8. Save $1 Million for Retirement: Blunders to Avoid

Welcome to RIGGED, the podcast that helps you RIG the wealth game back in your favor. I’m Terry Sacka.

And how do we do that? Two ways. By arming you with knowledge of the wealthy and through diversification into tangible assets. I’m speaking of precious metals such as gold and silver, which are true money and have held their value throughout history. Gold and Silver can be purchased outright and shipped to you, held in a private storage vault and even bought through your IRA or 41 K retirement account. If you’d like to speak to a wealth management specialist right now about building wealth through tangible assets, call us at (888) 747-3309 or visit CornerstoneAssetMetals.com. Make that call that will change your life and your perspective on wealth. Call (888) 747-3309 or visit CornerstoneAssetMetals.com.

Today we’re going to talk about how to save for a $1,000,000. This is Segment Four. If you haven’t heard the previous segments, I would encourage you to go the RIGGED podcast. Go to CornerstoneAssetMetals.com/pdocast and hear it and get the other three we left off with. Talking about IRAs, the differences of each of them in what you can do with them. I would like to outline a few more points that are important if you want to say for a $1,000,000 in retirement and then I want to tell you about blunders to avoid. So today would be more important about the blunders, I think, than anything else because we all make them. And it’s really important if we follow some of these guidelines. I know a lot of financial advisors. They get really technical, but I like to put it in more of a simple form where it’s just matter of fact, if we just follow these kind of guidelines and take them seriously, we can actually have a moderate income and make a $1,000,000 by retirement. So another point I want to make is  downsizing when you get older, if you have, if you mortgages pay for, because maintenance and upkeep and taxes can save you a fortune. So if you do end up having a family early on and the kids are all grown up and moved out.

Really Take a look at downsizing. I know so many people who get very attached to the home that they live in. But the fact is, if you do not have a retirement already set aside that you’re comfortable with, you want to really consider downsizing because minutes up keeping taxes add up year over year over a 10, 15 year period. And so you really as much as we don’t want to. You really want to consider that because it will dramatically change your outcome when you get into your seventies. Another point is, if you can move to a low or no income tax state, this strategy will pay huge dividends in the long run if you can. There are great no income tax states like Texas and Florida or low income tax states, because you really taxes are huge. They are definitely the enemy of your wealth. And if you can get a brown that you’re going to want to do it now. Another thing in the final one I want to make a point on is, of course, toe have $1 million by retirement. You would need we talked a lot about this and we started out in our twenties and in your twenties. If you’re making $35,000 annual salary, you know the median household income. Marie now is around 50,000. But if you’re doing that, you’re gonna want to work together with a spouse or double your income over time to allow you to reach these goals. Because obviously $35,000 if you kept that income for your whole life, it’s just not going to do you a whole lot of good. But just keep that in perspective, because I think you’ll find that you’ll you’ll benefit from obviously either moving towards increasing your income or work together with a spouse. But do it together as a team. Now let’s get into blunders. Blunders to avoid. This is pretty big. Be careful not to pay excessive fees on advisory services or products

I know we talked about IRAs in Segment three. A lot of folks, you know, say well, you know you’re gonna pay $200 in annual or something in A and the IRA or whatever a feet could be, and sometimes they don’t want to do that. I’m thinking, well, if you just look where you’re  you’re paying fees and commissions annually than you ever will in that kind of IRA. So just be careful. Be careful of not to pay excessive fees on advisory services or products. Number two is. Do not ignore inflation. Inflation is huge. And don’t pay attention to the inflation numbers the government puts out or, the economist put out. Most economists this day are trained by the Fiat universities and Fiat currency is fake. It’s not real. It’s not real money. So don’t ignore inflation. They keep trying to tell you, because we’re in Keene’s and economics that in two or 3% inflation is normal and it’s good. No, it is not. It actually is robbing you of wealth. Have investments that keep up with inflation like gold and silver. Don’t fall for products that, in reality, pay at or below real inflation figures. And if you would like to see what real inflation looks like, you can go to a website, http://www.shadowstats.com, and they’ll guide you through the past and mainstream lies on inflation, because in the nineties they actually changed how the matrix and how the algorithm work towards calculating inflation. They would just take certain things out. There were high and put in certain things that were low. And we call this day the CPI. We actually call it the CP lie because it’s just not true. It’s not a true measure. Back in the early nineties, definitely the eighties early nineties, we were doing actual real economic models. Today, folks, you have to understand this is all fake.

