Search Results: moves

I plan to Semi retire at 62 but will work until 70. I am currently 57.

Income flows: AT&T Dividends , Social Security (If still there), my lawn Service , Silver Sells , Art Sells, Gold Jewelry sells, Platinum sells, Palladium sells, Rhenium Sells, Nickel Sells , Copper Sells , Lead Sells, Alum Sells , Brass Sells, Bronze Sells , Baseball cards graded and ungraded., Sell Gem Stones (Diamonds, Emeralds, Sapphires, Opals, and Rubies , my Tanzanite is worth $200,000.00 . So I have many Income Flows.

I also have many other items collectible to sell.

Emergency income : Reverse Mortgage on House, Rent a room in house, Yard Sales, I could use truck to move things.

You may need up to $5 million in Assets to retire these days. Inflation will probably get worse. Costs of things will continue to rise.

I started with Baseball cards as a kid and started investing in Physical Silver at age 31 .

Have you started investing yet? Metals, Stocks, Bonds, Art, or Cryptos (I don;t do Crtptos) Jewelry?

If you are 25 and not investing , you are already behind the 8 Ball.

The Average person retires between 64 and 68 now.

There are resources the US must have to move forward. If the US stop trading with other countries or all the other countries stop trading with US , the US economy would fail. We depend on other countries buying our debt , if they stop , all that comes home and causes Hyper -Inflation. The US could survive a depression , we could not survive Hyper-Inflation. There is no one big enough to bail US out.

If US loses Reserve Currency , US can no longer just print money out of thin air. We would lose it because of no trade between US and other countries.

So it sounds great , US all on its own. no need for other countries and we make everything and keep it all state side. It will never happen and we can't do it. Companies can't expand Markets and grow especially because couples are not have kids any longer. That means they can only hire a finite amount of people. Also there will be no need for dock workers with no imports or exports. No need for ships. You won;t need as many trucks or drivers. UPS and FED EX would have to leave US. Small Businesse would go under. Walmart would close 75% of their stores. How would Amazon stay in business? Unemployment would be 50% .

It is a world economy today hate it or love it. US started trading with other countries in 1778 , which is why the US grew and got wealthier.