The Best Way to Survive 2019’s “Retirement Crisis”
Editor’s Note: Tom Gentile is America’s #1 Pattern Trader and one of the world’s foremost authorities on stock, futures, and options trading. Read his note below to find out more on his expert approach to funding your retirement…
April has been named “financial literacy month” by the U.S. Senate. This idea was created with the goal to teach Americans how to create and maintain healthy financial habits.
According to a recent survey, one in five American adults has nothing saved for retirement or emergencies. And of those who do have savings, 20% have put away only 5% or less of their annual income to prepare for the future.
So, this month is more than needed.
You don’t have to fall victim to the current retirement crisis, however. You can take charge of your financial future.
This Simple Stock Market Tactic Can Build Your Nest Egg
Every day, nearly 10,000 baby boomers turn 65, entering the traditional retirement age group. But according to a recent tally by The Wall Street Journal, that traditional step is becoming more of a distant dream than a reality.
While unemployment has hit a 50-year low and wages continue to climb, there’s one demographic in particular that hasn’t reaped any of the benefits: baby boomers.
And there are a few reasons why…
- Currently, Americans have more expenses than they know how to handle.
Whether it be a mortgage payment, credit card debt, or student loans, Americans find themselves dumping their hard-earned money into monthly bills and unnecessary expenses – leaving nothing to put aside for the future.
In some cases, people are even forking over thousands of their own dollars… waiting months for it to pay off… and taking huge risks for silly “investments.” (When they could be doing this instead…)
- Some just haven’t gotten around to it.
Retirement can tend to take a back seat to the expenses of the present. 16% of American citizens reported that retirement was simply an afterthought.
- Many blame the low quality of their job.
Not all employers provide access to a retirement plan, such as a 401(k). Of those whose jobs offer these types of plans, only 40% take part.
But out of all these reports from the survey – the most shocking number is the median retirement balance for all Americans.
It’s not $100,000 or $10,000 or even $1,000…
The median balance is $0.00.
Yes, you read that right – half of all Americans have less than $0.00 in retirement.
The phrase “retirement crisis” is not an exaggeration by any means.
You don’t have to follow the masses and spend the rest of your life working yourself to the bone, however.
There’s a simple and easy way to grow your nest egg…
And today I’m going to share it with you.
Because I’m fully confident that it can land you the retirement of your dreams.
This beats anything I’ve ever seen for life-changing potential to make money.
Because when you’re flipping stocks, you can buy quick, sell fast, and double your money in a matter of days.
Today, I’m going to show you exactly how to get started right away using a real-world scenario.
But first, let me tell you what it means to “flip stocks…”