In this off script episode, I get real about the lies they tell you about 401Ks, IRAs, Superannuation funds, etc. I explain what they promised and what was delivered and why it is far from optimal for retirement vs. residential rental real estate properties.
Remember 2008? Banksters created an illusion that housing prices could keep going up and up because they artificially fueled demand by creating a new customer base of people who got mortgages that previously would never have qualified.
Today it all came to a head for me when I saw this... I think we have officially become a failed state. And I blame the hypnosis of the US Media for much of it.
Statistics don't lie. We are living longer, but just not as long as you would expect. The US Male average life expectancy climbed from 74 years in 1980 to 76.1 years in 2018. Pretty pathetic considering over that time period we spent 10x as much on healthcare. Clearly relying on your doctor and the medical system isn't enough to increase longevity. Here's a methodology that you might be interested to know...