Financial Planning When the Time Comes

QUESTION: Martin, love your blog! My wife and I are retired Americans with modest income, an ‘average’ middle lower class person. We own our home and have no debt. Your blog has opened a whole new world to me and I have followed it for about 5 years. My question after reading it, especially the banking crisis and monetary crises parts, frequently is: “so, what should we do?” I realize you probably sell the answers for more than I can afford at places I cannot go, but I wonder if you couldn’t provide a ” life raft” view of advice for the masses who are interested in weathering the storms you anticipate. What 3 things would you do as an average retired American, lower or modest income, minimum to no debt?

Just thinking, what?

BC

ANSWER: I take what I do seriously. I will never speak just off the cuff. I really would not be able to sleep night. I thank God I am financially secure so I do not need to work for money, which gives me the freedom to try to contribute. Being in the USA is OK for now. We are not in a position of imminent danger just yet. That will most likely start as early as next year. When I see the opportunity unfold, rest assured, I will be putting that on the private blog. There are some things I just cannot put out for the whole world to see.

Latest Posts

Neuralink Brain Implant Trials Begin

Elon Musk’s Neuralink received approval to begin a six-year trial to study the effects of brain-computer interface (BCI). A specialized surgical robot will be used to implant the devices into [...]
Read more

Ray Epps Charged

The events that occurred on January 6, 2021, were likely facilitated by the federal government to draw the public’s eye away from the election fraud that took place. It was [...]
Read more

Pix System in Brazil

You likely have not heard of the Pix system unless you live in Brazil. Pix is an “instant payment ecosystem” launched on November 16, 2020, by Brazil’s central bank (BCB). [...]
Read more

Market Talk – September 20, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 218.81 points or -0.66% to 33,023.78 Shanghai decreased 16.39 points or -0.52% to 3,108.57 Hang [...]
Read more