According to founding father Benjamin Franklin, only two things in life are certain: death and taxes.
But there’s something Americans fear worse than both…
According to career advice firm Zety, 40% of Americans fear retirement more than death. For respondents under the age of 39, that number leapt to 52%.
The main culprit behind this disturbing survey: the erosion of purchasing power.
From Zety:
It’s well documented that wages have stagnated in recent decades and that youth unemployment remains stubbornly high. So for younger people already facing economic uncertainty, it’s no wonder that they have magnified fears about retirement.
And though retirement is a significant fear for them, many younger people don’t even think it’ll happen. They’re actually just as scared of not retiring at all.
It’s not just young people who are worried about retirement.
According to the Transamerica Center for Retirement Studies, 40% of baby boomers say they haven’t saved enough for retirement.
The estimated median retirement savings for baby boomers is $202,000.
Based on the 4% Rule – which suggests the total amount you should withdraw from retirement savings each year – this would yield an annual retirement income of $8,000 per year.
If you can’t imagine living off just eight grand each year, we get it…
Millions of Americans are struggling with retirement. And if you’re one of them, it likely means you haven’t reached your Freedom Number.
According to Daily editor Teeka Tiwari, it’s the amount of money you need to live the life you want.
Financial freedom is the ability to pay off your mortgage… cover your child’s college tuition… take a dream vacation… gift your spouse a special gift… or donate as much as you want to the charity of your choosing.
For those at or near retirement like baby boomers, it means not relying on a fixed income… or not having to decide whether you can only afford food, medicine, or rent this month.
Now, each person is unique. So all of us have different Freedom Numbers. But if you want to achieve it this year, Teeka says you need to think outside the box.
And in our view, the best outside-the-box idea right now to help you reach your Freedom Number is crypto.
Since 2016, 27 of Teeka’s crypto picks have jumped at least 1,000%. No other newsletter editor can boast that.
But according to Teeka, on January 10, our government has set a deadline that could trigger the biggest wealth-building opportunity in the history of crypto.
That’s why on Tuesday, January 9, at 8 p.m. ET, Teeka is holding an urgent strategy session called Freedom 2024.
During this briefing, Teeka will tell you what this opportunity is… And why it will give millions of everyday folks just like you the chance to hit their Freedom Number.
If you want a chance to reach your Freedom Number in 2024, you have to focus on this subsector of the crypto market that accounts for less than 1% of all coins.
So jot down your Freedom Number.
Then click here to join Teeka on Tuesday, January 9, at 8 p.m. ET.
And as a bonus, if you enroll in Teeka’s free VIP reminder alert service, we’ll send you reminders to make sure you don’t miss his upcoming strategy session.
This is very important because when you join on January 9, you might have less than 24 hours to act. If you wait and just watch the replay later, it could be too late.
Plus, by becoming a VIP, Teeka will give you free access to the first step in reaching your Freedom Number… You’ll get a brand-new report called How to Get Free Ethereum With One Click.
Inside this report, Teeka will tell you about a website that can put you in a position to get free Ethereum with just one click.
So set aside some time to join him. And as we count down to Tuesday at 8 p.m. ET, catch up on this week’s articles below…
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily