America’s Financial Future—Empowering Personal Resourcefulness

14 concerns for our financial future

1. Great recession
2. Real estate values
3. Health care costs
4. Public education
5. Energy dependence
6. Great retirement options
7. Entitlement programs
8. Federal budget deficits
9. Aging parents
10. Workers will not retire
11. Debt levels too high
12. Taxes will increase
13. Obligations to adult children
14. Away from home missions

#1 reason that people don’t serve senior missions—pets to care for
#2 lack of finances
#3 can’t leave grandchildren

22 compelling trends

1. purging inefficient prosperity
2. Real estate more affordable
3. Corporate profits and cash higher than the last 80 years
4. diversification and allocation worked
5. still low interest rates and investments
6. advances in medicine, energy, transportation, education, and information systems
7. more high income earners
8. longer lifespans
9. larger inheritances
10. the 2030 pension (reverse mortgages—not recommended)
11. government bailouts have worked (I don’t accept that short-sighted evaluation)
12. Workforce assimilation (we make the adjustments)
13. demographics
14. 100 Million More—America in 2050
15. creativity
16. higher education
17. transaction tax??
18. the economy will grow
19. still the world leader??
20. positive new regulations??
21. municipal government resilience
22. Armageddon
23. strengths of the saints

Read America in 2050