A Perfect Storm Ahead for Retirees

Published on: Jan 1, 2022

Nothing’s ever going to be perfect when you retire. There’s always going to be some kind of hurdle or challenge to overcome. But if you hope to retire in the next 5 years, you could be facing a perfect storm of significant events that could be a huge challenge, even for those who have gone to great lengths to prepare for retirement.

If you’re like most people, you’re probably shaking your head and wondering what’s going on with our country and the economy right now. It’s a perfect storm of several events converging at the same time.

  • For the first time in decades, inflation is going through the roof
  • Runaway government spending is causing our national debt to skyrocket
  • We could see huge tax hikes just around the corner
  • Next to 0% interest rates at the bank are punishing good savers
  • Social security is projected to run out of money soon – and the list goes on

Each one of these is significant enough on its own, so you are probably wondering how your retirement could be impacted. In this episode, we’ll talk about the perfect storm of events ahead for retirees …And the strategies that could help protect your hard-earned savings.

Host Ben Christy interviews Beacon Capital Management’s Senior Partner and Co-Owner, Pete Benson for this episode of the Beacon Retirement Strategies Radio Show: A Perfect Storm Ahead for Retirees.

Are you considering retiring in the near future — but aren’t sure if you have enough money saved? This is a difficult assessment under any circumstance, but certain factors make it even more complex. You’ve worked hard to get to where you are and running out of money during retirement isn’t an option.

Getting a second opinion of your current retirement plan is a wise move, and we offer that at no cost and no obligation at Beacon.

SCHEDULE A CALL TODAY TO GET YOUR FREE FINANCIAL PLAN CHECKUP! This includes a tax analysis, along with an income analysis, a Social Security analysis, a fee and risk report, and a portfolio stress test.

Also, download our FREE ULTIMATE RETIREMENT PLANNING CHECKLIST to see which areas you need to cover to have a comprehensive retirement plan.

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