Never Say Retire!

Gary North

This department is for those few people who know the truth: they will not be able to live independently on passive retirement income unless they die before the life expectancy tables say the average person should live.

Is this you?

Have you decided to take specific steps to avoid getting trapped in your old age by government promises to pay -- promises that cannot possibly be fulfilled without destroying the dollar through inflation and without health care rationing? If you have, this department is for you.

If you were born after 1955, you need to read this.

Did you read it? If you did, you know the truth, which is....

Retirement is a sucker's game. It is the hoped-for pot of gold at the end of the rainbow. Warning: The government isn't a leprechaun; it's a vote-buying seller of liar's loans (promises to pay).

The Social Security Trust Fund is a pile of government IOUs. Doubt me? Click here. Corporate pension funds are underfunded. Doubt me? Click here. So are state and municipal pension funds. Click here.

Meanwhile, Medicare is going bust. Doubt me? Click here.

It is time to face reality: if you are under age 55, you will not be able to afford to retire. If you are over 55, you may think you can afford to retire, but you will be caught by the capital markets. You will be out of the labor force when you should be in it.

Here, you will learn how to avoid the retirement trap. The basic strategies are clear: (1) work longer at your existing job, or (2) create a job for yourself that you can retire into. I recommend the latter, unless you are very well paid today. My site covers the following:

How to fire-proof your job
How to identify your calling (which is rarely your job)
How to write an irresistible job application
How to switch careers smoothly
How to take control of your retirement fund

There is also a forum on non-retirement. Share your ideas and get others' suggestions, including mine.

[If you have not subscribed to my free Tip of the Week report, do so today. To get to the subscription box, click here.]
Retirement - Better Than an IRA. Better Than a 401(k). Better Than an SEP.
Gary North

This should be obvious to everyone. It is obvious to almost no one. I have used it for 35 years.... keep reading

Retirement - Which Kind of IRA, Standard or Roth?
Gary North

It's nice to get a tax deduction. The question is: now or later?... keep reading

Retirement: 15 Cities That Are Retirement-Friendly. I Have Lived in Three of Top Five. They Were Great.

One is a boom region. One is a national education center. One is semi-rural in a scenic wonderland. I just moved from one of them. So, I'm willing to vouch for the other 12.... keep reading

Investment Basics: Here Is the Universal Mistake Made by Amateur Investors. Don't Make It.
Gary North

If you can bring yourself not to make this mistake, you will increase the likelihood that you will not die poor.... keep reading

My Warning on March 5, 2001, As The Recession Was Beginning
Gary North

Compare my warning in March 2001, with what has happened since then. Was I correct? If I was, then what about the rest of my prediction regarding your retirement?... keep reading

Retirement Blues in 2021
Gary North - November 30, 2021

It is being heralded at a victory.... keep reading

Why China's Per Capita Wealth Will Not Overtake the USA's
Gary North - November 20, 2021

The USA's advantages are too great.... keep reading

The Social Security Trust Fund (Stop Giggling!) Has Declined
Gary North - November 13, 2021

This has only just begun.... keep reading

Asset Allocation: Pareto Rules! A Retirement Crisis Looms
Gary North - October 29, 2021

There is no reform of the American economy that will solve this.... keep reading

Advice on Retirement from the Man Who Knows the Government Will Default
Gary North - September 14, 2021

The public has not figured this out.... keep reading

Hotshot Burnout at Age 50
Gary North - September 08, 2021

This is good news for warm shots.... keep reading

Retirement: Kicking the Can to Deal with the Inevitable
Gary North - August 19, 2021

People kick the can.... keep reading

How to Get $1,000,000 Into a Tax-Free Roth IRA
Gary North - July 30, 2021

Peter Thiel has $5 billion in his. This can be done.... keep reading

Retirement Factors Other Than Income
Gary North - July 29, 2021

These are pitfalls that most men ignore.... keep reading

Dear Dr. North: Please Tell Me What I Want to Hear
Gary North - July 28, 2021

This is a continuing problem.... keep reading

Your Retirement Fund’s Future Explained in 7 Seconds
Gary North - July 17, 2021

You need a back-up plan... keep reading

More HeadlinesMore Headlines