It's Getting Late, Early!

As the great philosophy Yogi Berra said, "It's getting late, early." for those who have bought the financial services industry retirement message of "save more, spend less and pay down debt" you are at a crossroads. it took about 50 years to get here, but now the day of reckoning is on the horizon.

And sadly, it probably makes little difference as to which political party is in control. Both have managed to wipe out an incredible amount of US wealth. They have done so with an ignorant disrespect for any sense of austerity. The path to $34T in debt was accomplished in just a bit over 16 years. In the midst of the so-called economic disaster of 2006-2008 the debt stood at $8T dollars. The opportunity to enact just a moderate amount of austerity would have seen the economy rebound over 3 years or so and the debt wouldn't have become a nuclear event. Of course, this required political courage which is nowhere to be found in today's celebrity politicians.

So, here we are as the debt has mushroomed and the cloud is now $34T and growing by $1T or so every 8 months. And the common approach is to continue spending even more and using the excuse of an existential climate event. Well, with the oncoming austerity that must ultimately be faced the climate is the least of anyone's concerns. Let's be honest here, the climate is the excuse to keep spending like a drunken sailor (and all apologies to the drunken sailors who may well be more fiscally responsible than the looney tunes we have in government today).

No, it's time to CYA folks. Stop relying on the government to produce any sensibility and recognize that they have a slush fund of $38T and growing in the format of your retirement funds. That's right Uncle Sam has the control and ability to evaporate your funds for the good of the nation. Imagine when they tell you that the debt is out of control, and someone needs to pay the bills in order to keep the lights on and also prevent the oncoming climate disaster. (Presently, the debt represents $97,000 owed by every America)

Will it happen, probably not, could it happen? Absolutely. So, the solution is to get your funds into your own hands and make your own decisions on how to create income and survive whatever ridiculous scenario the government creates. There are several strategies to get your retirement funds without paying present taxes, and also converting those funds into tax free income in the future. You have the opportunity to create tax advantaged income, capital appreciation, successful exit strategy and create tax free liquidity, tax free income and generational wealth. The additional benefit is tax free liquidity for chronic, critical and terminal illness. You will be creating financial independence and protecting all your future generations from any economic difficulties. I like to refer to this as bet on yourself planning. You have assets you are withering away; those include retirement dollars as well as home equity. Both will be diminishing assets if you don't soon bet on yourself. Let me help you, the strategies I have developed are counter intuitive as well as contrarian to the present financial strategies coming from the financial services industry and the financial guru talking heads. of course they have theirs, so their advice is to continually line their pockets at the fleecing of yours. Stop falling for it. It's gone on for 5 decades and is continuing. As the expression goes, it's a form of insanity to do the same thing and expect different results. BET on YOURSELF!

www.middleclassmillionaireplan.com