The Real Reason Boomers Are Retiring BROKE

Video Description

How did America's "most fortunate generation" retire broke? Here's the story! 📖Your Money or Your Life: https://amzn.to/3VExSUV ☕Support My Channel!: https://www.buymeacoffee.com/williamsauQ 📱My $15 Phone Plan: https://mint-mobile.58dp.net/rn6rJQ 🏛️My 4.6% APY Savings Account: https://www.sofi.com/invite/money?gcp=43a5fefa-390e-41f0-9b1d-cb72691e87da&isAliasGcp=false 🌍My World Map: https://amzn.to/3Y90Sac Chapters: 00:00 Start Here 01:52 Chapter 1: The Very Short History of Retirement Before The Boomers 04:15 Chapter 2: The Pioneers of Retirement 06:22 Chapter 3: The Death of Equities 08:41 Chapter 4: Mandatory Investing 11:12 Chapter 5: The Three Big Mistakes 13:26 Chapter 6: From Skeptics to Believers 15:39 Chapter 7: The One-Two Punch 18:56 Chapter 8: Too Little, Too Late 19:57 Chapter 9: Too Old to Work,Too Broke to Retire 20:54 Chapter 10: Where Do We Go From Here America’s largest generation is reaching retirement age and millions of Boomers are completely unprepared. In this video, I break down the REAL reason Boomers are retiring broke. From the collapse of pensions, the rise of the 401(k), and decades of market crashes like the Dot-Com Bust and Great Recession, to today’s Social Security crisis, this is the full story of how an entire generation’s retirement dreams were shattered. We’ll look at the history of retirement in America, how pensions disappeared, why the stock market failed early Boomer investors, and the one-two punch that wiped out savings in 2000 and 2008. You’ll see why so many are still working past 65: at Walmart, driving Ubers, or taking part-time jobs because they’re too broke to retire. But this isn’t just about Boomers. Their story is a warning for all of us. Retirement systems change, markets crash, and promises get broken. If you’re planning for retirement, you need to know this history so you don’t repeat the same mistakes. 📌 Topics Covered: – The short history of retirement before the Boomers – Why pensions collapsed and 401(k)s took over – The 16-year market stagnation that scarred a generation – The Dot-Com Crash and Great Recession – Why Social Security isn’t enough today – Lessons we can learn for our own retirement planning If you want to understand the retirement crisis, the generational wealth gap, and how to prepare for your own financial future, this video is for you. **Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **