“This must be a master strategy to make all of us baby boomers wards of the state in our retirement.”
As well as clean out your retirement savings...and making sure you can’t access any healthcare benefits and thereby prolong your social security dependency.
1. Pay off your debt.
2. Get yourself a safe, and make sure it’s not removable (e.g. bolted to the floor).
3. Make sure that some of your investments are in things like cash and precious metals.
4. Make sure that some of those precious metals are in your PHYSICAL possession.
5. If you’re really feeling paranoid, take a plane trip to SUI, buy some gold THERE, and put it in a safety-deposit box.
6. Examine your purchases and get rid of anything that’s extraneous.
This is just a short list, and even I’m only just starting out. We have some very bright people here, and I’m sure that more can be added. The point is that we don’t have to go down with the ship.