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I’m the last person to unnecessarily yell “fire” in a crowded room. In fact, I hate sounding negative at all.
But there has never been a scarier time to try and plan for a comfortable retirement than right now, regardless of your age.
For starters, there are just so many darn variables to consider, especially when:
- Life expectancies are rising, which makes it harder and harder to gauge how many years your nest egg will have to last …
- The tired old “historical investment returns” have certainly not been holding true lately, which calls into the very idea of counting on capital appreciation to carry you through your golden years …
- Plus, most of the traditional income investments like CDs, money market funds, and Treasuries are paying out peanuts!
Pensions, meanwhile, are routinely being underfunded or completely dissolved by corporations as well as state and local governments.
In addition, we all recognize that the widest-reaching source of retirement stability — Social Security — is no longer the sure thing that it once was.
Heck, Even Obama Is Now Discussing the Possibility of
Outright REDUCTIONS in Social Security Benefits!
Democrats had previously said that entitlement cuts were simply not going to part of any debt ceiling deal.
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| Even Obama is now saying Social Security cuts are a possibility! |
But in a surprising turn, President Obama reportedly said even cuts to Social Security and Medicare are now “on the table” to reach his targeted savings of $3 trillion to $4 trillion over the next decade.
One idea that is supposedly being floated is a new method for calculating Social Security’s cost-of-living adjustments.
It’s called “chained CPI” and basically it would do an even WORSE job of calculating the impact of inflation on retirees than the current method.
As far as politicians are concerned, that’s a good thing because it means less money will have to be shelled out!
In fact, since cost-of-living adjustments are calculated annually … this change to Social Security would actually mean deeper and deeper benefit cuts the older you get!
What would it mean for the average recipient who begins collecting at age 65?
According to one estimate I’ve seen, it would amount to $500 less in annual benefits by age 75 and $1,000 less by age 85!
None of this is written in stone yet, of course.
The final debt ceiling deal — assuming one is reached — could alter Social Security more radically than what I’ve just outlined … or not at all.
But it highlights yet another challenge facing all of us in retirement — the fact that the old standbys may no longer be there … or at least will not provide the type of income currently being promised.
So the Way I See It, You Have Two Choices:
Hope Things Work Out or Start Taking Steps Right Now to
Create Your Own Personal Cash Machine!
As I mentioned, I realize just how challenging it is to find safe, reliable investments right now — particularly ones that kick off steady income.
But I want you to know that they ARE out there … and in many cases they’re hiding in plain sight!
That’s precisely why I just created a brand-new online presentation that will introduce you to these “dividend superstar” investments.
Specifically, it explains:
- How to use a secret strategy to double or triple the income you’re currently receiving from your investments. (And if you’re currently parked in CDs or money market funds, you’ll love this trick!)
- Why some of the dullest companies in America are paying investors annual yields as high as 23.6 percent a year …
- Six stocks that have been paying dividends nonstop for decades, including a confectionary company that hasn’t missed a single dividend payment since 1930!
- The three-step process that I use to find investments with the very best total return potential …
- High-yielding investments that are CURRENTLY paying out anywhere from 7.6 percent to 13.8 percent a year …
- Plus a whole lot more!
Am I saying my new presentation will solve all your retirement problems?
Of course not.
Heck, we’ll never know how long we might live … or how many more stupid decisions Washington will throw our way.
But my point is that there are certain things we CAN control — including how we invest our own personal nest eggs for the maximum combination of safety, growth and income.
And in that department, I truly do believe that my new video can help you make better decisions.
So I encourage you to spend a little time watching it right now. Just click here and it will begin playing automatically.
Best wishes,
Nilus
{ 1 comment }
I’m willing to bet that confectionary company you mentioned is Hershey!