Everyone has to retire ... but how comfortable your lifestyle is once you retire is up to you. That means you need a plan - a plan to ensure that you and your loved ones are financially looked after when the big day comes.

Without the age pension, self-funded retirees will need between $750,000 and $1 million to survive adequately. Few Australians retire with this kind of money. Australian Financial Review 16/12/2004

Most retirees expect to receive the old age pension, but the likelihood of that being readily available seems to be going down year after year.

Therefore, the next option people are pursuing is that of ensuring that their nest egg will take care of them when they reach retirement age. It is never too late to save for your retirement - this is good news for the many of us who have not!

Some rely on employer or government managed superannuation funds or others manage their own future by way of self-managed super funds (SMSF). The harsh reality is those who rely solely on the superannuation guarantee charge to build their retirement nest egg will probably struggle.

What you should also be considering is one of the key success traits of the wealthy - generating multiple sources of income so as to not “put all your eggs in the one basket”.

Share trading is an option that is growing in popularity for more and more retirees as they seek to enhance their financial stability once their normal working career has finished.

For more information on how to trade for retirement and plan for success attend HomeTrader’s FREE Intro Seminar.

Getting an Education

In thinking about a retirement plan you could consider a share trading education that will allow you to do two things:

1. Learn how to make above average returns on your nest egg
2. Continue to be able to earn an income after you retire, trading the stock market part time

Many HomeTrader members are planning for their retirement – and looking perhaps to retire earlier than previously thought! Our members are able make above average returns through the trading strategies developed at HomeTrader.

Education is the best provision for old age. Aristotle

Implementing a System

To trade shares in the stock market successfully you need a strategy. This strategy is known as a share trading system. The trading system is a set of rules that tells you what to do no matter the market circumstances.

Your trading system forces you to make decisions based on proven market patterns - rather than emotions - and this forces you to profit.

A share trading system is made of 5 components:

1. Style - Definition of share trading objective;
2. Entry - Conditions required to enter share trade;
3. Risk - Rules to limit losses;
4. Exit - Rules to define share exit points ; and
5. Testing - Proving the share trading strategy by testing it before you trade with REAL money, to make sure it makes the returns you wanted.

At HomeTrader we will show you how to develop a successful trading strategy.

Case Studies

In July 2006, Phil and Bron Ackland’s family business was destroyed by fire and they were faced with the difficult decision to rebuild their business or retire. Fortunately, their successful share trading strategy provided them with the option to retire while still in their fifties..... Click here to read more.

In 2007, when 32 year old Robert Benkovic, an oil and gas engineer reflected on the past 5 years of his life he describes the experience as phenomenal. Since learning how to design his own mechanical share trading systems his trading success has gone through the roof. In 2006 he doubled his money trading shares. If this success rate continues it’s likely retirement could be closer around the corner than he ever thought possible. Click here to read more.

These testimonials have been provided to us by individual members. All testimonials are provided voluntarily, without payment, inducement or other benefits and are from genuine HomeTrader members.

It’s not rocket science – you can do it too!

The people that we have taught are everyday Australians who did not want to struggle with their finances after they retire. They put in the time and effort to educate themselves on how to successfully buy and sell on the stock market.

Some members have even given up full-time employment and trade as their main source of income. Others trade a few hours a day, or just a few hours a week, yet enjoy substantial financial reward. Doesn't this equate to being retired?

The key is good planning. We can offer an excellent part-time education to make sure you understand what to do when it comes to making money in the stock market.

Do not rely on other people to look after your hard earned money.

Pitfalls to Avoid

If you choose to enter the stock market without a plan, these are some of the pitfalls you may encounter:

• Choosing share investments that just don't make money.
• Choosing shares based on gut feeling, rumours, red hot tips or simply just taking a punt.
• Being at the mercy of investment advisers who will earn a fee whether you succeed or fail.
• Choosing from a limited range of products because you do not have all of the information.
• Spending a lifetime studying information on companies to see if it will tell you what to buy and when.
• Having an approach you just cannot test.
• Risking and losing your nest egg.

Come along to a HomeTrader’s FREE Intro Seminar at a training centre in your city and find out more.