“The planter, the farmer, the mechanic, and the laborer… form the great body of the people of the United States, they are the bone and sinew of the country men who love liberty and desire nothing but equal rights and equal laws.” — President Andrew Jackson
In wrapping up my thoughts to which I have poured into this book, I have given you 41 years of my experience, education, and wisdom in the financial services industry, plus another 22 years as an entrepreneur, now I want to summarize some of the important financial strategies presented in my book: Eleven thousand "Baby Boomers" are signing up for Social Security on a daily basis, and by 2035 over 140 million Americans will be over age 65 demanding Medicare and Medicaid. Plus, our changing demographics and immigration problem. I recommend repositioning your taxable money to tax-advantaged money using Privatized Family Banking. I believe taxes have got to increase after 2026, if not sooner. We already have a $35+ trillion national debt, over trillion-dollar deficit. We have an aging population and a decreasing workforce. One should never have their money exposed to market risk without having it protected against market losses and management fees. Any financial strategy that does not protect your accrued earnings and principle can create major losses in a truly short time. Think back to the last decade for a reality check. Re-read pages 40. Whenever possible, eliminate management fees from your retirement account. You should always factor inflation into your retirement calculations. You'll be sorry if you don't! Always be involved with management decisions concerning your money. Stay in control!
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