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WHAT IF FOR EVERGREEN COLORADO REAL ESTATE RETIREES

Tuesday, July 13th, 2010

WHAT IF FOR EVERGREEN COLORADO REAL ESTATE RETIREES

 

It is becoming clearer and clearer by the day that both the Federal and State governments are broke. The irresponsible and wanton spending of the American governments has driven the American people into bankruptcy. Corporations, businesses, and American individuals are at the tax saturation point and the revenue well has gone dry.

                          

The senior’s Medicare program and Social Security benefits, which is funded mainly by a payroll tax, is in deep trouble because the number of taxpayers per baby boomer senior will no longer be able to fund the huge number of participating enrollees. The 20, 30, 40, and even 50 something generation has reached the point of critical mass where the salaries are no longer able to support them and the seniors as well. Furthermore, congress has never established a lock-box for the SSI and Medicare funds so the money you paid in will need to be paid twice: once when we tax your income and then again to pay off the IOU’s that congress and the president gave us when they stole the money and spent your retirement and health care on pork barrel projects and big bank bailouts.

 

It’s time that every sane person realizes that if we don’t seriously cut federal and state government bureaucracy by 80% or so and get control of the republican and democratic politicians, then you will need to fund your own retirement. Social Security and Medicare is already bankrupt because any surplus is already spent – there is nothing there except the federal and state government’s promises to pay. If you need $40,000 to live during your retirement years then you will need $2,000,000 in tax free interest cash to support yourself at today’s interest rates. Please, don’t forget that if your 2 million is in a 401k your will be taxed double because a 401k is tax deferred and not tax free. In you senior years you will need to pay your deferred tax on you principal 401k amount and additional taxes on any interest, dividend, or stock sale. Wake up America your politicians and bureaucrats have squandered you Social Security inheritance and if you are relying on SSI and Medicare – you too are bankrupt.

 

The only real alternative for us average people is to invest in Real Estate. A rental property will pay for itself over time, produce income, and shelter that income from the unrelenting grasp of the IRS. Invest today in your financial freedom; give us a call at MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGE SERVICES (www.aloan2own.com) and let’s put a plan in motion for your financial future. We are the one stop shop for all your EVERGREEN REALESTATE needs. Whether a home of Your own, a RETIREMENT INVESTMENT, an EVERGREEN COLORADO HOME LOAN or an EVERGREEN COLORADO MORTGAGE REFINANCE call us at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com.