Is Social Security In Trouble? How You Can Protect Yourself Without Struggling Through Your Retirement Years

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Is Social Security In Trouble? What Can You Do To Protect Yourself Without Struggling Through Your Retirement Years

According to Forbes we were 18.2 trillion dollars in debt in 2015. See http://www.forbes.com/sites/mikepatton/2015/04/24/national-debt-tops-18-trillion-guess-how-much-you-owe/#100657495ebd
According to US Government Debt we are at present 19.5 trillion dollars in debt. That does not include state and local debt. It also does not include the so-called entitlement programs such as Social Security and Medicare. At present the federal debt per person is about $59,787 for every man, woman, and child in America. Considering the fact that the largest group in American history is about to retire, that means that our kids will be stuck with an amazing amount of debt. And we are not finished. See http://www.usgovernmentdebt.us/

According to the Star Tribune, 76 million baby boomers are headed into retirement. 2/3 of households 55-64 have savings equal to LESS THAN HALF of their annual income. 1/3 have NO SAVINGS AT ALL.  See:  http://www.startribune.com/the-real-story-about-retirement-millions-of-baby-boomers-face-financial-crisis/334718191/

Additionally, when people start pulling money out of their 401Ks supply and demand kicks in. You have A LOT of people pulling money out of their 401Ks. That is stocks, bonds, and the like. So what happens when there is a large SUPPLY of stocks and no DEMAND for stock? If there is a large supply of something the value goes DOWN. So you could have $200,000 in a 401K and when the value of the stock goes down so does the amount in your 401K. Thus that $200,000 could go down to $150,000, or $100,000 or less. Mmmmmm, do you still have enough to retire on? Something to think about.

So what can you do to protect yourself? Learn about leveraged income–that is assets that make you money whether you work or not.

Aren’t we supposed to leave our children a LEGACY. Aren’t we supposed to leave them BETTER OFF than we were? Also, what would it feel like to actually have fun in your retirement? Go on vacations around the world? Play golf with your friends without having to worry about the fees. Live comfortably where you want to live. How would that feel?

Leveraged income can make that happen–again assets that make you money whether you work or not. If you would like to learn more contact me at debalps@debalps.com or call me.  The number is listed below.

To Your Continued Success:

Deb Alps

http://debalps.com

http://facebook.com/debalps

720-690-2947 (Cell)

303-658-0376 (Office)

About The Author

Deb Alps

Helping Network Marketers, Entrepreneurs, and Affiliate Marketers Get More Leads, Recruit More Reps, and Become Top Earners in Their Companies


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