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Are you in line to get clobbered as more and more pension funds collapse? Do you think Uncle Sam’s ‘Pension Benefit Guarantee Trust Corp’ is going to save you? Guess again. “This is one of those things that few will pay attention to until it’s a 5 alarm fire. […]
This issue continues to fester and unless a miracle occurs it’s going to eventually explode. When it does Boomers are going to be splattered all over the walls. “Boomers have everything to lose if the status quo isn’t maintained and millennials increasingly think they have nothing to gain by […]
Social Security is on the minds of most Boomers for good reason. As this chart clearly shows, many depend on monthly checks for all or a major part of our income. Dr. Larry Kotlikoff, an expert on Social Security, informs us that we may be seriously failing to maximize […]
Lot’s of retirees who thought they’d built up a comfortable nest egg are beginning to hurt as the effects of ZIRP and now NIRP bite into savings and eventually, pensions. It’s only going to get worse, as these policies are anything but accidental, rather part of the Federal Reserve’s […]
Grant Williams is interviewed by Chris Martenson (two of our favourites) in a lengthy and complex discussion (which assumes you already have a fairly sophisticated understanding of economics and finance). It’s not for the average ‘Joe’, but if you’re concerned about protecting your retirement, it might just be for you. […]
Too many old people, not overpopulation, is the problem and it’s going to cause a Social Security meltdown. “I recently ran across a quote by economist and social theorist Prof. Thomas Sowell, who wrote, “One of the scariest aspects of our times is how seldom either people or policies are […]
United States, Europe and Japan are all experiencing rapidly aging populations, while continuing to run huge, unsustainable budget deficits. This bad news is only going to get worse, eventually causing younger generations to rebel against the rising payroll deductions needed to fund lifestyles Boomers never bothered to fund . […]
Baby Boomers are retiring in record numbers, but instead of looking forward to the ‘golden years’, many are concerned whether they will outlive savings and pensions. Read more…
The current economic depression that began in the fall of 2007 has taken its toll on Boomers, many of whom have been involuntarily retired, essentially forced to claim Social Security benefits early. Read more…
Many Baby Boomers are in for the financial shock of their lives, as current government spending levels are unsustainable. Since Americans aren’t about to demand lower spending, let alone allow substantially higher taxes, this leave politicians only one out… Inflation. Read more…
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