Sandra is a good person. But she got played.
She lived her life the way she was told to. She kept her head down. She worked hard. She believed them when they told her you just have to work really hard for 30 years and you'll be able to retire and enjoy the last 20 years of your life.
BUT THAT WAS A LIE!
Sandra has it worse than most people, I admit, because she's 1) a single mom 2) her daughter is an ex-junkie who made her life a living hell and 3) she lives in a very depressed section in the city of Baltimore, Md.
But there are a ton of people her age who are now finding out that life in retirement isn't what was promised to them.
In fact, I just got an inquiry into "Igor Kheifets 301K Challenge" program from a couple who are approaching retirement who now recognize they're going to be "underfunded" in their golden years. Both still work jobs and are likely to continue to work jobs unless they find another way to support themselves during the next 30 or so years they've got left.
Another client is a retired cardio vascular surgeon who discovered after he retired his savings are going to run out before his heart stops beating, given he is in good shape.
RETIREES ARE DISCOVERING THEY CAN'T AFFORD TO RETIRE
Social security can't cover the basics without putting retirees on food stamps.
By and large, baby boomers are now looking up to their children for help. But their children aren't doing well either.
Ideally, if you worked hard for 30 years, you should be able to live off your savings and some help from fellow citizens who regularly pay their taxes (social security).
But life ain't ideal.
WHERE DOES SECURITY DURING RETIREMENT COME FROM?
General Douglas McArthur famously said security comes from our ability to produce.
A j0b can't give you security in retirement, because no one wants to hire old people. They're too slow to learn new tricks and a high insurance liability.
The only way you're getting through retirement comfortably is by creating your own source of income in the form of an email list.
In fact, if you nurture it right, your email list can even outlive you, and you can give it to your kids to manage and profit from, because a properly-nurtured email list appreciates over time.
Sincerely,
David Gilmore
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