Missed Fortune Super Blog

A Savings Vehicle That Makes All the Difference

Missed Fortune – Take Control of Your Future

Posted on | October 31, 2010

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Vote for Business Savvy

Everyone should vote! Vote to take back America and elect people who understand how money works.

Voters are fed up with President Obama’s government spending.

I’m concerned about how quickly we’re growing the National Debt. When President Obama took office, the debt was $11.7 trillion. In a year and 10 months, it’s over $14 trillion.

It’s increased $5 trillion since 2007, when House Speaker Nancy Pelosi vowed there’d be no new deficit spending.

That $5 trillion is greater than the amount of debt we amassed from 1789 to 1995. It’s ridiculous! Before Obama took office, the interest was $41 million an hour.

We can’t sustain this. Our retiring Baby Boomer population is larger than the upcoming workforce. Social Security is already $62 trillion in debt to Americans who paid into the system.

They thought Social Security wouldn’t be in trouble until 2042. Then it was 2017. Last October, I said that for the first time in Social Security history, the government paid out more than they withheld from people’s paychecks.

You need to create your own economic stimulus. You need to save yourself, because Big Government can’t.

Saving Yourself

I can teach you to plan for an abundant retirement.

The folks who followed my Missed Fortune teachings didn’t lose a dime in 2008, when most Americans lost 30 to 40 percent of the values of their IRAs and 401ks.

Their retirement accounts are up 50 percent from four years ago and double what they were 10 years ago. Most Americans still don’t have what they had 10 years ago.

They used safe, conservative strategies that maintain liquidity, safety of principle and a rate of return greater than inflation or taxes.

Taxes are going up. The dollar will be worth less. Now is the time to start converting those IRAs and 401ks into safer plans.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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