Two years.
That's when the money would run out.
She had done everything right.
The retired kindergarten teacher and her husband both did. Even after he passed away, she was smart about her financial decisions.
She'd paid off her home, worked 30 years to secure a teacher's pension, and saved enough in an IRA to live off the interest alone...
Until she could no longer live alone.
It's been 20 years since he passed. Her mind is sharp, but her body is betraying her.
The plan was always to leave the house and the IRA to the kids. But now it's going to take every penny of it to pay for her care.
Her income is nowhere near the cost of what she needs, but her assets disqualify her for Medicaid or Vveteran's benefits.
Benefits she never intended to rely on.
She'd been smart. She'd been frugal.
She'd done everything the financial planners told her she was supposed to do.
And now, in less than two years, she will have nothing to show for it and her funds will run out.
Instead of leaving a legacy to her family that she worked her entire life to build, she'll have to depend on their financial support to live.
They're more than happy to do it, but she's not.
This isn't how any of it was supposed to happen.
The sheer indignity of it is enough to spark frustration and at times even rage.
She did everything right.
So how did everything go so wrong?
Unfortunately, this story isn't unique.
Financial planners give you the illusion of security. The government gives you the illusion of a safety net. And the best laid plans give us the illusion of control.
But we are in a retirement crisis.
The status quo isn't working. The system is broken.
That's why legendary market wizard Larry Benedict created his own system. One that could consistently generate income whether the market is up, down, or sideways.
But his approach goes directly against everything a financial planner would ever tell you.
You don't have to be an expert trader, and you don't need a lot of money to start out.
Click here to see how.
If you or a loved one are at or near retirement, this video could be a game changer.
I urge you to watch it now.
Sincerely,
Lauren Wingfield
Managing Editor, The Opportunistic Trader
P.S. During the interview, Larry even performs and “over the shoulder” demonstration of his strategy in action. Watch it here… |
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