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.