Baby Boomers, Save Your Retirement

Work for a good company for forty years, save money every month, don't over-leverage yourself financially, invest in mutual funds, diversify, and by the time you are sixty-five, you should be able to retire and live comfortably. Sound familiar? Oh don't forget, "Buy mutual funds because picking stocks is too complicated and difficult for an average investor. Besides, you don't have the time it would take to stay on top of the market and your portfolio."

That is a BIG FAT LIE! In 2007 the market peaked along with the real estate market. Toward the end of 2007 the market began weakening, the real estate flipping frenzy slowed, and in 2008 we saw the biggest stock market crash since the Great Depression. In a matter of months, many Baby Boomer investors saw their retirement plans go down with the market. Some who had plans to retire in as little as five years were wiped out. Today, nine out of ten Baby Boomers don't expect to ever be able to fully retire. That is a shame when so many have worked for their whole lives and the rug was pulled out from under them when they had the finish line in sight.

Not long ago, financial experts said you could retire on $1 million. Then the number was raised to $2.5 - $3 million. Today, if you make $200,000 a year, you need $5 million to retire and maintain your lifestyle. What if you don't make $200,000 a year? Most advisors will say you will still need over $1 million to have a shot at retiring comfortably. The problem is that most investment advisors focus on the number. Chris Kidd focuses on the cash flow. In fact you can retire with much less, if you can create the cash flow needed to sustain your lifestyle. Chris will teach you how to do that.

Your dreams of retiring comfortably are not over. However, time is running out, and if you want to rebuild, grow, and protect your retirement portfolio you are going to have to do things differently than you have in the past. The days of being a passive investor, where you just put your money somewhere and come back to check on it in twenty or thirty years are over. Now is the time to take control of your financial future!