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Turnkey Retirement Vol. 32
$2.5 Trillion Wiped from Traditional 401ks Across USA, Big-Name Companies Are Leading The Charge With AI Push, FrameTec Community Growth, and Quick Hits on X
Turnkey Retirement Newsletter: Volume 32
Welcome back to TKR!
Fresh off an incredible investor FrameTec event at the Alpha plant in Arizona this last week.
Everyone got to witness firsthand the monstrous machines coming to life, producing the FUTURE of FRAMING right before their eyes.
From a simple concept napkin to a fully operational facility producing and delivering and building the bones of homes…it’s happening! Our investor community were blown away by what’s been created and we can’t say thank you enough - their hard earned dollars and investment made this possible.
Complete Dependence on Traditional Retirement Systems Wipes out $2.5 Trillion Across USA
Study finds Americans lost $2.5 trillion in retirement savings from the Biden-Harris inflation and rate hikes.
In particular, the hikes crushed bonds. That took down banks — who got bailed out.
And it took down millions of older Americans -- who did not get bailed out.
— Peter St Onge, Ph.D. (@profstonge)
12:30 PM • Oct 29, 2024
According to a study by EJ Antoni, adjusted inflation numbers (real numbers) show that since Biden took office, the average 401k balance increased $11,000, but purchasing power decreased $12,000.
Why does this matter? This means our current leaders just added 6 years to your career.
On top of that – remember the banks that failed last year because the bond market tanked? Bailed out. The account holders’ IRAs with those banks? Not bailed out. Our good friend Chris Martenson at Peak Prosperity focuses heavily on the idea of The Great Taking – money from the masses transferred to the rich. Many believe it’s not a reality at any point in the future, but the scenario I just described shows it’s already happened in the recent past and is likely to happen again.
Fortunate for our members, EQRP creates retirement accounts that limit the counterparty risk of a middleman and allows you to own real assets directly with your retirement money.
Private Equity, Bitcoin, Gold, Silver, and Real Estate are just a few examples of this.
Big-Name Companies Are Leading The Charge With AI Push
PwC’s new tech innovation officer, former Amazon AI exec Matt Wood, is leading a push to integrate generative AI across services with strategic partners like AWS, Microsoft, and OpenAI. With a $1 billion investment, PwC aims to automate and elevate its tax, audit, and consulting work. This move underscores PwC’s commitment to staying ahead in a digital age—an approach that investors and business owners can apply to their own strategies by embracing technology to stay competitive.
FrameTec Helping Grow its Community
We often talk about ways to help and support our local communities in the Badger Tribe. Many ways to give – your time and resources is often the simplest way to start.
On a national level, FrameTec is delivering on it’s community focus with the grand opening of FrameTec Alpha this month.
One striking example – a local Arizona builder increased their 2025 production expectations by 400% after doing introductory work with FrameTec and seeing their 10X better quality than the norm and speed, 4X faster than the house framed next door.
This means more jobs, income, and available affordable housing in a growing community. Something I definitely want to be a part of.
Quick Hits on X
Lowest Job Openings Reported in US Since 2021
⚠️BREAKING:
*U.S. SEPTEMBER JOLTS JOB OPENINGS FALL TO 7.443 MILLION; EST. 7.980M; PREV. 7.861M
*LOWEST SINCE MARCH 2021
🇺🇲🇺🇲
— Investing.com (@Investingcom)
2:05 PM • Oct 29, 2024
Gold Price up 33% in 2024
⚠️BREAKING:
*SPOT GOLD RISES TO FRESH ALL-TIME HIGH ABOVE $2,759 AN OUNCE
$GC_F
— Investing.com (@Investingcom)
1:47 PM • Oct 29, 2024
Bitcoin Hits $71,000 at Time of Writing This
BREAKING: Bitcoin hits $70,000
— The Spectator Index (@spectatorindex)
10:18 PM • Oct 28, 2024
Closing
I know there’s a lot of uncertainty in the economy and our country right now, a HUGE election happening next week that will likely change society for the better or worse
Last weekend we got to spend a couple days with you, over 100 of our members in Arizona and the focus was optimism and a future by design.
Together we’re building a brighter future.
The best part about this event was how many of you in our community have grown in your confidence because of the action taken, especially with FrameTec.
This confidence means that no matter what happens in the election, with interest rates, or with the stock market, the future is within our control, not someone 1000 miles away in a building with a government title.
These conversations were in stark contrast to just about every other conversation I have these days with people who are bought into the “normal” way of investing – work hard and put as much as you can in the stock market to get rich in a few decades. (or not)
Today I encourage you to move against the grain, and remember: Voting matters!
To Freedom,
Damion
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