A New Model for Financial Security for Retirement

The purpose of this article is to provide information regarding an alternative means for achieving personal success and financial security in today's world, where the price of almost all basic consumable goods rises considerably faster than the average income, and to review the unique approach to financial independence found in the e-book, The Quality Life Plan: 7 Steps to Uncommon Financial Security.

Traditional financial planning activity has centered around an "accumulation" model, preparing for future events in life, putting affairs in order to take care of family members down-the-road, and particularly building a retirement nest egg by amassing lots of money. The experts tell us that this is accomplished through a variety of saving and investing activities, as well as company pensions and government programs like social security. But the fundamental factors which once allowed this traditional approach to work for most people have already changed, and are continuing to do so rapidly. Pension plans are quickly going by the wayside, savings rates are still very low, and equity markets have been unpredictable. Some investors have found an approach to carry on with decent annual gains, but in general the success of many typical investments, as experienced in the period from 2000 to 2005, are more doubtful. It is clearly an uncomfortable situation for people in their middle-age and beyond, looking forward to a comfortable retirement, yet unable to save enough for even modest goals to be reached.