Marco Robinson is a firm believer in the adage “Age is Not a Number, It is a State of Mind.” For millions of Americans approaching retirement age, that state of mind is panic. Thoughts of lost opportunities or past regrets have many seniors believing the best is behind them. These feelings often contribute to the feelings of depression or regret.
Statistics back up the sense of loss or hopelessness felt by many entering their “golden years.” According to the National Institute of Mental Health (NIMH), “in any given year, between 1 and 2 percent of people over age 65 suffers from major depression.” Additionally, recent NIMH studies show that 13 to 27 percent of older adults have subclinical depressions that do not meet the diagnostic criteria for major depression.
Bestselling author and award winning entrepreneur Marco Robinson understands the toll regret can take on individuals. But he also believes age is not a barrier -- it can be the gateway to an exciting second chapter in life. “Age, education, and employment are artificial cages that can be broken through to achieve financial freedom.”
Age Need Not Bar You From Achieving Financial Freedom According to Marco Robinson
Much of the regret and feeling of depression resides in not achieving the financial goals individuals set for themselves earlier in life. A report from retirement-security expert Teresa Ghilarducci at the New School of Social Research in New York lays out some cold facts. "There are 39 million of us in that age group (44-55)," she says. "We have a 49% chance of being poor at 65, which means the risk goes way up when we are 70, 75 or 80."
The last time the U.S. saw old-age poverty this severe was before the Great Depression. Marco Robinson feels this doesn’t have to be the future. His belief comes from personal experience. “If I can break free and achieve the financial freedom lifestyle, so can you, regardless of age.”
There are many sites that back up Marco Robinson’s contention that age does not have to be a barrier to financial freedom and the lifestyle that goes with it. The website Senior Works profiles experienced entrepreneurs who have refused to get older but instead strive to get better. Their stories provide an inspirational boost for seniors or people who feel left out by their barriers.
Regret to Rejuvenation
“You can let go of your regrets and move into a bright, stimulating, and passionate future – it’s never too late,” says Robinson. “The key is to find a passion that will rejuvenate your soul and replace the feelings of regret with ones of purpose.” As American writer and activist Betty Friedan said, "Aging is not lost youth, but a new stage of opportunity and strength." This applies to all aspects of aging, from health to wealth.
The key is to find your passion. Marco Robinson has a passion to help people discover the joy of financial freedom. His background is filled with both success and failure. Starting from humble beginnings, Robinson has created a mini empire based on his proven principles of wealth creation. “For a person who has worked their entire life the realization those efforts have not resulted in the lifestyle they wanted is depressing.”
The Retirement Dream
The reality of retirement is not pretty. A report by the Economic Policy Institute reveals that “Nearly half (48.0 percent) of the elderly population in the United States is “economically vulnerable,” defined as having an income that is less than two times the supplemental poverty threshold.” The dream of a financially secure retirement is becoming a nightmare for many.
The negative effects of living the retirement years in poverty are well documented. Besides reducing quality of life, having limited financial resources plays a major part in chronic health problems and early death. A report titled Medicare, Medicaid, and the Elderly Poor states, “poor health status, multiple chronic conditions, and functional limitations are all more prevalent among the low income elderly population than among those with higher incomes.”
No wonder the rates of depression and regret are higher in older citizens. The feeling of life passing them by is compounded by the reality of a substandard retirement.
Getting older can be the kick-start to finding financial freedom. “Fear can be a great motivator,” he points out. “The fear of retiring in poverty is often the catalyst to put individuals on the path to financial freedom.”
This is why professionals like Robinson are so ardent about helping people turn that fear into freedom. He believes individuals can continue to pursue their passions, solidify their financial freedom, and achieve their dreams, no matter how old they are. “The first step, asking for help, is often the most difficult. Many older people think they have no future and I’m here to tell them the best is yet to come,” says Marco Robinson.