Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:

Fed Accelerates The Destruction of Your Savings and Fixed Pension -- Your $500,000 Nest Egg Cut to $250,000 Over 25 Year

% of readers think this story is Fact. Add your two cents.

They jacked up their “Inflation Targeting” to 2.8% from 2.0%.    This “plan” will destroy everything you saved for even quicker.    I did the math.    Check it out.

My total OP

You think you need $70,000 to live an OK retired life at 60YO.    At 85 your savings will require at least $140,000 a year.   

Divide by amount saved.

Really glad you did the “disgust” early retirement?


 Y’all Non-Workers out there.   So you tried to retire just because you were sick of it all… you jumped the gun and that felt good for a while.    Then they rolled you with 25% inflation in just months.

Now they increase their “inflation targeting” from 2.0% to 2.8%.   The Table shows both figures.

This is theft.    These great systemic lies should be well known.   And push back should be appropriate. 

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.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Load more ...




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.