SPECIAL ALERT!!

It was big news a couple weeks ago but has now disappeared from most headlines. Yet, there are important lessons we want to highlight.

This year, record numbers of people are climbing Mt. Everest creating a traffic jam to reach the top. It's a deadly situation for even the most experienced climbers.

What can we learn from this whether or not we ever go to Nepal?

What if we change up the news summary I wrote earlier just slightly?

This year, record numbers of Americans are approaching and reaching retirement age creating a traffic jam to begin spending down their piles of money saved for this time in their lives. It's a precarious situation even for those who have been saving seriously over their careers.

Turns out Mt. Everest is a good analogy for life and money. Climbing Mt. Everest is like saving a pile of money to use when you choose to (or are forced to) stop working.

One of the most important lessons is that most people who die on Mt. Everest die coming down the mountain not up. As one expert summarized in a news broadcast, "Your body just begins to degrade and you're in this race to get up and down before something deadly happens."

That's probably true for the retirement mountain too. Would you say more people die after they retire than before? If you know someone who's retired, do you think they feel like they're in a race to make sure they don't run out of money before they run out of life?

Over the next 20 years, an estimated 140 million Americans will turn 65. That's 43% of the current population.

To close, I've got 3 simple questions for you:

1. Do you want to be crowded in line figuring out how to navigate your way down the mountain?

2. Would you rather have a solid plan to preserve, safely grow, and leverage your savings so that you can snowboard down the retirement mountain yelling, "Weeeee, weeeee, weee" all the way home?

3. If there was a way to reliably and predictably develop a passive income in retirement with no luck, no skill, and no cross-your-fingers-and-hope required, wouldn't you at least want to know about it?

#SafetyFirst,

Amanda (and Brandon)

p.s. Here's the 2nd most important lesson: people who climb Mt. Everest get a guide who will see them through going up and coming down.

Would you like a financial advisor who will not only help you save a pile of cash but guide you in spending it? The problem is that many financial advisors aren't compensated to help you spend your money. This leads to what the industry calls, "elder orphan" or "discarded client." Literally, the 82 year old is orphaned or discarded because the financial professional goes to the next 37 year old. Could your financial strategy run smoothly without regular review? Would you want it to?

https://grandmaswealthwisdom.com/request-a-meeting/