'There are little known backstops to bail out insurance companies if this program fails to work as planned,' says Jeff Voudrie of Common Sense Advisors, a financial planner in TN.
Johnson City TN (PRWEB) November 26, 2013
Jeff Voudrie, president of Common Sense Advisors, a financial planner in TN, warns that the Affordable Care Act will “backstop” insurance companies in case they lose money when final enrollment numbers are solidified and a clearer financial picture emerges. As investments specialist Jeff Voudrie points out, adding another potential federal black hole to taxpayers’ burden could break the proverbial citizen’s back. “Social Security and Medicare are practically insolvent, while demographic trends indicate that we are just entering the time when the number of workers per retiree is declining,” he said.
“And, these are long-term trends that aren’t going to be reversed for decades. Yet, we have chosen to add national healthcare under the misguided guise that it will save us money!” Jeff Voudrie added. The consequence of such actions by Congress and the Federal Reserve is that many retirees have to scramble more than ever to prepare for their golden years, Voudrie pointed out.
“They are being forced into risky investments in order to get enough to live on during their retirement. Many have been lulled into thinking that the markets will continue to go up. They won’t. And I fear that, once again, it is those that have worked hard all their lives to make this country great that will bear the financial burden for the mistakes made by unelected, unaccountable decision makers at the Federal Reserve.”
The answer? Retirees need to be more careful than ever as they seek to invest in a volatile market that has not yet responded consistently to various federal initiatives. Voudrie recommends that retirees eschew annuities with false promises and confide their funds to a personal money manager who advocates an extremely nimble investment strategy based on recent market performance, which has zig-zagged the past several years.
Voudrie has patented a software program, the Portfolio Steward™ that can reacts quickly to market shifts, and offers a highly praised stress test for retirees to see if their plan will yield enough income given several probably scenarios over the next several years.
A financial services industry veteran with more than 20 years’ experience, Jeff Voudrie is a new breed of private money manager. Using sophisticated electronic monitoring and software, combined with his 20 years’ experience as a money manager, Jeff works with you to create a personal investments management portfolio that reflects your lifestyle goals and risk tolerance. He specializes in stable growth and prudent profits while applying a robust, patented risk management processes. When you work with Jeff, you have the security of knowing that your life savings is getting the attention it deserves.
Jeff Voudrie, a financial planner in Johnson City, TN has been interviewed by The Wall Street Journal, CBS MarketWatch, The London Financial Times and the Christian Science Monitor. He is a former syndicated newspaper columnist and the author of two ground-breaking books: How Successful Investors Tripled the Return of the S&P 500 and Why Variable Annuities Don’t Work the Way You Think They Work. He accepts a limited number of new clients in his personal investments management practice. He and his wife Julie live with their seven children in Johnson City, TN. He is heavily involved in his local church and has done missionary work in Hungary and Cambodia.
Common Sense Advisors
105 Keeview Court
Johnson City, TN 37615