If I’m willing to cut my spending from my retirement savings by about 10% if my portfolio craters–going from say $45,000 to $40,000–that flexibility lets me mostly dodge the worst-case scenarios where I run out of money before I run out of road. (More precisely, this flexibility suggests that in about 95% of cases in past, my savings would sustain retirement over three decades.)
When he gets up to show me about his cabin, Pense stands with the height and permanence of the dignified trees that encircle the property. He doesn’t say “um,” or “well”—the slow, deliberate syllables that emanate from his jowls feel like historical record, perhaps with a sprinkle of Americana, but not quite jingoism. Listening to him talk about his life is like having R. Lee Ermey recite your high school American studies textbook, but gentler.
I don’t need to explain why you need this. Just turn on the news. Mass casualty incidents have become the new normal in our sad world, and the situation seems to be escalating. Accidental injuries are a frequent occurrence too. For situations like these, and other emergencies, North American Rescue has designed a Civilian Trauma Kit to provide lifesaving equipment that almost anyone can use. Focused on bleeding control, the CTK consists of a tough clear pouch full of easy-to-use medical supplies. Most importantly, the kit contains a C-A-T® tourniquet, one of the safest and most effective pre-hospital tourniquets available. The kit also contains gauze and pressure dressings to control life threatening bleeds that are not on a limb. Keep a kit like this in your vehicle, hunting pack, bug-out bag and even in your EDC gear. The life you save may be your loved one’s or your own.
Kevin lives in eastern Washington and is prepping his family for a volcanic eruption using multiple bug-out vehicles. We also meet Captain Bill Simpson, who has built a bunker sailboat, made mostly of iron so that he could retreat out to sea in case of a massive solar flare which could send an energy wave, in the form of an Electromagnetic Pulse (EMP) which could damage today's technology.
While other parents were telling their kids not to play with matches, my dad was teaching me how to make a fire. That’s because he knew what an important survival skill this is to have. You probably know how to make a fire by making a teepee out of dry sticks and lighting a bit of paper underneath. But what if it just rained – how will you find dry kindling? Or how about making a fire in the snow? Or what about in the dessert where there are no sticks? If you can’t answer how you’d go these things, then you better master the fire making skill NOW!
More specifically, we want to avoid allocating our savings so heavily to any particular asset class (like U.S. stocks) that a really bad bear market in that asset class destroys our portfolio returns. And ideally we want to spread our savings around into different asset classes (like maybe developed market foreign stocks or US Treasury bonds) so if one asset class’s value zigs, another asset class’s value zags.
Hate to break it to you, but your dog probably has a better chance of making it through a total societal collapse than you do. A quick Internet search of "dog survives" lists everything from drowning to being shot, from bear attacks to war -- whereas the closest you've ever come to "surviving disaster" is getting your wisdom teeth pulled, and even then it was only with the help of a cadre of trained medical professionals and a carton of the strongest painkillers on Earth.
Doomsday Preppers has received varied reviews. Neil Genzlinger in The New York Times condemned it as an "absurd excess on display and at what an easy target the prepper worldview is for ridicule," noting, "how offensively anti-life these shows are, full of contempt for humankind." Nevertheless, "The program has been a ratings bonanza, with a 60-percent male audience, with an average age of 44." "Doomsday Preppers is the network's most-watched series". Brooklyn Bagwell, casting director for the second season, claimed it was the highest-rated show in the history of the National Geographic Channel.
“That’s a major problem,” says Gene Louis, a New Jersey expat who attended his first meetup in 2013 after moving to Springfield to begin ventures in real estate brokerage and digital marketing. Plus, Jersey is expensive, and he doesn’t like the fact that its residents don’t pump their own gas. “You don’t know what people are going to define as a threat, don’t know what people at survival meetings are going to talk about,” he says. “You can’t prepare for 100 percent of what’s on that list—well, you’d need to be Donald Trump to afford to.”
Bob Kay, a nutritional scientist in Southern California, is prepping for environmental destruction due to massive earthquakes; politician Joshua Wander is preparing for a terrorist attack, teaching others about prepping and stocking up kosher foods (matzos and mre's); Ryan Croft is prepping for a global financial crisis by cultivating alternative food sources like spirulina and earthworms.
Lightweight survival kits are generally seen as a backup means of survival; however, these can kits can be extensive, and have come to include tools that are generally found in larger kits as survival technology advances. Some examples of these tools are high power flashlights, rapid use saws, signal devices such as mini signal mirrors, and water purification methods.
From looking at those stats, it might appear as if baby boomers are the least prepared for a doomsday disaster. But perhaps the reason they haven’t recently purchased any survival gear is that a lot of them have long been preparing for it: Baby boomers lead the way (41.28%) in terms of those who haven’t recently purchased survival gear because they already have it on hand. They’re followed by Gen Xers at 37.07% and millennials at 32.79%.
Fletch runs the YouTube channel OzarksTactical Homesteading, the description of which reads, “Liberty-minded, faith-based, pro-Second Amendment, pro–home school.” He posts videos on prepping and reviews tactical gear from his property somewhere in northwest Arkansas. Occasionally, Fletch records rants in the car. The mainstream media and Walmart door greeters—the “door gestapo”—are recent targets of his iPhone manifesto. He’s gained more than 5,000 subscribers since launching the channel in 2011.
What programs like Doomsday Preppers have accomplished, or at least contributed to, is turning sometimes well-informed, sometimes totally unwarranted paranoia into a booming prepper-industrial complex. Each year, swap meets pack hundreds of convention centers and fairgrounds across the nation—they’re like camping shows with a dose of military surplus and hands-on instructional sessions. The September 2017 Kansas City Survival Expo & Gun Show, for instance, had tips on seed saving, “Overcoming 900 Health Diseases” and “A Devastating Street Self-Defense System.” The latter was taught by Norman Cantwell, who inspired Patrick Swayze’s character in Roadhouse. You get the feeling that he and Steven Seagal would be friends.
In the beginning, you might decide to buy food a bit at a time when you make your weekly trip to the grocery store. If you think your budget is just too tight to spend extra money building your reserves, consider this: Skipping the morning latte or the on-the-go-breakfast at the drive-thru can save you $100 a month if you're only spending $5 a day, five days a week. That's about $1,200 a year—plenty to get your emergency supply built up and invest in essential equipment and gear.
Other small kits are wearable and built into everyday carry survival bracelets or belts. Most often these are paracord bracelets with tools woven inside. Several tools such as firestarter, buckles, whistles and compass are on the exterior of the gear and smaller tools are woven inside the jewelry or belt and only accessible by taking the bracelet apart.
Don’t forget spices and nutritional supplements. Yes, you can plan a well-balanced diet with prepared foods, but not everyone has the same taste. Spices and herbs allow you to change up the flavor of the same basic ingredients for variety and interest. Vitamins and supplements are an important addition to your emergency supply stash. Choose nutrition bars, protein powder, or multivitamin capsules that support nutrition and boost natural immunity.
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