I don’t have to tell you, retirement in America has a real problem. The overwhelming majority doesn’t know how to save money, Social Security is in trouble, and costs are going up. Here are some things that you should know about retirement to hopefully help you save smarter for retirement.

1. Social Security could become less. The nation’s social Security is actually running out of money. And this money is running out quickly. Social Security is projected to bring in $77 billion dollars less than they are bringing in each year until 2018. Social Security is not what you should lean on during retirement. With the system in trouble, it’s really important to save money outside of it.
2. You will have medical expenses. A lot of retirees think that Medicaid will cover all of the medical expenses you may have. That is simply untrue. There are some things that aren’t included at all, such as eye exams and glasses and dental care. This means you may have to save more money than you originally thought.
3. You’re probably not doing a good job of saving. In some recent studies, it was found that over 88% of Americans are not sure if they’re going to be able to continue a standard of living well into retirement. To put that into simpler terms, that means 9 out of 10 people feel this way. But to make matters worse, 34% of American workers have no retirement funds at all.

Of course it’s not easy to have a worry-free retirement when you’re retirement nest-egg is still invested on the risky stock market. On-going fees and commissions along with the risk and corruption that exists within the financial industry could cost you a great deal of your retirement savings…money you can make up if you’re already in retirement and not working. Get educated on the exclusive Crash Proof Retirement System- guaranteed to protect your principle so when the market crashes, your accounts satay event, but can also be designed to generate income and take advantage of market increases. Start your education today by calling 1-800-722-9728 or go to Crashproofretirement.com and register to attend a no-cost/no-obligation educational evet with the creator of the proprietary Crash Proof Retirement System: Phil Cannella.

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