Editor’s Note: Worried about retirement?

In today’s guest article, Oxford Club Chief Investment Strategist Alexander Green explains the importance of maximizing your income to save for a comfortable retirement tomorrow.

And if you’re looking for a real potential game changer…

You have to check out this video from Alex.

In it, he details a stock that trades at an extremely compelling price that he believes is the next retirement maker.

Alex’s Single-Stock Retirement Play could be the first step to unlocking a richer future.

Go here to see Alex’s breakthrough now.

– Ryan Fitzwater, Publisher

There’s one basic truism when it comes to growing your net worth: There can be no significant investment without savings.

How do you save more? By maximizing your income and living beneath your means.

Spending decisions are highly personal, of course.

No one knows more than you do about the needless waste or excess in your budget.

These decisions aren’t easy but are an essential first step in the lifelong process of investing and compounding your money.

However, you can reduce the pressure to cut costs by maximizing your income.

So let’s spend a moment talking about that…

In today’s knowledge-based economy, your earned income is generally decided by nine personalized factors:

1. Educational attainment or specialized skills
2. Chosen profession (and specialization)
3. Years of experience
4. Hours worked
5. Work ethic
6. Social skills
7. Competence and proficiency
8. Ability to cooperate with, inspire and lead your co-workers
9. Ambition to rise in the organization.

The lesson should be obvious.

If you want to earn more, make yourself indispensable to someone.

Yes, some people are born with greater genetic gifts than others.

You and I were not born with the looks of Cary Grant, the athleticism of LeBron James or the intellect of Sir Isaac Newton.

Nature deals some people better hands than others.

Yet we each benefit from playing the one we’re dealt the best we can.

From an economic standpoint, that means attaining education or marketable skills, showing competence, reliability and integrity at work, and doing whatever is required to advance in an organization.

(Or seeking out other employers who do offer that opportunity.)

This is about way more than money…

Life is far more enjoyable when you have challenging work that brings out the best in you.

Indeed, polls show that high net worth individuals describe their greatest life satisfaction as “a feeling of earned success.”

Aside from your personal development and self-actualization, generating a higher income allows you to save more without living like a miser or passing up everyday luxuries like dining out or traveling to new and interesting places.

(Or assisting friends and family members who might need a helping hand.)

The Next Step on Your Journey to Wealth

There has rarely been a better time to get started.

The U.S. economy – a marvel of innovation, growth and opportunity – is on the cusp of a boom. Stocks are already in bull market territory.

The Labor Department reports that U.S. employers have more job openings than there are unemployed Americans.

Businesses nationwide want smart, ethical and self-motivated employees – regardless of race, gender or sexual orientation – who are willing to learn and eager to take on responsibilities.

If you’re in the workforce today, you want to fit that description.

You’ll enjoy a higher income and standard of living today – and ensure a more comfortable retirement tomorrow.

YOUR ACTION PLAN

With so many stocks entering bull market territory, I recently uncovered a $4 play that not 1 in 50,000 regular investors knows about. This $4 stock could help you achieve the kind of carefree retirement most people dream about.

Click here for details on my Single-Stock Retirement Play.

Good investing,

Alex

MONDAY MARKET MINUTE

• Heart of Banking Reporting Begins. Last Friday, Wells Fargo (WFC) and JPMorgan Chase (JPM) started earnings off strong, and more big banks are set to report this week, including Bank of America (BAC) and Charles Schwab (SCHW). Tracking.
• Chewy (CHWY) Gets an Upgrade. The pet supply company was up 5% in premarket trading after being upgraded from “Neutral” to “Buy” by Goldman Sachs.
• Activision (ATVI) Keeps Call of Duty With Sony. The video game maker saw a 4% premarket boost after a U.S. appeals court denied a Federal Trade Commission bid to pause Microsoft’s acquisition of ATVI. As part of the deal, Microsoft agreed to keep Activision’s Call of Duty games on Sony’s PlayStation, a competitor to Microsoft’s Xbox.