Member-only story
You can’t rely on state retirement money. Do this instead.
Why outsourcing your retirement funds to the Government might be a poor idea
There is a pattern of global economic decimation and inflation right now
You can no longer rely on retirement money that the Government is “keeping” for you.
Your pension fund won’t beat inflation.
And as of November 2021, the cash world is going into high inflation. Europe is just one example. The US is too…
There is a small, but growing phenomenon of people removing their money from the banks and “becoming my own bank”.
But people don’t want to talk about it, because there is a deep social stigma in not playing to the system.
This movement of self-banking is being expressed in a number of ways.
For some, it’s extreme frugality.
For others, it’s having both a short term saving strategy, and a long term one.
For millions of people, it’s crypto.
And for hundreds of thousands of people, its directly buying precious metals.