With An Economic Collapse Likely, Should You Still Invest In A 401K?
You don’t need an advanced economics degree to figure out that the global economy is in some pretty big trouble. The market crash of 2008, in my opinion, was only a brief preview of what’s coming in the next few years.
You can call it an economic collapse; economic shift or any other name you want to, but the fact is that the US economy simply cannot sustain itself much longer. We’re running on borrowed time and far too much borrowed money. Continued economic manipulation by the Federal Reserve and Washington has pretty much guaranteed that the dollar will continue to lose its value at an alarming rate.
What this means for common Americans is that the cost of pretty much everything is going to continue to rise and will continue rise sharply year after year. For most Americans, household incomes will not be able to keep up with the rising costs of living and before long; the middle class is simply going to cease to exist.
After 2008, people are worried about their investments and whether or not they will even have enough money to live on after retirement. This is not only a justified fear, but it’s probably much worse than most people even realize.
Many Americans have invested in 401K retirement plans for years to prepare for retirement but does it still make financial sense to continue to put money into a 401K when we’re on the edge of one of the worst financial disasters in history? Today we’re going to weigh the pros and cons and find out.
Should I continue to invest in a 401K account?
The Pros
- 401K accounts are still one of the few tax-deferred investments left. It’s taken out of your paycheck pre-tax and you are only taxed on the lump sum or payments that you receive once you retire.
Click here to read the full article on All Self Sustaiend
Share this article • Facebook • Twitter • Pinterest • Reddit • LinkedIn • Google • Add to favorites • RSS Share on Facebook
Source: http://www.allselfsustained.com/with-an-economic-collapse-likely-should-you-still-invest-in-a-401k/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
