sport football: Cat Food or Caviar in Retirement?

September 18, 2024 | Listen Online | Read Online

Cat Food or Caviar in Retirement?

Do you want to live to 100?

If you're like most people, the answer is yes.

According to a survey from financial services company Corebridge Financial, more than half of Americans (54%) say they want to live to 100.

Thanks to modern medicine and science, life spans are increasing at an unprecedented rate. And the 100-year-plus age bracket is the fastest-growing in the country.

Think about that for a moment…

Right now, there are over 100,000 centenarians (people over 100) in the United States. That's nearly triple the number from just 30 years ago.

The Census Bureau projects that number to quadruple over the next three decades.

If the population continues to increase at its current rate, the U.S. will have nearly a half-million people over the age of 100 by 2055.

Some of you reading this will live to 100 – or longer.

That's incredible. You'll have more time with grandkids… More time to travel the world… More time to read books… And more time to spend on your hobbies.

But the scary part is paying for it all.

Those longer years will include additional health care bills… food bills… electric bills… insurance bills… and dozens of other bills.

Friends, if you want to avoid eating cat food in retirement, you have to take action now.

We're living in a unique time when – if you can understand certain aspects of technology – you can completely change the course of your financial life.

As I've been telling you, crypto is the only market I know of that still holds the potential for creating life-changing wealth quickly and with a small starting stake. But it's not easy.

In fact, if you're only holding the top names in the crypto space, you could be setting yourself up for huge losses. Here's why…

There's a phenomenon set to occur I call "The Convergence."

It's a confluence of three catalysts that will remake the leading names in the crypto markets. Those who understand how The Convergence will play out stand to spend their retirement years eating caviar.

Those who don't will be looking at cat food.

I don't want that future for you.

And if you want to take your retirement into your own hands, it's urgent you pay attention to what I want to share with you today…

More People Are Afraid of Going Broke Than Dying

According to the National Center for Health Statistics, Americans who are 65 can expect to live another 18.9 years – or until about age 84.

That's up from an additional 12.8 years in 1940.

Only 9% of people say they're "extremely confident" they'll have enough income to last them through retirement. And over 60% of Americans are more afraid of running out of money in retirement than they are of dying.

They should be…

Because most people don't have enough time to bridge the financial gap between where they are now and where they need to be to live the life they want.

The stock market can't go up far enough and fast enough to bridge that gap. You could get lucky on an individual stock. But you'd have to own a lot of it and your timing would have to be perfect.

And if you were wrong, you really would be doomed to eating cat food in retirement.

Friends, it is never worth risking all you have built for the chance of a better life. Because if you're wrong, you lose everything.

My rule of thumb is to never take risks that put your current lifestyle at risk. It's just not worth it.

That's why I beat the drum so loudly on "asymmetric risk" ideas. They're ideas in which the return potential far outpaces the initial investment.

Asymmetric risk investments aren't risk-free. In fact, they're among the riskiest investments in the world.

The way you tame that risk is by using position sizing. Because the upside potential of asymmetric risk investments are so outlandish, a small position has a shot of turning into a life-changing gain.

I'll be the first to tell you this type of investing is highly uncomfortable.

It flies in the face of the normal advice you get from the media… What your friends tell you… And what your financial advisor tells you.

But ask yourself these questions: Is the world we live in normal? Can you really rely on the old rules of thumb to gain wealth in America today?

Friends, I'll tell you this…

If you don't embrace asymmetric risk investing, you won't be able to bridge the ever-widening gap between what you have now and what you will need in retirement because traditional assets can't move fast enough to keep pace.

I've devoted my professional life to finding transformational asymmetric risk investments for my readers in the crypto markets.

Do I get it right every time? Heck no.

But because we use small ($200-$1,000) position sizes, the losers are not devastating. They are annoying… but not disastrous.

I'm coming to you now because my research suggests we're on the verge of a major shift in the way wealth is created in the crypto markets.

The leadership components of the entire crypto space are about to be remade in a way that'll lay waste to some corners of the crypto space – while catapulting a little-known subsector of crypto to all-time new highs.

