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Tag Archive: will the economic issues in europe affect my retirement

How can the possible collapse in Greece affect your retirement?

How can the possible collapse in Greece affect your retirement?

    If you keep up with the markets you have probably heard all you want to hear about Greece, Spain, Portugal and the European Union’s (“EU”) financial troubles.  Right now Greece is the most likely to fall and the uncertainly in Europe played havoc on the Dow Jones last year.   Greece is currently facing problems that the USA may face in the future.  In very simple terms their entitlements (Government Spending) are far more than their tax revenues.  Additionally, their national debt is now...

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