The Realities of Retirement...Are You Prepared?

Millions of Americans begin each year with intentions of getting their financial life in order and making definite plans for their retirement. However, years come and go without much progress in those areas.For many it is the eleventh hour! If you were born between 1946 and 1964, you are one of the 78 million Baby Boomers marching toward retirement.Approximately 10,000 Americans will turn 65 everyday for the next 18 years. Most of these will retire from their jobs yet only about 5% have sufficient retirement funds to maintain their current lifestyle. Although Social Security is intended to only be a ‘supplement’ to retirement income, many Americans depend heavily on their Social Security checks for survival. However, annual reports show both Social Security funds to already be depleted. Are you financially prepared for retirement? Will you have enough income to maintain your present standard of living?What will happen in the likely event that you will not able to draw your full Social Security benefits? The average American will live 27 years after retiring from his/her job. Will your income last as long as you do? Would you like to learn how you can better prepare for the time when you are no longer gainfully employed? Would you like to be able to understand the legal jargon of financial planners and learn how to filter out ‘financial noise’? Would you like to know what ‘Situational Awareness’ is and how it affects you? Would you like to know the difference between sufficiency and surplus?Would you like to know how to protect your investments against inflation, deflation, and taxes? Would you like to know what Capital Sufficiency means? Would you like to know what the "Capital at Camp" model is? If you answered yes to even one of these questions, you will want to be sure to join me and my special guest, Ron Cain, Field Representative for Pacific Advisors. Have your financial questions ready and invite your family, friends, and co-workers to join us.