The Government Shutdown Proves Americans Are Financially Unprepared For Another Recession

January 23, 2019

The longest government shutdown in history has proven that the majority of Americans are financially unprepared for another recession.

According to a 2017 report by CareerBuilder, nearly 80 percent of Americans are living paycheck to paycheck.

And a GoBankingRates survey reports that around 60 percent of people have less than $1000 dollars in their savings.

This leaves too many Americans vulnerable with few protections available to them.

Added to this disadvantage is the fact that interest rates are not staying low which means going savings free is likely to end badly.

Many experts predict that the next recession is just around the corner and despite a decades-long low unemployment rate, a recession generally tends to produce unemployment rates between 6 to 10 percent.

This is why it’s vital for Americans to begin to prepare their finances now.

No matter your income, there is a way to protect your savings which includes your retirement.

Don’t allow your bank account to be left in the dust when the next recession hits.

Your retirement money is the accumulation of your life’s work.

You take value in what you’ve worked for, so take the next step to protect it.

Just call this number: (888) 394-6116

When you do, you will eliminate yourself from joining the millions of Americans who will be left with nothing during the economic downturn.

Stay ahead of the economy, and call the phone number today.

Sincerely,

Doc Wellington

Retirement Insider