to Retire Happy, Wild, and Free appears in the number 1 position. Better still, search for "retirement book" in Google and the Amazon page for How to Retire Happy appears in the number 1 spot — out of over 29 million webpages!

So why does my self-published book beat out all the other retirement books, including retirement books by AARP, the Wall Street Journal, and Ten Speed Press's What Color Is Your Parachute for Retirement? The answer is that my self-published book is better than all the other retirement books done by the major publishers. Results don't lie.

I intend to sell 500,000 copies of this book and I sure wouldn't be able to do this with the thinking patterns, beliefs, and behaviors of the "cool" writers who run down self-publishing.

Interestingly, I just read an article by some expert who claimed that in the near future the major publishers may be eliminated from the chain because authors will deal with the online retailers directly, particularly for e-books.

If you want to pursue self-publishing, check out these articles.

In the first article, pay particular attention to my comment in the comments section. My comment is the first one.

http://www.huffingtonpost.com/zetta-elliott/breaking-down-doors-my-se_b_473336.html




http://web.redroom.com/blog/ernie-j-zelinski/foreign-rights-how-i-have-arranged-101-book-deals-without-going-frankfurt-book




How to Get a Distributor for your self-published book

http://www.selfpublishingreview.com/blog/2009/01/12/how-to-get-book-distribution-for-a-self-published-book/



Check out all the articles on self-publishing here:

http://blog.writersdigest.com/norules/CategoryView,category,SelfPublishing.aspx



Here is a recent Writers Digest article relating to Self-Publishing

http://blog.writersdigest.com/norules/2009/11/25/The3SelfPublishingPathsYouShouldUnderstand.aspx



Here is a great article about book marketing and how a professional looking website (most people don't realize that ugly websites make a lot more money than professional-looking ones) is one of the last things on which you should focus.

http://www.fonerbooks.com/2010/01/what-is-book-marketing-anyway.html



You bring up the issue of e-books. At this time, I not a big fan of e-books. If you check out the competition for my How to Retire Happy, Wild, and Free, most retirement books are on Kindle and in many other e-book formats.

The only e-book format that you find for my retirement book is a PDF format of half the book that I give away for free.

I don't think that there are great profit margins in e-books right now.

I just came across an article the other day saying that the top 14 best-selling books for the Kindle on Amazon were the ones that were for free.

Having said that, if you want to put any of your books in e-book format, check out Smashwords at http://www.smashwords.com/.

Smashwords will put your books in all e-book formats including Kindle and you will even get more in Amazon royalties by going through Smashwords than going directly to Amazon.com.

I will forward an e-mail that I just sent to a woman who asked me about the opportunities for writing in this day and age.



So long for now,

Ernie J. Zelinski
The Creativity Guy Too Prosperous to Do Mornings
Best-Selling Author, Innovator, and Content Creator for Retirement Resources
Author of the Bestseller How to Retire Happy, Wild, and Free
(Over 120,000 copies sold and published in 9 languages)
and the International Bestseller The Joy of Not Working
(Over 240,000 copies sold and published in 17 languages)