The baby boomer generation is turning 60, but the prospect of retirement is looking more frightening than ever before. With home prices dropping, nest eggs cracking, 401(k) plans collapsing, Social Security dwindling and pensions vanishing, retirees are now facing challenges they never anticipated. Those challenges aside, retirement packs its own host of roadblocks for those who want to leave the workforce. The cost of living is often more than most people assume, and few workers are able to retire with as much savings as they need in order to live comfortably.
“Everybody thinks your expenses go down when you retire,” says Senior Director Rita Canney. “My expenses stayed pretty much the same.”
For the solution to those problems, many retirees, Rita included, are looking to the same source of residual income that Elizabeth Lindberg discovered nearly 25 years ago: Melaleuca.
A 66-year-old nurse, Elizabeth enrolled with Melaleuca, Inc., in December 1985, just a couple of months after the company opened its doors.
“When I enrolled with Melaleuca,” she remembers, “there were only eight products and seven employees.”
Over the years, she built her business to Executive Director, and, as a consequence of that hard work years ago, she’s earned $1,163,253.51 to date from her Melaleuca business. In fact, she’s earned $3,366 per month on average over the past 12 months—a refulgent income compared with her $828 Social Security check.
“I know I couldn’t survive solely on my Social Security; my Melaleuca check is a secure retirement,” she says. “I lived during the Great Depression, so I know about financial hardship. If people want financial security, Melaleuca, I truly believe, is one of the best sources.”
At Melaleuca’s 2005 Convention in Minneapolis, CEO Frank L. VanderSloot invited a then 88-year-old Executive Director Elizabeth Lindberg up to the stage. But once she came onstage, Elizabeth stole the show.
“I have something to give you, Frank,” she said. “It’s an acorn that you gave to me years ago. You told us, ‘Melaleuca is just a little acorn right now, but I have a vision that there will be a day when this acorn will grow into a great big oak tree.’
“Frank’s prediction has come true,” she says now. “Now, Melaleuca employs more than 2,800 employees, produces more than 350 products and is authorized to conduct business in 14 countries.” In the stories that follow, you’ll read how retirees are using that mighty Melaleuca oak tree to create fuller, happier lives and a greater sense of financial security.