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In one year 24 million Americans have shifted from thriving to struggling. How to thrive no matter what the economy throws at you. A 92.5% employment rate. The bailout and ownership of your future. Economic storms and solutions. Do you want a dream cabin but can’t afford it? Are you waiting for your cabin or condo until you retire? This could be a great mistake. Listen to learn more.
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New FREE Missed Fortune E-book: Baby Boomer Blunders. THE PROBLEM? The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg. Download at www.babyboomerblunders.com
See Doug Live: Saturday, April 4, 2009, 12:00 PM – 3:00 PM (Click here to register) Woodland Hills, CA
Tagged as:
401(k),
Doug Andrew,
Economic Crisis,
Government,
Investing,
Missed Fortune Radio,
Real Estate
David Walker our nation’s top “accountant,” the Controller General of the United States, gives an alarming prognostication of the economic peril of our country – he uses the “b” word – that’s right, Bankruptcy.
Listen to David Walker and some of his concerns on this You Tube Video
After hearing Walker’s blunt assessment of our government fiscal irresponsibility – spending more than we have at an unsuitable rate – a couple of questions come to mind. Am I, or anyone that I care about, counting on government sponsored retirement and benefit programs like Social Security or Medicare, or are we preparing as though our financial futures are dependent upon us alone? Secondly, have I learned my spending and saving habits from the worst example of all – yes I’m talking about your uncle, Uncle Sam?
A few principally sound take always to consider, of which none are incredibly revolutionary or hard to grasp:
· Live below your means – save more money than you spend
· Create a private retirement strategy
· Keep your money in a house of bricks, meaning, don’t leave it in houses of straw or wood
DL
“The Economist”
Tagged as:
Economy,
Government,
Retirement,
Social Security
