The EPIC Problem! And YOUR Options | 354
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 9 March 2018
⏱️ 22 minutes
🧾️ Download transcript
Summary
It's no secret that most Americans aren't prepared for retirement... but the actual percentage may horrify you.
And if you're simply "saving up" for retirement, regardless of your age, you may be in for an unpleasant surprise.
The good news is, there's a way to prepare for retirement that doesn't involve scrimping, saving, and wasting the best years of your life away.
It's what Wall Street doesn't want you to know, what your parents WISH they knew, and what the wealthiest 1% would recommend.
Today, Financial Freedom Friday shares the epic problem that's plaguing the country and what you can do to achieve financial independence, avoid regret, and enjoy life while you're young.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's time for Financial Freedom Friday with Matt Terrio. |
| 0:14.4 | Hi, I'm Matt Terrio at Epic Real Estate, |
| 0:16.2 | and just kind of want to clarify what it is |
| 0:18.8 | that we do over here, because the more of our audience |
| 0:21.5 | that we talk to, the more people that inquire at our office, they all kind of seem to have us grouped |
| 0:27.4 | into this category of gurus and coaches and educators and you know we do some of that but |
| 0:37.5 | we're here working on something much bigger because this world particularly this country we've got a big problem. You see 99% of today 65 year olds |
| 0:48.9 | are not prepared to retire and if you hear that word retirement |
| 0:54.5 | and you just kind of zoned out real quickly |
| 0:56.5 | because you don't think it's relevant to you |
| 0:57.8 | or you've got plenty of time, |
| 0:59.6 | you might be incorrect. |
| 1:01.2 | You need to watch this. |
| 1:02.4 | In fact, in my opinion, you can't afford to miss this. |
| 1:05.3 | Here, look at this. When I said 99% of today's 65 year olds aren't prepared to retire, |
| 1:10.4 | that's not a made up statistic. Look at this pie chart, this comes straight from the Department of Health and Human Services. |
| 1:16.0 | You'll see 54% are still dependent at the age of 65, |
| 1:20.0 | either on family, church, or state, 36% are still working, jobs like |
| 1:26.2 | Welcome to Walmart come to mind. 5% are no longer with us, 4% the |
| 1:32.1 | government deems financially free, meaning you could support |
| 1:37.0 | yourself off of $40,000 a year. |
| 1:40.8 | I mean that hardly represents freedom in most parts of this country but 1% defined as having |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Matt Theriault, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Matt Theriault and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.