Don't laugh, but a searcher came to my blog looking for the answer to the question "does Amway have a retirement plan?"
OK. I'm going to laugh. It's amusing to think that some obtuse cretin truly believes Amway provides a retirement plan! I'm not sure if that is referring to Amway workers or Amway Independent Business Owners (IBOs), which are essentially the same thing. The fact is that they are all (mis)representing Amway in some way. In addition, neither has a retirement plan in place.
I received information from an Amway employee who had worked for the company's headquarters in Michigan for many years. There is no retirement or pension plan. They're also really resentful of it, which is entirely understandable. Amway bots are writing comments on my site claiming how the company did $10 billion in business last year, which I find amusing. Normally, you'd expect a corporation of this size to provide for the needs of its employees. I've worked for firms that were nowhere near that size, and we all received a pension or had the chance to contribute to a 401k, stock options, or something similar. The vast majority of large corporations that treat their employees poorly do not provide retirement plans, or if they do, just to a small number of people. There's nothing quite like instilling disdain in the workplace!
Amway knows no bounds when it comes to success! It breeds contempt throughout the entire world!
It's time to stop harping on how Amway treats its employees like a piece of trash. Taking the “does Amway have a retirement plan” notion in the opposite direction and applying it to the phoney ass business owners that identify to themselves as Independent Business Owners (IBO's).
If there is a retirement plan in the traditional sense, in which the individual and/or the company make regular contributions to some form of retirement savings, then I am completely unaware of it and have no knowledge of it. For the sake of argument, I will assert that such an Amway programme does not exist because our sack of sh*t Platinum would have boasted about it to the world if such a thing existed.
The Amway retirement programme is something that independent business owners (IBOs) must develop on their own. How? Well, by attending Amway meetings for the next 2 to 5 years, spending at least $300/month on shitty overpriced Amway products, attending every Amway meeting, attending every out-of-town Amway function, spending hours dealing with your Amway upline, subscribing to Communikate and WWDB premier membership (which together cost close to $100/month), and so on. And so forth. And someday between those 2 to 5 years, the IBO will be compensated by Amway, which will give them billions of dollars every month for the rest of their life in the form of residual income for the rest of their lives. Easy! Being paid simply for showing up and purchasing Amway products and tools is an excellent feeling. Amway's retirement plan, in a nutshell, according to all of the jerks in our upline, is as follows:
In order to spend all of this money on the Amway scam, it appears that the IBO is contributing to the retirement fund of the person who controls Amway and the Diamonds who sit atop the pyramid. That's where the money is going to go! It rises as a cascade. No, I'm not going down.
The most effective Amway retirement strategy is to leave the company. I calculated that it costs between $500 and $700 a month to be an Amway Independent Business Owner (IBO). Possibly even higher for some people who get carried away purchasing Amway products and gadgets to impress their upline, which only lasts as long as there is room on their credit card in the first place. If you have an extra $500 each month, put it into some sort of retirement savings account. That money might be used to make a down payment on a condo or house that will be rented out in the future. There's monthly residual revenue right there, and when the time is perfect, you can sell it for a profit on the side. Alternatively, $500/month could be put to work in the stock market. There are a plethora of opportunities where one can put an extra $500 or more every month to good use. And it almost certainly implies having money set aside for retirement, whether in the form of dividends, rent payments, or the sale of stock.
Simply put, the longer time you spend trapped inside the Amway pyramid scam, wasting your money in the hands of the great Amway gods, the less money you have to devote towards your retirement goals.
When you're in Amway, you have to spend all of your spare income on Amway items or on the Amway tool fraud, otherwise you'll go broke. There is no extra money available to contribute to retirement savings.
Keep your head on your shoulders. Quit Amway and start putting money into your own retirement plan instead of contributing to the wealth of Amway's oligarchs.
THERE IS NO RETIREMENT PLAN!!!!!!!!!!!!!!!!!!!!!!!!
Continue to work with Amway and you will be broke by the time you are ready to retire.
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