A Perfect Storm Ahead for Retirees

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.