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Depending on what news source you rely on, it’s pretty much the general consensus that most American’s have NOT saved enough money for retirement.  Or, they don’t truly understand the definition and implications of two easy words:  “FIXED INCOME!”  One thing that is certain in FIXED INCOME, is the word … FIXED.  It does not go up or down — it pretty much is riding a flat line.  But how far will your retirement money go when the utility companies continue to stretch your budget with annual price increases?  Most homeowners don’t realize that they will spend approximately two years of their annual income* during the past 20-years just to flip on a light switch.  That’s a FACT!  (* = based on making $100,000 a year; a $200 average bill and a 10% annual increase).

So … if your $200 bill rises to $220 in your first year of retirement, and grows to $242 in year two; and moves up to $266 in year three, and is $293 in year-four — how are your going to make ends meet on a FIXED INCOME?  In year 10 of that same scenario, your $200 bill will be $519 or higher, depending on the latest world event and the perpetual energy crisis that we live in.  It’s going to be hard to find the GOLDEN … in GOLDEN YEARS!

But as couples prepare for retirement, they should strongly consider adding solar to their homes.  It’s literally the only way to offset what the utility companies are doing to you on a monthly basis — short of reverting back to living like a caveman.  With solar, your electricity costs are fixed for the duration and you can spend your Golden Years on cruise ships, golfing, and spoiling your grandchildren.  That’s a much better alternative than sitting at home wondering how you are going to make ends meet!  Hope you agree!

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  1. UTM August 15, 2014 at 6:26 am #

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