Retirement. It’ll hopefully happen to everyone one day.
It’s a huge milestone and something we’ve essentially been working toward for the majority of our lives. Every day we go to work to earn a salary so one day we’ll be able to relax and retire in comfort.
We can finally start enjoying our lives.
I’ve been putting a chunk of my paycheck into a 401(k) retirement plan since I got out of college. Everyone I knew told me that’s what I needed to do to make sure I could enjoy my life after retirement…
Buy that beach house, never worry about an upcoming meeting, presentation, or deadline, or finally being able to dedicate myself to a hobby I’ve been putting off for years because I never had the time.
Admittedly, I had no idea what my plan consisted of or what I was investing in. I was just really happy that I had a job right out of college. I went blindly into my retirement plan in hopes that it would work out in my favor.
The only thing people stressed was that I needed to have a plan and contribute to the plan… but that isn’t the only thing you should be focusing on when it comes to your retirement account.
It’s time you understand exactly what your retirement plan entails because you could be saving and contributing to a plan that won’t be enough to survive on.
Your Retirement Is Starting to Look a Lot Less Fun
According to Vanguard, the median value of a 401(k) account for someone 65 and over is about $60,000.
If you retire at 65 with $60,000 in your account and live for at least 20–30 years after retiring, you’ll have to spread that amount out over those 20–30 years.
That means you would have just $2,000–$3,000 a year. And that’s nowhere near enough to live comfortably or even stress-free. You would need another job just to maintain the cost of living. You won’t be going to the beach or spending your days at a golf course anytime soon.
Plain and simple, Americans aren’t saving enough for retirement. But it’s not all your fault. You’re not making enough money to contribute fully. You’re trying the best you can. And there’s an even greater problem at play…
No One Is Telling You This…
There’s a current bubble that’s being overlooked, and it’s going to directly affect your IRA or 401(k).
You can’t afford to wake up a few days from now and find out that your IRA or 401(k) has lost two-thirds of its value. The $60,000 that’s in your retirement account would be $20,000. There’s absolutely no way you can live off of that amount over a 20-year span.
I mean, just imagine if you had to cover some kind of medical expense or emergency. Life is unpredictable, and all we can do is prepare the best we can. There’s no way you’d be prepared if you only had $60,000 to last you over 20 years.
Join Wealth Daily today for FREE. We’ll keep you on top of all the hottest investment ideas before they hit Wall Street. Become a member today, and get our latest free report: “Retirement Reboot: 5 Quick Fixes for Your 401(k) Plan.”
It contains full details on how you can deploy five “quick fixes” for your wheezing 401(k) plan.
This overlooked bubble is a ticking time bomb, and it’s going to affect your retirement…
That means not only your life but also your family’s life, happiness, and financial security will be at risk.
For decades, analysts have made retirement recommendations based on a predictable sector. It’s been analysts’ go-to for 401(k) and IRA retirement accounts.
Because this sector has been so predictable, analysts have been ignoring the dangers that lie within, which means this bubble has been forming unnoticed for years.
The bubble probably won’t cause a huge disruption in global markets, but it’ll definitely have the impact that matters the most: changing the lives of hardworking Americans… for the worse.
All of this hits really close to home — one of these retirement stocks is most likely sitting in your account as we speak.
Don’t be discouraged. You still have time to protect yourself and your retirement, and heck, there’s even a way you can profit from this so-called “ticking time bomb.”
Grab Control of Your Retirement
The only reason I know about any of this is because I have the great pleasure of sitting next to my colleague Briton Ryle. He discovered this retirement bubble that I’ve been mentioning. He’s also realized that the bubble is seconds away from bursting, which explains why he can’t stop talking about it.
He’s been nonstop researching this crisis since it popped up on his radar, which has led him to compile all of his thorough research into an exclusive presentation.
We don’t want you to lose your hard-earned money, and we want to see you getting the most from your retirement account, whether it’s sipping drinks on the beach, buying a boat, or even something more personal like being able to financially support your loved ones.
Today is the day you take back the power of your retirement account! Don’t sit back and wait for everything you saved to vanish into thin air.
For that reason, we’ve decided to release Briton’s research and presentation to Wealth Daily subscribers.
We’ll be sending out his presentation this afternoon — you don’t want to miss out! But don’t worry… if you’re reading this, then you’re probably subscribed to Wealth Daily, and you’ll be getting his presentation in your inbox. If you’re not subscribed, there’s still time to do so!
In the meantime, listen to Briton talk about algorithm trading, ETFs, and some of the other lurking dangers that could be threatening your retirement on our Investing After Hours podcast. You can listen here.
Until next time,
Monica Savaglia
Wealth Daily