But this sector of crypto is weird. It's difficult to understand. And when ideas are difficult, our brains shut it down. Think about bitcoin. Today, it's an accepted financial asset and it trades near $60,000 per bitcoin.

When I first discovered bitcoin in 2011, it was $7. But it was considered too weird. It was too difficult to understand, and I dismissed it. Had I put just $1,000 into it back then, it would have been worth as much as $10.5 million in March of this year.

That's the prize for doing something weird and uncomfortable.

And had I been totally wrong what would I have lost? A thousand bucks. Lord knows I've lost a lot more than that on so-called "blue-chip" stocks.

The Outside-the-Box Way to Save for Retirement

Friends, if you're looking to fund your retirement from traditional investment vehicles like stocks and bonds, those days are over.

The current yield on the benchmark 10-year Treasury note is about 3.7% – significantly lower than its long-term average of 4.25%. And the Fed is expected to cut those rates even lower today.

Even if I gave you $100,000 to put into the 10-year notes right now, that's less than $4,500 in annual income to live on…

And the stock market isn't that much better.

The average annual return on the S&P 500 is about 10.7%. Even if you put $100,000 in the index and let it compound – it'd take you about 30 years to reach $2.3 million.

So, if you're waiting for the stock market to bail you out… You'll be waiting for a long time. Time you probably don't have.

You have to think outside the box…

That's why I recommend everyone put a portion of their net worth into asymmetric risk crypto investments.

There's no other asset class that I know of that can radically transform your financial life for the better without putting your current lifestyle at risk.

Since I first started recommending bitcoin in 2016, 27 of my crypto picks have jumped at least over 1,000%. No other newsletter editor comes close to that type of success. Not one.

Those include peak gains of 151,00% on Neo (NEO), 85,000% on Terra (LUNA), 53,000% on Ethereum (ETH) and 36,000% on Binance (BNB).

If you put $1,000 in each of those tokens, that would translate to over $3.2 million in peak gains.

That's how my readers have been able to build retirement nest eggs without putting their current lifestyle at risk.

Take Mike M, for example. He wrote:

❝

When I started following you in 2020, I had no crypto and no retirement accounts. Today I have $15k in savings, $150k in crypto and another $50k in retirement accounts. $200k in 4 years is something I couldn't have imagined! THANK YOU!!"

Mike M.

And Dave B. wrote:

❝

Hi Big T, I started my crypto journey in 2020. I knew nothing about crypto. I have been a worship pastor for 40+ years and therefore, never had much money beyond the necessities. I started small, with an initial investment of $10,000 and dollar cost averaged, [which] led to my crypto retirement account now being worth more than $275,000. Thanks."

Dave B.

Friends, these subscribers aren't any different from you. They just had the courage to act, even if it felt uncomfortable.

And because of the upcoming Convergence, now's the time to act.

This phenomenon is made up of three separate events that will remake the entire crypto space forever. We've never seen this before.

Some folks know bits and pieces about The Convergence… But no one has put all three pieces of the puzzle together.

I have.

I believe it'll trigger a devastating crash in many widely held cryptos, while sending a tiny sub sector of the crypto space far higher than anyone can imagine.

On Wednesday, September 25 at 8 p.m. ET, I'm holding a special briefing to pull back the curtain on The Convergence.

And during this event, I'll share details about my top six "Convergence Coins."

Remember when I said asymmetric risk investments are usually "weird"? Well, these are the weirdest.

That's because they pay you to hold them. They come with automatic payments that pay you month after month.

Less than 1% of all crypto projects offer these automatic payouts. So there's very little information about these six coins online. Most people don't even know they exist.

I'll tell you all about them during my special briefing called The Convergence. I'll also reveal one of my top Convergence coins for free to all those who attend.

Make sure to click here to reserve your seat for free.

Friends, if you feel like you've been left behind and it's too late to catch up, I understand.

That's why my mission is so important. I've built my reputation on helping everyday Americans safely bridge this retirement gap without putting what they have already built at risk.

Unlike Wall Street, which tells you it'll take you decades to reach financial freedom, my research helps accelerate your wealth-building.

And the best way I've found to help you catch up with your retirement dream starting today is to own a handful of these "Convergence Coins".

Let the Game Come to You!

Big T