(SHTF Plan)—In the face of inflation and and a skyrocketing national debt, the average everyday American is rapidly watching their spending power evaporate. The mainstream media is reporting that the number of Americans with declining incomes is increasing.
A much higher cost of living is taking its toll on the average American just trying to get by. But even those with six-figure incomes are starting to feel the pinch of inflation and the devaluation of the U.S. dollar.
The number of United States adults with declining incomes has soared in recent weeks in a sign of a weakening labor market, Bloomberg reported on Wednesday. U.S. inflation-adjusted household income fell in 2022 by the most in over a decade, highlighting the toll of a higher cost of living and the expiration of pandemic-era programs. Additionally, the share of households facing a drop in their incomes rose from 10.7% in August to 11.8% last month, the outlet said, citing a survey of the U.S. labor market by data intelligence company Morning Consult.
About 20% of adults polled, who earn $100,000 or more annually, reported that they expected their incomes to drop in the next four weeks.
The share of employees who reported working over 35 hours fell to 46.7%, representing a 12% drop from September 2022. The decline marked the lowest level since the spring of 2021, signaling a slowdown in US business activity, the survey revealed. The most cited reason by respondents was soft business conditions.
According to a report by RT, the income and poverty data released by the U.S. Census last month showed how deeply the country’s economic conditions were affected by the COVID-19 crisis and the government’s response to it. The measure of child poverty more than doubled following the expiry of pandemic-era child tax credits last year amid the worst inflation in 40 years, which has undermined household spending power.
The rulers are coming for every bit of wealth the slave class generates.
The Biggest Threat to Your Retirement Is Actually a Very Good Thing
When you look at the headlines today, you’ll see experts in the retirement industry warning about big threats to your financial security:
- De-dollarization and the rise of BRICS
- Soaring national debt
- Unstable interest rates
- Weakened U.S. dollar
All of these are real concerns. But they aren’t the biggest threat to your retirement savings. The true risk isn’t political, monetary, or global.
It’s longevity.
Why Longevity Is the Silent Threat
For most of human history, the problem was the opposite — life expectancy was short, and few people even reached retirement. Today, thanks to medical advancements, healthier lifestyles, and better living conditions, people are living longer than ever before.
And while that’s a wonderful thing, it comes with a financial catch: Your retirement account has to last far longer than you might expect.
- A 65-year-old couple today has a 50% chance that one of them will live to 90.
- Some projections suggest that many of us will live well into our 90s, even 100+.
- This means your nest egg may need to stretch not for 15 years, but 25, 30, or even 40 years.
That’s where the real danger lies: running out of money before you run out of life.
The Retirement Equation Has Changed
While market volatility, debt crises, or central bank policies may feel like the scariest threats, they’re temporary storms. Longevity, however, is a structural shift. Every extra year of life is another year of expenses, another year of inflation erosion, and another year of financial pressure.
If your retirement plan doesn’t account for longevity, you could face tough choices later in life — downsizing, working when you’d rather not, or becoming financially dependent on others.
How to Take Control
The good news? Longevity is a blessing — as long as you’re prepared for it. With the right planning, your retirement savings can work for you instead of against you. The key is learning how to protect your wealth, outpace inflation, and ensure your savings grow even as you live longer.
That’s why our friends at Augusta Precious Metals created a free resource to help you get started:
👉 Get Instant Access to the report, “How to Take Full Control of Your Financial Future”
This brief report will show you practical strategies to safeguard your retirement from the biggest threat of all — the one that comes from the gift of living longer.
Don’t let longevity catch you unprepared. Take the steps today to secure tomorrow.