How to avoid not having enough money for retirement via Breaking Bad

1. The threat to the security of
municipal workers’ pensions
And what not to do or do with your
retirement funds

2. The plight of municipal workers
• Rising rate of municipal bankruptcies and
financial distress in general are threatening
municipal workers’ retirements.
• The federal government bailed out Detroit
auto industry. Do you think they will help
Detroit’s municipal workers save their
retirement?
• Municipal workers pensions not guaranteed
by the PBGC. Should they be?

3. Detroit is the biggest municipal
bankruptcy so far, threatening city
worker pensions

4. Meet Walter White, mild mannered
high school chemistry teacher

5. DIAGNOSED WITH
CANCER
Discovering he is terminally
ill and his retirement savings
and meager municipal pension
are insufficient to support his
surviving family, Walter
decides to invest his savings
in a mobile methamphetamine
lab.
Using his chemistry teacher
background, Walter discovers
a great talent in processing
“blue meth”, a favorite
substance abused by many in
the mid and southwest.

6. RISKY BUSINESS
High quality blue meth Led to lots of green cash

7. Water finds making money also means
protecting it.

8. Retirement planning can get
desperate.

9. BUT WITH THE HELP OF HIS ATTORNEY WALTER IS ABLE
TO LEAVE A HEALTHY SUM TO HIS FAMILY

10. Was this the best way to invest his
retirement?
• The IRS allows you to use ( with the help of
your attorney) your retirement funds to set up
a ‘C’ corp for almost any purpose.
• You can buy a route
• You can buy a taxi medallion
• A frozen yogurt store is a tasty choice
• Invest in a true growth industry

11. The Huffington Post reports: “Marijuana market poised to grow
faster than smartphones”
Capital intensive Just need dirt

12. A true growth industry
( just add water!)
• Legal marijuana is among the fastest-growing
markets in the United States, and it's growing
at a rate poised to outpace the expansion of
the global smartphone market.
• Entrepreneurs and private investors are
flocking to cannabis markets
• At least $ 300.00 and ounce!
• Lots of accessories to sell too!

13. Which client would you prefer ?
Meth-head? Or Pothead?

14. Online Resources
• http://bluntretirementtalk.com
• http://rollmyIRAtoweed.com
• http://makemyretirementchronic.org