Emma’s Note: Emma Walsh here, managing editor at Rogue Economics.
With near-zero interest rates, the days of saving for your retirement are long over.
And even if the S&P 500 rises 20% per year for the next five years… it won’t be enough to set you up for the retirement life you want.
So, if you’ve worked and saved all your life and still aren’t where you want to be financially, colleague Teeka Tiwari’s event next Wednesday, September 15 is a must-watch.
Teeka will reveal how you can potentially turn $1,000 into a life-changing fortune… in as little as 10 months.
So before you read Teeka’s guest essay below, be sure to reserve your spot for his free “Catch Up Coin” Hyper Boom event here.
For too long now, American workers have been getting a raw deal…
Not so long ago, retiring with a comfortable nest egg took some time, but it wasn’t impossible.
That’s because from the late 1960s to 2007, the average interest paid on a 10-year government bond was 7%.
If you worked hard, put money away in a bond portfolio, and reinvested your interest, $100,000 in bonds would grow to $750,000 in 30 years. By the 30th year, you’d have been earning a comfortable $52,500 per year.
Not champagne and caviar money… But certainly enough to have a dignified retirement.
All of that ended when the Federal Reserve decided to wage a “war” against declining stock prices during the 2008 financial crisis.
In its frantic efforts to save the stock market, the Fed cut interest rates to near zero.
Then, it printed $3.6 trillion in new cash to buy back distressed bonds from its banker buddies.
This was not a victimless crime.
You – the American saver and future retiree – got screwed.
How? Remember how $750,000 in bonds would give you $52,500 a year in income?
Today, because rates are so low, instead of making $52,500 in annual income, you’ll now make about $9,600. So you’d now need $4.06 million in bonds to equal what $750,000 in bonds would’ve paid you before 2008.
Don’t believe the Fed when it says the current bout of inflation is nothing to worry about… How can you not worry when it takes 5x more money to maintain the same lifestyle you would’ve had 20 years ago?
Here’s my point…
If you’re looking to fund your retirement from bonds, those days are long over.
You can’t even buy a cup of coffee with the paltry interest you’ll earn on your savings.
And if you’re waiting for the stock market to bail you out… I’m afraid you’ll be waiting for a long time… Time you probably don’t have.
If you want to bridge the financial gap between your current life and the life you want… in as little as 10 months… you need to think outside of the box.
The Stock Market Is No Longer Enough
According to a recent survey by investment firm Charles Schwab, the average American worker believes they’ll need to save at least $1.7 million to retire comfortably.
However, the average American in their fifties only has $203,000 in retirement savings.
That’s a $1.5 million gap. Many workers are making the mistake of believing the stock market will bridge that $1.5 million gap.
I have some bad news for you.
Even if the S&P 500 rises 20% per year for the next five years… it won’t be enough to bridge the gap between the life you have and the retirement life you want.
Let me explain…
Since 2008, the S&P 500 has averaged 10% gains annually. If you put $10,000 in the index at the start of the bull market, it’d be worth $66,900 today.
This is one of the longest-running bull markets in history. And it would still take you 54 years to save $1.7 million.
Even if you got lucky and invested in the biggest tech stocks over the past five years, you still wouldn’t come close to a comfortable retirement.
For instance, since 2015 to date:
Facebook has returned 417% – enough to turn $10,000 into $51,748.
Google has returned 487% – enough to turn $10,000 into $58,737.
Netflix has returned 1,167% – enough to turn $10,000 into $126,787.
Don’t get me wrong… Those are great returns. Enough to take your spouse on a nice vacation… remodel your kitchen… or maybe put a down payment on a car.
But those gains won’t significantly move the needle on your net worth.
Unless you’re already rich and willing to risk massive amounts of money… you can’t make a fortune in just a few months from investing in the S&P 500 or Nasdaq.
What you need is a way to catch up that doesn’t put your current lifestyle at risk.
It’s Not Too Late to Catch Up
Middle-class families are getting squeezed as living standards drop… Expenses are going up… And retirement dreams are just that – unfulfilled dreams.
It seems like the everyday person is getting the short end of the stick.
So if you feel like you’ve been left behind and it’s too late to catch up, I understand.
That’s why my mission is so important. I’ve built my newsletter career on helping everyday Americans find a way to safely bridge this retirement gap without putting their current lifestyle at risk.
Unlike Wall Street, which tells you it takes decades to reach your financial freedom… I’ve always brought my readers research that has helped accelerate their wealth-building.
And the best way I’ve found to help you catch up is with what I call “Catch-Up Coins.”
Over the years, my readers have had the chance to see gains of 36,652%, 48,371%, and 156,752% in an average holding period of just over three years.
That’s enough to turn $1,000 into $367,520, $484,710, and $1,568,520, respectively. So with three coins alone… you’d earn enough to live a comfortable retirement.
If you’re reading this and thinking, “Teeka, I should have listened to you when you first recommended these catch-up coins… Now, it’s too late. The train has left the station”…
…I have some good news for you…
An unprecedented event is about to trigger what I call a Hyperboom in these “Catch-up Coins.” And on Wednesday, September 15 at 8 p.m. ET, I’ll discuss the details on six coins set to skyrocket during my first-ever “Catch Up Coin” Hyper Boom event.
The Hyperboom will be like a barrel of TNT… on top of a crate of nitroglycerin… on top of 100 tons of weapons-grade plutonium… exploding these six tokens higher.
I’ll also reveal – for free – the name of my No. 1 Catch-Up Coin to those who attend.
It’s a coin I have never publicly revealed before.
I’ve given away 10 tokens at events like these – every one a winner. And if you showed up just for the free coin, you could’ve made an average of more than 17 times your money. So just attending this special event with me could be the best investment you’ll ever make.
Friends, no stock or stock index in the world can move fast enough or far enough to bridge the gap between the financial life you have and the one you want.
So, if you’ve labored all your life and still aren’t where you want to be financially… I want you to join me on Wednesday, September 15, at 8 p.m. ET. (It’s free to attend.)
And I’ll show you exactly how this rare chance can help you go from where you are in life… to where you want to be… in as little as 10 months.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. In addition to getting my No. 1 Catch-up Coin during the Hyper Boom event… you can also receive my complimentary bonus report, How to Earn Free Bitcoin, if you become a VIP. Click here to learn more…
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