I don’t want to alarm you, but most of your coworkers and peers will be shocked by the time they get to retirement and find there’s nothing left.
The Social Security Administration has predicted that all its trust funds will be depleted within the next 10-15 years.
These are YOUR retirement funds we’re talking about, but I’m going to show you how you can ensure that you’ll have a comfortable retirement, even if everybody else is suffering…
I’ve already come to the conclusion that there’s no convincing you to completely get rid of your 401k, but the least you could do is hear me out with what I have to say.
The best piece of advice I could ever give you would be to cut your 401k contributions down and use that money to take control of your own future.
I’m not talking about doing anything to complex or financially burdensome.
What I’m about to show you can be done with the click of a button or by picking up the phone.
I’m talking about trading exchange traded funds (ETFs) in order to pay for your retirement…
Think about it: your 401k manager has divvied up your contributions and probably split it into some form of x amount in bonds, y amount in stocks, and z amount in money markets and commodities.
Within the ‘stocks’ part of your contribution there are ETFs being invested in with your money.
An ETF is a basket of stocks that you trade with a single ticker.
The thing that really bothers me about 401k accounts is that you can’t access your money until you’ve reached 65.
So, when you hear things like “social security is disappearing,” all you can do is wait around and hope that all your hard-earned savings are still in your account when you reach retirement.
If you were to split your contributions so half your money goes to your 401k and the other half goes into carefully selected ETFs, you’d only have to worry about half your money disappearing.
Again, I’d suggest taking your whole contribution amount and putting it in ETFs and commodities, but that’s just my opinion…
If my technical analysis tells me that there’s another 2008 on the horizon, I can access all my money whenever I want with a single call to my broker.
Now, in case you decide to take my advice and shift your contributions into ETFs, I don’t just want to leave you investing in some barely-profitable stocks.
I want to hand you some ETFs that’ll really get you excited for an early retirement.
My favorites of these retirement ETFs are:
- The Vanguard High-Dividend Yield ETF (VYM) – this ETF is made of 400 stocks (including some trustworthy blue-chips) and it pays out a nice dividend of 3.1%.
- The PowerShares Buyback Achievers Portfolio (PKW) – this ETF tracks the stocks that actively buy back shares (which is representative of strong company growth).
- The Vanguard REIT Index Fund (VNQ) – this ETF tracks the real estate market which is a must-have during our current market.
These 3 ETFs give your retirement portfolio enough diversity to profitably surf through any kind of market AND you’re able to liquidate your holdings whenever you feel.
As anything within the stock market, it’s important that you open your positions at the perfect moment.
Our Midas Premium subscribers will know what I’m talking about… after all, we did just cash in an 18% gain within 1 month…
A gain like that becomes 216% when annualized, which would turn $1,000 into over a million in 10 years.
Consider your options here.
Option #1 – Continue to blindly shovel 100% of your retirement contributions into your 401k.
Option #2 – Put half your contributions into your 401k, while the other half goes into ETFs for some healthy gains.
Option #3 – Take all your contributions and put them into an ETF where you’ll find electrifying gains like the 216% annualized one above, and retire into a life of luxury.
It’s up to you.