Home
>
Personal Finance
>
Make or Break Your Retirement!

Make or Break Your Retirement!

The Prudential has dubbed those who refuse to leave home as "kippers" or "kids in parents' pockets eroding retirement savings". Recent research concludes 6.8m over-18s live with their parents. Less than half pay rent, and many parents provide cash to spend.

Does this scenario sound familiar?

'As a parent you've spent over 20 years diligently caring for and raising your children. Financially supporting them and ensuring they receive the best education possible. They've attended University, graduated with a respectable degree and are ready to set up their own home. You're now looking forward to more free time with less financial obligations. BUT, due to no fault of yours, your well educated, talented, highly motivated offspring cannot afford to leave home for possibly another 5, 10 or even 15 years.'

This is a reality for many parents right now! A recent survey for BBC2's Money Programme (http://news.bbc.co.uk/1/hi/business/4075536.stm) found that high property prices and debts often prevent offspring leaving home well into their twenties and thirties. Further research, by independent market analyst Datamonitor, found that 67% of 18-24 year olds across Europe still relied on their parents for housing in 2004. In fact, one in seven parents with adult children have remortgaged or taken out a loan in an attempt to help them. Couple this with an ageing population, widespread concerns about retirement pensions and the long gone days of a 'job for life', it's undeniable that without taking positive action many parents and their children face uncertain financial futures.

However, these challenges create many new opportunities for parents to help their children find a path to financial security, personal growth and prosperity. Tiscali Plc, a leading European Telecommunications company is doing exactly that through Tiscali Network (http://www.tiscali-corp.co.uk). Tiscali provide aggressively priced ultra highquality telephone, broadband and mobile phone services. Tiscali Network provides thousands of people the opportunity to market and sell these products with the very minimum of investment. Through collecting a few customers and building a network of people to do the same these students, graduates, professionals, parents from all walks of life generate substantial part-time, full-time incomes and building solid residual income streams to support them in the future. In many cases, Tiscali Network provides incomes well in excess of those obtainable in traditional employment and more importantly incomes available to students or new graduates.

Tiscali stake a major part of their future with Tiscali Network (http://www.tiscali-corp.co.uk) which generates over 12% of their UK revenue grown from zero in just two years. Providing one of industries cheapest customer acquisition costs only adds to the longevity of this route to market. Coupled with a recent doubling in Tiscalis' brand awareness and the fact they pick up close to six in ten new UK broadband connections; anyone involved in Tiscali Network (http://www.tiscali-corp.co.uk) holds confidence in their financial future.

Emerging opportunities like this are driven by our changing economic, social, demographic and technological environment. Embracing these changes, educating ourselves and our children and being prepared to explore new opportunities may ultimately be the only way to secure their future.

Taking action and investigating opportunities such as Tiscali Network (http://www.tiscali-corp.co.uk) was once a task for the few. Now more than ever, it is becoming a necessity and for many parents, perhaps even a responsibility.

============================================================

6.8m over-18s live with their parents. Take action to stop your retirement fund eroding. Click here =>http://www.tiscali-corp.co.uk

** Attn Ezine editors / Site Owners **
Feel free to reprint this article in its entirety in your ezine or on your site so long as you leave all links in place, do not modify the content and include our resource box as above.

Henry Baker is a young entrepreneur, sales and marketing professional. Owner of several successful e-businesses Henry's writing comes direct from a passion for marketing, technology and understanding of finance.

Brownsville wedding limousine .. Lockport Chicago limo O’Hare

In The News:

You can reset your internet router remotely if you're not home when your power goes out. Kurt "CyberGuy" Knutsson explains how this can be done.

The EO Canopy is a self-sustaining, solar-powered camping platform designed to provide all the comforts of home while completely off the grid.

Experts say hackers who used to focus on Windows operating systems are increasingly targeting Apple IDs as part of a new phishing campaign.

Unitree, a Chinese robotics company that developed a backflipping robot, has now introduced a humanoid robot capable of doing a side flip.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

According to the FBI, cybercriminals are sending extortion letters, threatening to release victims' sensitive information unless a ransom is paid.

FireSat is a satellite project designed to detect and track wildfires early, aiming to detect a fire that's the size of a classroom within 20 minutes.

Tech expert Kurt “CyberGuy" Knutsson reports that researchers have uncovered a Chrome vulnerability used in a cyber espionage campaign.

Preserving voicemails securely on Android: Tech expert Kurt “CyberGuy" Knutsson reveals easy methods to keep memories alive forever.

This phishing kit bypasses 2FA via session hijacking and real-time credential theft. Kurt “CyberGuy" Knutsson offers four ways to stay safe from Astaroth phishing attacks.

Tech expert Kurt “CyberGuy" Knutsson discusses Joby Aviation and Virgin Atlantic planning to launch 200-mph U.K. air taxis linking airports and cities.

Fake Apple virus warnings, security alerts and messages are tactics used to prompt you to call a number or click on a malicious link. The CyberGuy explains how to protect your devices.

The combination of artificial intelligence and neuroscience allows a paralyzed man to manipulate a robotic arm by using his brain to imagine movements.

With the help of artificial intelligence, sophisticated fraud techniques emerging today are virtually undetectable to the untrained eye.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents

If you need to free up space on your Mac, consider deleting duplicate photos in your image library. Apple makes it easy to do, and the CyberGuy explains the process.

Microsoft is discontinuing Skype in May after 22 years of service. Kurt the CyberGuy addresses other options for internet-based phone and video service.

Tron 1, a Chinese company's two-legged robot, is versatile and can walk, roll and pivot, even on rough terrain. Tron 1 stands 33 inches tall and weighs 44 pounds.

Hackers are tricking people into installing password-stealing malware by making them press keyboard shortcuts under the pretense of proving they're not bots.

Saving the voices of loved ones can be a comforting way to keep alive memories. Kurt "the CyberGuy" Knutsson explains how to preserve voicemail messages.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The FBI warns that some free online document converters load malware onto people's computers, making their private information vulnerable to attack.

Toyota's compact electric FT-Me is designed to tackle challenges of city living while offering an accessible and eco-friendly transportation solution.

Kurt “CyberGuy" Knutsson says 23andMe's bankruptcy raises data privacy fears: Opt out, download and delete data now.

UBTech and Zeekr unite with AI robot swarms to make car manufacturing faster and smarter. Tech expert Kurt “CyberGuy" Knutsson explains how the process works.

Make or Break Your Retirement!

Personal Finance