How Demographics Affect Your Retirement Plan
How The Family Banking Concept will make your Financial Future predictable…
What if you knew what was going to happen in this country during the next 3,000 days? With this knowledge you would be able to make better decisions about where to put money. You would understand why creating your own bank without taking on any risk can such a great financial tool. If we could actually predict the future based on facts we have available to us, how important is that for you to know?
Good news, we can actually make some predictions based on the demographics in our country. Between the years of 1946 and 1964, 80 million people were born. This generation is known as the baby boomers. Starting January 1 of 2010 the first baby boomer turned 65 and they will continue to do so at a rate of 10,000 per day!
Look at this in CONTEXT, there are already 38 million retirees (more than we have ever had) in this country drawing Social Security and Medicare benefits. Over the next 20 years we will easily see that number increase to 50-60 million people. Where do we get the money to fund Social Security and Medicare?
According to numerous government sites, our unfunded liabilities for these future programs look something like this. 17 Trillion, yes TRILLION dollars in Social Security benefits, 35 trillion dollars in the drug prescription program for seniors and 75 trillion in Medicare costs! These numbers are scary and changes to these programs to make them work are not happening quickly enough.
This is not to scare you but to inform you that we can predict certain things about future economy based on demographics. We can show you how to make wiser choices with your money that will create tax benefits to you and provide you with a safe place to store money that is not subject to the loss the market WILL have.
“Knowing how to become your own banker…”
Knowing how to become your own banker can provide amazing peace of mind in the difficult times ahead. Learning the truths taught by The Family Banking Plan advisors is life changing when you consider where these demographic trends are going to lead.
Consider what knowing about demographics might mean to your children and grandchildren. Just imagine if you could outline clearly what the long term trends were for the next 20, 30 or even 50 years. Imagine how you might be able to guide your children? What if you and your entire family knew that by using the infinite banking concept, you would be completely in control of your own money, never again at the mercy of the traditional banking system.
If the next 3000 days is going to be anything like the government is admitting, we believe that you need a back up strategy, and part of that back up strategy is creating your Family Banking Plan.