The Best Website for Your Retirement
The Best Website for Your Retirement
The Shocking Truth About Global Economic Decline and How to Retire Rich
The largest countries in the world are in total decline. Birth rates are falling, and this implies that economic growth will be slowed down.
In fact, the period that really experienced the greatest economic growth was in the post-war era, when a baby boom occurred.
Every dollar that entered the GDP of countries produced greater growth. Today, this number is at a minimum in the last 200 years. It seems logical when money is free and is given away by central banks.
The biggest consequence of this will be that many countries will not be able to afford to retire their inhabitants, or worse, there will be many inhabitants who will not be able to retire due to the lifestyle they led.
Doing an exercise to know when we could retire and what our probability of ruin is, is key.
There is a completely free tool that I use to run Monte Carlos (or rather, all possible scenarios) to be able to see what income (linked to inflation) I will have the day I retire and what estate my children could be left with.