Are you worried that you might not have enough money to retire? Have you thought about how awful it will feel to be a financial burden on your children and other family members in your “golden” years?
Millions of Americans in the baby boomer generation will be forced to work well into their 70s and 80s because of poor planning and risky decisions. This may be difficult to believe because some of us have been fortunate enough to watch our parents effortlessly enjoy their retirement years. However, the radical changes in the financial system will make it more difficult for those looking to retire in the next 10, 20, or 30 years.
Our parents and grandparents largely relied on their pension for their retirement income, but pensions were recently replaced by 401(k) and IRA plans. Many of these new plans require you to risk your own money in stocks and other investments that often lose value.
Most people have accepted that they have to gamble with their life savings in order to retire comfortably at a reasonable age, but it doesn’t have to be this way.
The No-Risk Alternative
No-Risk Retirement is an eye-opening, easy-to-read book written by Richard Davis, a young family man who was tired of watching his parents struggle with finances while their friends took European vacations and Caribbean cruises. He decided to do something to take control of his own future. After years of research, Richard discovered how CEOs, celebrities, and star athletes eliminate investment risk while still generating generous returns and tax savings. The book uses 62 pages to explain exactly what his parents did wrong and what they should have done to enjoy their retirement like their friends.
Starting a No-Risk Retirement Plan
If you’re interested in learning more, I encourage you to download the No-Risk Retirement book (published by Wiser Books). It’s well-reviewed, fun-to-read, easy-to-understand, and it’s the best way to take back control of your retirement.