The mission statement of Retirement Thru Design started 11 years ago. As a result of spending many years at America's top rated firms I came to the sad reality sometimes getting the real facts vs. a lot of financial mumbo jumbo was close to impossible. Personally, I am very disappointed at how the financial community has allowed Seniors to be fleeced of 40% of their lifetime savings by putting their earnings and bottom line in front of their fiduciary responsibilities.
This vaporized close to 1/2 trillion dollars of hard earned assets. After being in the trenches for over 16 years, it became a tragic reality that the individual investor in 2008 was caught up a modern replay of the Emperor's new clothes.
The saddest part has to be non-functional memories of the invested public . Those who thought they were smarter this time had to relive it all over again to the tune of 50% decline.
Time for a little 5th grade math . When you lose 50% You need HOW MUCH to BREAK EVEN? No, not 50% but 100%!
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