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You know what’s not fair about saving for retirement? It’s that the world we prepared for isn’t the world we’ve become. Or where we’re heading. Especially if you’re between 40-65. Between Inflation, taxes, turmoil, tipping 20% on fast food, and lower market returns… when it comes to ensuring and growing your future wealth, the only thing for sure is… Something has to change.. (Maybe everything?) Now, you may already have a Retirement Plan already in place. At least, I hope you do! But did you know that it’s likely based on information gathered in 1978? Because that’s when the 401(k) was established. And we’ve been aware that it's an outdated system since 2009. (Time Magazine literally wrote a cover story about it that November.) Know what Uncle Sam did about it? Nothing. And the plan that was outdated 15 years ago certainly hasn't grown any more relevant over time. It’s now 50 years old. Which means you’re using strategies that came out the same year as the floppy disk. Bette Middler won best NEW artist. Hank Aaron broke Babe Ruth’s record. And I’m not saying ALL the old advice doesn’t work. SOME of it still does…. It just doesn’t work WELL. And it can’t keep up with current trends. Especially if you’re planning to retire within the next 10-25 years.. Because it seems as though everything Gen X’ers have been doing… everything they were taught to do… hasn’t panned out as promised. Traditional Retirement Planning hasn’t aged well. (Like a banana.) The world has evolved. And time is moving on whether you’re paying attention or not — especially for this age group where retirement is closer than they might realize. Traditional plans aren’t keeping up. And they need an upgrade. So, are you absolutely positive that you’re set up with a plan that’s efficient for TODAY’S economy (rising costs, higher taxes, escalating insurance, lower returns) and that your retirement plan has been updated to maintain the comfortable life you want when you retire?.. #fyp #wealth #money #retirement #financialindependence ##stockmarket##rothira##cds##highyeildsaving##401k##angiedunnn
Duration: 35 sPosted : Wed, 05 Jun 2024 23:35:00Views
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