{"id":2111,"date":"2012-11-07T11:23:17","date_gmt":"2012-11-07T16:23:17","guid":{"rendered":"http:\/\/www.billlosey.com\/?p=2111"},"modified":"2012-11-07T11:23:17","modified_gmt":"2012-11-07T16:23:17","slug":"retirement-expert-bill-losey-warns-of-fiscal-cliff-scenarios","status":"publish","type":"post","link":"https:\/\/billlosey.com\/knowledge-center\/retirement-expert-bill-losey-warns-of-fiscal-cliff-scenarios\/","title":{"rendered":"Retirement Expert Bill Losey Warns of \u201cFiscal Cliff\u201d Scenarios"},"content":{"rendered":"

Bill Losey, America\u2019s Retirement Strategist\u00ae and 401(k) rollover expert, published a new blog discussing five different scenarios where 2013 could be financially worse than expected.<\/em><\/strong><\/p>\n

Saratoga Springs, NY. \u2013 November 7, 2012 <\/strong>\u2013 \u201cWhatever happens in Washington in 2013, this is a prime time to consider financial moves with the potential to lower your taxes and insulate your wealth.\u201d This statement, from Bill Losey, author and retirement expert<\/a> and advisor, is the conclusion of a recent blog discussing some of the scenarios where America could reach her \u201cFiscal Cliff.\u201d In this blog, found on his website https:\/\/www.BillLosey.com<\/a>, titled \u201c5 Possible Fiscal Cliff Scenarios\u201d<\/a>, Bill explores the question, \u201cWill 2013 be as severe as some economists think?\u201d<\/p>\n

Bill writes, \u201cThe fiscal cliff is getting closer and closer. How will Congress respond? In the worst-case scenario, Congress argues and deadlocks. Tax hikes and roughly $109 billion in federal spending cuts take a bite out of GDP and another recession becomes a possibility.<\/p>\n

There are other possibilities, however. The fiscal cliff may yet be averted, or at least we might back away from its edge.\u201d<\/p>\n

Bill Losey describes five different scenarios that could come to pass in 2013:<\/p>\n