Dear Friend,
brace yourself
It's official.
Even the US Government admits that starting today, September 30, Social Security will shell out more cash than they're taking in. They're in the red, this year and next.
And permanently losing money, according to the Social Security Administration's August 5, 2010 Trustee's report, staring as early as 2015.
That's very bad news if you were counting on those checks as a safety buffer in retirement. Cuts in payouts, a rising retirement age, and a hike in your wage taxes are sure to follow.
But while that plan breaks promises, did anyone ever tell you about the "other" government-backed income "program" that faces none of those risks, because it has nothing to do with Social Security?
It's worked incredibly well for participants since 1972.
And everyone has the right to collect. Payouts for you could total as much as $120,000 per year, provided you act quickly.
I show you exactly how in our brand new free video presentation.
You can check it out right here...
Sincerely,
Ian Mathias
Income Specialist for The Daily Reckoning
Thursday, 30 September 2010
Posted by Britannia Radio at 20:10