2020 Dec Ebook NewPDF

Chapter 6
The Harsh Truth!
Here’s the problem- The harsh truth about this.
TRADITIONAL FINANCIAL PLANNING DOES NOT WORK (1)
If these solutions worked, why are more than 95% of the population
failing to retire with financial security? (2)
Why are more than 25 million seniors living below the poverty line. (3)
And, why are 21% of married retirees and 43% of single retirees
dependent on Social Security for more than 90% of their income. (4)
1/3 rd of senior households has no money left over each month or is in debt after meeting
essential expenses. (5)
Millions of older Americans are at risk for hunger. In 2016, 8.6 million (13.6%) Americans
over the age of 60 faced the threat of hunger. (6)
An average, a retired couple will need $295,000 saved (after-tax) to cover health care
expenses alone in retirement. (7)
So, can we agree that the current methods are NOT working?
This is a huge epidemic and it’s only going to get worse!
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