As Baby Boomers start retiring in droves, they face the Great Retirement Investing Crisis: they have nowhere near the amount of funds it takes to retire comfortably. And most haven't even thought how much money it will take to finance a comfortable retirement, let alone achieve financial independence.
They must look beyond wealth preservation, toward wealth generation for retirement. Boomers must learn to make money instead of just looking for so-called income plays.
Income investors beware: As we enter a new rising rate environment, it's actually more risky to aggressively chase yields than to aggressively chase growth.
Sometimes the best defense is going on offense and right now is one of those times...
obama retirement savings
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The Most Dangerous Myth About Retirement Investing
How 401(k) Fees Are Costing You 33% of Your Nest Egg
If you have a 401(k) chances are you're getting ripped off and you don't even know it.
With all of the associated 401(k) fees, the truth is you could be losing as much as 33% of your retirement nest egg to the financial advisors who run your plan.
Typically, these fees are completely buried in your 401(k) statement-- and even if you do manage to find out how much they are, the fees won't seem like much at first glance.
But overtime, the fees can literally cost you a small fortune.
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Obama Turns America's Retirement Dreams into Nightmares
There is something outrageous contained just 18 short pages into President Obama's budget that has the power to affect every American's future in a very direct way -- your retirement.
A move is underway that could turn all your hard-earned IRA and retirement cash into a slush fund for the Federal government...and there's nothing you can do about it unless you act now.