High inflation continues to increase at a rate that leaves the majority of Americans unable to save what they need to retire! The number of people that are able to permanently retire is steadily declining and elder poverty has increased to rates unseen since the Great Depression!
The problem is that most people believe the only way to achieve financial security or to retire is to save a lot of money in a 401K or IRA. They rely on the “Save-and-Hope” strategy where they do their best to save as much money as they can and hope that one day, they will be able to retire. As that day nears, they quickly realize that their cost of living has steadily increased because of inflation and their life savings isn’t going to last anywhere near long enough.
Thankfully, there is a solution to the savings and retirement crisis: You can become financially secure and retire without saving money!