Retired at 56 With 7 Figures?

Rick and his wife Jean had done it right. They married in their mid 20s had 2 kids, and bought a house. He worked as an engineer and only had a few job changes.

They lived frugally for close to 30 years as he quietly saved and invested in various mutual funds. At age 56 his retirement savings were close to 1.3M.

The stock market had been doing well for a number of years. The kids were out of the house and on their own with stable jobs.

In mid 2007 they decided it was time to retire and start to enjoy all that he and Jean had saved and worked for their entire lives.

It was all going so well when their dream turned into a nightmare with the stock market crash in September 2008.

He went into a full blown panic and invested the money he had left with "friends" that he knew for over 25 years that were very experienced in their own businesses.

He ended up losing the rest of his money. They spent the next few years downsizing and saving every penny of a small pension they had. They were living month to month. They were both pretty depressed but determined to not accept what looked like their fate.

He kept looking for something. He saw me on the internet and what I was saying seemed to get and hold his attention. He scheduled a call. We spoke. And later that night he contacted me and wanted to get involved. He knew that it was the last best chance he had to save his retirement.

He emailed me this comment:

“When the stock market plunged in 2008 I lost 43% of the equity in my retirement portfolio was depressed but determined to not accept my fate. I was watching a YouTube video when Dr. Fred appeared on the screen. I found myself absorbed with what he was saying. I now feel optimistic again, invigorated and determined to restart a fulfilling retirement. Thank you Dr. Fred.”

This is someone that did everything right. He had well over 1 million dollars saved and got wiped out at the FIRST market crash in his retirement. At 69 he’ll have at least one more. Possibly two crashes to live through.

However, NOW when the next market crash happens, (10 down months comes close to qualifying) they’re be basically unaffected because their cashflow is now independent of the markets.

After years of searching, he found and started working on his Plan B after he got hit with his financial disaster.

It’s important to have your Plan B identified and operational before disaster hits.

It’s not too late for you.

If I can help, just go to DrRouseNow.com to see if this Plan B could work for you.

Dr Fred "planning with a Plan B” Rouse, CFP Emeritus

The REAL Money Doctor