My biggest fear, along with most Americans, would be whether we will outlive our money in retirement or have enough money to retire. As long as our government lives on separate terms from the people it governs, I anticipate that millions of Americans will experience financial conflict later on. Most Americans really think that Social Security will be enough to get them through their twilight years. Personally, I think Social Security won’t exist for most of us and if you depend on Social Security to support you through your twilight years, you’ll find that it won’t be enough. Social Security was only created to subsidize your investments, retirement plans and/or savings. It was not created to act as a retirement plan.

Since I’ve had the luxury of being affiliated with the banking industry for over 30 years, I’ve seen thousands of senior savings accounts that had less than $10,000 in them. I spoke in Northern California in 2004, where I mentioned that many of the jobs that children and young teens used to hold would no longer exist because older people don’t have the money to retire. I laughed at the stage for 6000 people. Who’s laughing now! There are no more newspaper delivery jobs for children due to older people now filling those jobs. I also said that most fast food jobs along with Walgreens and CVS jobs would no longer be filled by high school teens and would be replaced by seniors just look around and tell me its not happening right at in front of your eyes. People don’t laugh anymore. I also told people at that seminar that I anticipate tens of thousands to millions of thousands of homeless people in the next 10 to 20 years.

You might want to take note of the thousands of people who set up shop under freeway ramps across the country. They live in tents and shower in fast-food restrooms. This is happening in the greatest nation on earth. You can keep looking the other way but pretty soon you won’t have anywhere else to look. If the government doesn’t do something very soon, everything they know will end abruptly.