In this week’s Hidden Wealth Solution Insight, I teach that the United Kingdom (U.K.) has made it’s decision to leave the European Union (E.U). News of the so-called “Brexit” is breaking the global stock markets.This is just the first day of what’s going to be an involved withdrawal and no one’s sure what’s going to happen next in the course of this process.
As I discuss in my books, the global economy means that events occurring in far-off places can have a huge impact on the U.S.; our stock markets, our retirement plans and our interest rates. Social Security Commissioner Carolyn Colvin, has recently said that retirees need to have a serious discussion regarding cuts to their Social Security and Medicare benefits. In the next 10 to 15 years, Social Security benefits will be cut by about 25% and Medicare premiums will increase while benefits will decrease. Unforeseen recessions and other economic calamities could push-up the dates for these cuts.
I want to emphasize that, even as the global markets tumbled on news of the Brexit, our clients didn’t lose a single penny! Our unique strategy protects the growth of their money using indexing. The distribution of their savings is also protected from the effects of ever-increasing taxes.
Different times call for different measures. To learn more about retirement strategies that protect you from market losses and unnecessary taxes, attend my no-cost, no-obligation Retirement Protection Webinar this coming Tuesday. Discover how our clients are able to avoid losing their hard-earned savings during market sell-offs. Those who register and attend the webinar will receive, as a gift, the electronic version of my latest book, The Baby Boomer Retirement Breakthrough, The Unfair Advantage for a Safe & Secure Retirement.
Register now while space is still available at:
Spouses are encourage to attend this event together.
Here’s to your Hidden Wealth,