In this week’s Hidden Wealth Solution Insight, I teach that as we celebrated the U.S. independence this past week, it’s clear that we need to declare our retirement independence. An article I talk about this weekend on Hidden Wealth Radio calls the Baby Boomer generation’s retirement a “train wreck.” That’s not because Baby Boomers spent recklessly, it’s because Baby Boomers are a “hamburger” generation.They are taking care of elderly parents while helping their younger children at the same time. It’s as if those two generations are the “buns” and the Baby Boomers are the “burger” in the middle. I wrote about this in detail in my latest book, The Baby Boomer Retirement Breakthrough, The Unfair Advantage of a Safe & Secure Retirement.
The article goes on to say that, by 2029, the number of people in the U.S., age 65 and older, will nearly double. This segment of the population will grow 7 times faster than the rest of the U.S. population. As a result of this, there will be fewer people paying taxes. The government’s solution is to simply increase taxes. This additional taxation will cause the stock market to become even more volatile.
I want to teach how to declare your independence from traditional retirement planning. The Baby Boomer generation is the first in history that has to self-insure and self-fund their own retirement. Social Security and Medicare are underfunded and under attack. The market will continue to be uncertain with unpredictable events, such as terrorist attacks and countries leaving the European markets causing catastrophic losses. The global economy, people living longer and the government collecting less tax will result in higher taxes, more market volatility and longer exposure to the effects of inflation. Different times call for different strategies.
To learn more about retirement strategies that protect you from market losses, unnecessary taxes and the effects of inflation attend my no-cost, no-obligation Retirement Protection Webinar this coming Tuesday. Let me teach you how we can eliminate taxes on retirement income, how we can eliminate market losses so that you enjoy only the gains from the upside of the market. Those who register and attend the webinar will receive, as a gift, the electronic version of my latest book, The Baby Boomer Retirement Breakthrough, The Unfair Advantage for a Safe & Secure Retirement.
The market turmoil that resulted from last week’s “Brexit” vote shows how the global economy can have a huge impact on our domestic stock market. The stock markets are going to be more volatile because retirees will need larger distributions in order to net the after tax income they need. This will cause many retirees to run out of money before they run out of life. These larger-than-expected stock market withdrawals will cause even more market volatility and increasing economic income uncertainty.
Discover how you can declare your independence from unnecessary taxes and market losses. You’ve worked hard for your money, we’ll work even harder to help you protect it. But you must register now while there’s still space available.
(855) No Tax 2 U
Here’s to your Hidden Wealth,