Evergreen Colorado Real Estate

THE PERSISTENT PROBLEM WITH RETIREMENT ACCOUNTS FOR EVERGREEN COLORADO REAL ESTATE SAVERS

Every financial pundit in every media touts the benefits of a retirement account to provide a healthy income for your senior years. They all create these wonderful graphs showing you how you can have a million dollars in retirement savings by just putting away 10 percent of you income each month.

Aside from the realities of paying all your living expenses on top of a tax bill of 55 % of everything you earn, putting away ten percent is probably a good idea if you can manage it. Remember most of the taxes you pay are not income taxes. What all the soothsayers don’t ever factor in is all the losses you will inevitably suffer in a lifetime of investing. In my life there has been a significant recession every 5 years. In the last ten years there was the dot-com bubble burst, the 911 corporate scandal recession of Enron and others, and now we are in the Bush/Obama recession. All the recessions and depression have been caused by the Federal Reserve monetary policy and many economists predict another crash resulting from the Feds new bubble, having printed a few trillion dollars in the last two years.

Since the Fed in not going away you can expect about an average loss of 40 percent in you investment portfolio over a 40 years work span. Many lose more; if you invested in GM, or Enron, or Lehman brothers you would have lost all. Since the 30 Dow Jones Industrial companies were assembled into an index, only one company is still on the original list, all the others have gone bankrupt. The Dow Jones companies are supposed to be the most successful and profitable industrial companies in our nation, and over time most go belly-up.

Bonds don’t fare any better. Today’s yields are about 2% or less; and the Main Street inflation rate is 13% a year. The Wall Street Journal is predicting over 100 billion in municipal bond defaults; most city, county, and state governments are hopelessly in debt as is the Federal Government. If the Federal government was a corporation it would have been forced into bankruptcy and liquidated years ago.

The idea that you can ship off your hard earned money to some stock and bond family planner, or some mutual fund manager, and emerge in 40 years with a million dollar retirement account is simply a lie; research the facts and evidence for yourself before you ship your money off to Wall Street. Remember, you the taxpayer just spent billions bailing out Wall Street; they lost trillions of their investor’s money and needed your tax dollars to keep them in business-think about it.

The stock market has become just another casino where people enter with dreams of riches and leave with the reality of disappointment.

It’s time to return to the fundamentals. If You want to prosper in these tough times you will need to earn a profit, not just depend on stock price speculation, or bond interest which is less that inflation. Now is the time to be successful by investing in EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESTATE; give us a call at MARK ENGLISH REAL ESTATE and let’s plan your retirement income. We are the one stop shop for all your Real Estate needs in the Rocky Mountains. Whether a home of Your own, or a retirement investment call us at 303-674-0148, Email us at markenglishrealestate@msn.com, or visit us on the web at www.evergreencoloradoliving.com.