by Carlos C. Johnson III, President/CEO of GoldCorp Financial Group

Are you a Baby Boomer and approaching retirement? If so, you may be a little nervous about the way the government is managing your hard-earned money that is supposed to be your "Social Security" income. If you've received your yearly statement from the Social Security Administration Office of the estimated payout when you retire, it might have been a little scary. You're concerned that you may have to continue working in your golden years, when you should be able to enjoy them.

Millions of people who have had to dip into their 401K accounts and other types of retirement savings are looking for ways to rebuild their retirement funds so they will be able to maintain their current lifestyle, or even improve it. This morning I listened to this "Financial Expert" on the radio who said that if people in their middle-age years (40 - 55) could rid themselves of their mortgage, they could manage to live off of their retirement or Social Security income. They can either downsize to a much less expensive home or just continue to live in their home with only the basic utilities and food to pay for. This is great if one can accomplish this, but with the given economy and the housing market, I'm not sure how realistic this would be for most people.

There is a way to rebuild your retirement income by using the method of compounding money. This is something that people have been doing for over a hundred years. One way this is done is to locate investment objects that are 40-70% below true market value and reinvesting your capital back into purchasing additional investment objects at a higher price range maintaining the same intrinsic value. You should repeat this process until you are where you want to be financially.

Here's An Example

You have $500 and you come across a bulk wholesaler who has 100 units of a specific item that has a retail value of $2500. You purchase the bulk for 5.00 dollars per unit. You connect with buyers that are interested in purchasing the items and you sell to the highest bidder for 25 dollars per unit and collect the $2500. You deduct your investment of $500 which leaves you with a $2,000 profit. You have made a 400% Return On Investment (ROI). The next step is to find another investment opportunity that can earn the same type of return using the $2,000 capital gain you made from your last investment.

The internet is a magnificent tool to search for deals quickly. You can secure your buyer often before you have even paid for your investment object. The transaction can be made without you ever having to accept the inventory by having it drop shipped directly to your buyer. If you conduct a search of liquidations and wholesalers online, you will find tons of great deals you can choose from. Additionally, there are companies that put buyers and sellers together for a small fee.

Now that you have an idea of what you can do to build your retirement funds into a nice little nest egg, why not get started today? This method will grow your money a lot faster than it will sitting in a low interest-bearing savings account or CD. Let me just say, if you are greeting people as they come in the door with these words "Welcome to Wal-Mart", I hope it is because you want to, not because you have to!

Here's To A Happy Retirement!