The sad reality is that you IRA or 401(k) might one day become worthless and not pay out what you put into it.
The United States of America is no different than any country and their debt is becoming more and more with each day that has passed. At this very moment while you are reading this article, the country’s national debt is almost $19 trillion. That’s right – we’re already in the millions of billions!
To put this figure in other terms, that means that every household in the United States would have to pay $200k to pay off the debt. If we break it down even more, it would mean that every single individual person would have to pay $58,652. This is including children. Can you imagine doing that? Many people would have to sell their houses, their belongings, and even the provisions they have made for their children’s university fees in order to afford that.
As if this wasn’t bad enough it would seem like things aren’t looking as promising in terms of the stock market. Experts have noted, that in artificial terms, it is related so high that it is on the verge of collapsing under its own enormous weight. Its growth isn’t going as expected in overseas markets and this puts even more pressure on the future of the country’s stock market. Mix that together with a staggering number of terrorist threats and you are left with a national community that may face another economic meltdown. And this time, it’s going to be one for the record books of history.
What does this mean for you as a senior citizen of the United States? What will happen to your IRA or 401(k) plan if the economy collapses again? If we base the results on what happened in the years 2000 and 2008 then it isn’t good news at all. You could lose 60% or more of the savings you’ve worked so hard in putting away. What makes it even more devastating is the fact that it is now nine years later and there is even less chance of you (and the economy) being able to recover so quickly from such an enormous blow.
However, all is not lost and there is something that you can do about it. This is an opportunity for you to take charge of your finances and prepare for the unexpected. There is a simple and completely legal IRS loophole that you can use in order to protect your nest egg. All you have to do is get you FREE IRS LOOPHOLE GUIDE HERE immediately.
We understand that you have been working hard your entire life. Now is the time to relax; not the time to worry about things like national debt, the government, and how it will affect your life. Let us help you with our expertise and knowledge regarding the IRS loophole that might just save you from financial suicide.