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You Must Take Control of Your Retirement!

October 20th, 2009 Carrington No comments

social_securityIt’s clear that most retirement portfolios in this country are seriously inadequate for the requirements of a true retirement without a major change in lifestyle. Add to this the stock market apocalypse from which many are still recovering, the real estate crash, near-zero interest rates, and massive economic turmoil and we have a recipe for disaster.

If you are nearing retirement or just started working your first job and think that Social Security will provide you a decent lifestyle, you’re horribly wrong. First, the Social Security system is incredibly flawed and second, it’s probably not going to be around for the younger generations.

The Biggest Ponzi Scheme in History

We’re told that the amount allocated to Social Security siphoned out of our paychecks each week is to pay for our own retirement futures. The harsh reality is that we’re paying for today’s retirees and that we will rely upon future workers for our share.

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