“Retirement? Good luck with that.”

Occasionally I’ll surf the web, read up on celebrities (aka the latest Tiger updates) or watch highlights on the gold medal winners on the Olympics. However, as I was scrolling down the MSNBC.com website, my eyes drifted a little to the right to a headline link ” Retirement? Good luck with that.” So much sarcasm in that one line! A little bit curious, I clicked and started reading.

“…It’s not just investments that are the problem: Social Security needs financial resuscitation, and the bursting of the housing bubble that helped spark the financial crisis vaporized the home equity many people were counting on to fund their golden years. Corporations are curtailing traditional pensions, and older Americans are being forced to work longer to make up the difference…Ask a middle-class American when he plans to retire, and more often than not you’ll get a wry chuckle and “I’ll be working until I die.” The attempt at humor masks what may be close to reality for some people.”

And then the key question comes up. “Where does this leave our retirement plans?” Really. Where does this leave our retirement plans? A collective $2.8 TRILLION disappeared from 401K and IRA assets in 2008 alone. Those of us who were little by little putting money away into 401K’s and IRA’s have lost faith in the system and are now trying to scramble to find ways to make up for that substantial loss. If you know any of us at REIC, we don’t believe in the traditional retirement methods so popularly advertised around the country (ex: 401K’s and IRA’s) . In fact, most of us don’t have one. And if we did, we liquidated that sucker and put it in real estate, but not just any real estate. The Strait Path Program. The proven system takes the least time, effort, and risk, creates the most value for society, and generates the greatest profits than any other strategy. It’s proven to work in every market, especially down markets.