The Allure of Network Marketing Residual Income vs Annuities
A lot of network marketing hype seems to center around the allure of making 5 and 6 figure monthly checks. And yes, there are people that do that.
While those income numbers make for great magazine articles and exciting presentations, the vast majority of network marketing professionals don’t see that level of income. And that’s ok.
The reality is that many many people can do quite well by creating a residual income of $3,000 to $5,000 per month.
What I mean by that is that these folks have built their network marketing businesses to a level that produces $3,000 to $5,000 in monthly income on an ongoing basis.
Annuities are another way to create ongoing monthly income. The challenge is that it takes a rather large sum of cash to be able to create such income through annuities.
As an example, let’s assume that you’re able to realize a 6.45% rate of return on various annuities. These days, that’s a remarkable achievement in and of itself. To generate a recurring monthly income of just $542 per month, you would need to have about $100,000 set aside in the right annuities.
To generate a monthly income of $3,000, you would need to have over $500,000 set aside.
To generate a monthly income of $5,000, you would need to have close to $1,000,000 set aside.
So when you think about it, building a network marketing income of $5,000 per month allows you to essentially live the same way someone could if they had close to $1,000,000 set aside in the right annuities.
This is one of the big reasons so many people are drawn to the lifestyle that can be afforded by putting a little bit of consistent work in to building their network marketing income.
If you are not one of those fortunate enough to be sitting on incredibly large sums of cash, consider the possibility of utilizing the network marketing model to create that same level of financial freedom for yourself.
Yes, Brian..I believe that Network Marketing can make ordinary people to build their fortune and freedom.
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