The economy: The long-term employment and retirement situation for many Americans may be a lot worse than we thought for many people. The current economic environment including the bailouts, actions by the US Treasury and the overall monetary situation could cause taxes to return to historical averages or even higher than average.

This could place many Americans into a tax bracket that is double or nearly double what they are currently paying. Combined with lower investment and real estate portfolio values and a declining economy, this could mean that many citizens have less than half or even less than a fourth of what they had planned to have during retirement.

There are some strategies to counteract the effect of this. Visit FentonReport and send an email asking for a free research report on the situation. http://www.fentonreport.com

taxes bailout economic turmoil deficit administration economy stock market war Iraq Afghanistan baby boomers social security medicaid medicare welfare obama cpi consumer spending printing money average historical average rates Ronald Regan bill Clinton George bush sr 1950s 1940s 1970s 30 75 years 1982 cut

Financial Dictionary Definition: SEP IRA
Financial Dictionary Definition: Share
Financial Dictionary Definition: Short
Financial Dictionary Definition: Short Sale
Financial Dictionary Definition: Special Tax Bond