Did you know the vast majority of Americans have under $1,000 saved and half of all Americans have nothing at all put away for retirement?
“Nearly half of families have no retirement account savings at all,” the Economic Policy Institute (EPI) reported, even in savings vehicles such as IRAs and 401(k)s.
And, according to a 2016 GOBankingRates survey, 69% of Americans have less than $1,000 in their savings accounts and 34 percent have zero savings.
That's a big chunk of the US population headed for disaster in a few years.
And it's not just the older crowd.
Even millennials are having a tough time just making ends meet let alone save any money with rising costs and wage stagnation.
So, let's try to answer two questions I'm sure you have right about now.
This is a great guide courtesy of JP Morgan. It shows you your savings target based on your age and current annual income.
If you are 55 and make $100,000 a year you should have 6.9x your annual income saved for retirement – $690,000.
If you are 35 and make $75,000 a year you should have 1.6x your annual income saved for retirement – $120,000.
Now take a look at the model assumptions on the right of the chart that show the rate of return you should be earning.
If you have some catching up to do, how are you EVER going to when your money is only earning 6%?!
Spoiler Alert: You aren't.
Even if you have a decent savings and are starting young, you still won't have enough to retire if your money is making that small of a return.
The perfect example of this is my niece, Marina.
Marina is 24 years old and has $225,000 in a trust fund as a result of her Mother dying tragically and unexpectedly when Marina was 18.
Marina's grandfather set her up with a financial advisor at Wells Fargo to manage and grow her trust fund.
In 2017 her investment portfolio return was 2.3%.
2.3% during one of the greatest bull markets of all time.
Her financial advisor made more on her account in 2017 than she did!
I felt bad telling her that my portfolio had returned close to 200% in 2017. (I wasn't kidding when I said I was going to pump up the jam!)
So, what's the answer?
Typically in order to get a high return in your investments, you have to take high risk. High risk/high reward.
And usually the converse is also true – that in order to reduce your risk, you have to reduce your returns. Low risk/low reward.
But I call BS on that.
We specialize in identifying (and testing) low risk/high reward opportunities aka asymmetric opportunities so that we can generate a big return without taking a big risk.
For example, in May 2017 we began investing in cannabis stocks.
Now, most people would think that's really risky especially since most cannabis stocks are penny stocks.
But we built a portfolio of cannabis stocks (our pot-folio) that produced realized gains of 300.67% in 2017.
The cool thing is that I didn't have to sell off all my shares to make that money.
I just sold a few shares of my big gainers (one stock in the pot-folio gained over 500%!) to reinvest in other alternative opportunities and the remaining stocks are still producing gains!
So, if you’re already retired, or retirement is on the horizon…
Or if you’re still struggling to recover from the 2008 crash…
Or if you are suddenly realizing how underfunded your savings is…
Or even if you’re just trying to generate some extra income so you can take an epic trip or fund college for the kids…
… then I'd love to show YOU how to build a perfect portfolio for income now.
Here at the Investor Insights, we focus on alternative investing strategies in real estate, stocks, options, royalties, peer to peer lending, crowdfunding, private hedge funds, and more.
Here's just a sample of what we've accomplished from our investment model:
If this sounds good to you, then I'd love to have you join us here at the Investor Insights.
Our process is simple.
Look, you don't want a greedy investment advisor to make more with your money than you do like my niece Marina.
And you can't afford to just throw your hard-earned money into a robot-managed index fund or subject yourself to the volatility of the stock market because who knows when the next 2001 or 2008 will wipe you out.
What you need is to get started TODAY investing in alternative assets so that you can capture a healthy, low risk/high return.
We have a plan to get you there. The only question is are you ready to take action?