Sep 11
26
Are you tired of watching your retirement accounts drop every time you turn around? Are you tired of stressing about what to do with your money to protect it and create the retirement income you desire? Do you know where your money goes when you give your money to “professionals” to manage for you?
The 401K, 403B, or IRAs, are private investment accounts that were not designed to create retirement incomes. These private accounts, especially the 401K, were actually designed to create an additional tax deducted retirement plan yet ended up taking the place of the more expensive employer provided pension plans.
70% of people age 60 and older are having to continue working as their retirement accounts have fallen so much that they are losing money instead of providing an adequate income to retire. Private retirement accounts having been failing, or just breaking even, for the past 10 years and they are not going to get better.
Think that your 401K or 403B or IRA is bad now, there are plans to take away the tax deduction benefits that go along with placing your hard earned money into these private accounts, thanks to the Federal Reserve. The Federal Reserve is creating a plan to have private investors, who are contributing to employer related accounts such as the 401K and 403B, start investing a mandatory 5% of their income into a government controlled plan called a Guaranteed Retirement Account.
If you still want to invest like 98% of the population, who lose 30-50% of their income every year in their failing retirement plans, then that is your business. But, please, do your homework first. Look into the Guaranteed Retirement Account that the government is going to roll out before you know it and DO NOT put your money into this account, or you and your family will lose BIG money.
If you would like to discover how to invest like the wealthy have been investing, creating wealth during any economic condition, and without having to rely on the government for a single thing, then that is our business. We have created The CrashProof Prosperity Newsletter with all the economic, investing and personal money management experts and knowledge to help you create your own money management and investing success.
Look into mapping your own future success and take complete control of your hard earned money and personal and financial future. If you don’t take control of your assets the government will take control of your assets for you, whether you want them to or not.
Read more about the Guaranteed Retirement Account so you know not to enroll in such a government controlled program, then read more articles on Discover Financial Freedom Online’s Basic Financial Knowledge to discover more ways to take control of your own money and your own future.