The whole system is RIGGED, their cheating at every level. The accounting books aren’t real. They’re allowing them to move things from one side of a county letter to the other. They’re shifting things, changing rules. It is rigged. You have the government even seen. Now they’re gonna go buy stocks and E.T.F’s. And the whole thing doesn’t work. Trust me, there is not a lot about the financial system that’s real. So I do get investing in the market. But just know, with all of your money, that’s not wise. That’s why taking a good portion of it and going into tangible assets right now is very important because inflation is extremely riel and it’s a lot more than they’re telling you and they’ll say, Well, look at gas or look at this and see the problem. But I’m talking overall rent medical insurance and I could go on and on and on where products used to cost nothing and now cost a fortune Where an automobile used to cost $7000 new now is 20 and 30,000 new. So never underestimate inflation. It is the biggest killer of wealth, and you need to have investments that protect you from inflation and not the numbers financial advisors tell you, cause they’re all fake. They’re not really They’re not calculated correctly. Number three is don’t rely on common knowledge. We live in a very deceptive world where our reality is very separate from the truth. Take information gathered in the mainstream and dig deeper to the truth. You appreciate the rial nature off all perspectives. It can read to be depressing to some extent when you realize that the truth is what the real truth is. But it will be rewarding to know I find in the kingdom many just don’t want to hear.

They just want everything to be okay. Well, I hate to break the news to you. It’s just It’s just not like that. We have run a cycle we have run decades of, of cycle of a system in the last one was the China trade that’s over. The American dollar is not what you think it is, and you have to dig deeper. And I was looking at this way as a watchman on the wall. I would rather know the truth, even if it’s depressing, because I can just prepare. And if you prepare yourself instead of living in a dream or fantasy world, if you prepare yourself for the reality on the ground, you’ll be better off in the future because at the end of the day we can’t stop it. But I sure would like to do something about it now. Then wake up and go, go. I wish I would have done that. How many people wish they had extra toilet paper? How many people wish they had extra food supplies during this plandemic virus? I know how many people wish that they actually prepared more. They used to tease people who were preppers, and the preppers turned out to be the smart ones. Same thing with knowledge and information because right now, folks, it is not real out there, and much of it is skewed. Number four is. Be careful trying to time the market. Most global markets these days are extremely manipulated, so a conservative long term approach is paramount. Avoid the hype. Get rich quick or fast talking brokers. The fact is, over the last 20 years, gold has dramatically outperformed the markets, period. Avoid brokers telling you otherwise. They cannot. Stockbrokers can not invest in physical assets, so they try to steer you away from those like gold, that have proven over time to be the place to be. And I’m going forward. It will be no different.

Pay attention. The warning signs, like Smar tMoney shifts, is big money managers when they shift out or do something. Watch that we were warning on the wealth transfer program months and months in advance before the stock market crashed. Now they contribute to crash to the virus. But folks, it was already crashing. In November, the banks were being bailed out in the repo market to the tune of hundreds of billions. We were showing Smart Money graphs and charts showing smart money was moving out of the markets months ahead of the crash. They knew it was coming. So be careful with that and know that Smart Money shifts. You should shift excessive imbalances. Avoid mainstream talking heads. More often than not, they miss completely all the warning signs and imminent crashes. When an imminent crash is coming, they just miss it. Number five. Stay away from annuities. There wasn’t time 25 years ago when this made sense, but today they hidden inflation figures. Make annuities a death trap to your savings into your future inheritance to your Children or Children’s Children when they don’t tell you is the interest they guarantee you is eaten up by the high cost of fees. And definitely avoid annuities nowadays, they do not keep up with current rate of real inflation, and that’s very, very important. So I’m gonna end of right now for today on the annuity side because I want to get a little deeper on that just to give you some real information on why I understand the guarantee of oven income. But you can still arrange toe have that without being at risk of being destroyed by inflation. So until next time, God bless each and every one of you, we’ll catch you up.

 

The world is at a tipping point. Our fragile food supply is being destroyed by locusts and fires. A global viral pandemic is collapsing the economic supply chain impacting financial markets all around the world, leaving you and your finances more vulnerable than ever. Now is the time to protect and preserve your assets. Cornerstone Asset Metals is here to help you protect and preserve what you’ve worked so hard to gain. Whether you have IRAs to protect for a one case to preserve or cash in the bank, our asset specialists are here to support you. Call now, and we’ll send you urgent information regarding changes to the dollar and the challenges to our economy that you need to be prepared for. Learn how easy it is to roll over your current IRA or 401K into a physical precious metals IRA. We can even arrange to have your precious metal stored in a private vault or send it directly to your home. Do not delay. Call (888) 747-3309 today that’s (888) 747-3309 Invest in precious metals and create security in your future today. Call now.