“UNCLE SAM” WOULD RATHER TAX OUR FINANCIAL CROP AT RETIREMENT!
According to a recent study by the Department of Health and Human Services, for every 100 people starting their careers, the following situation exists at age 65…
It is sad that in the world’s richest nation, millions of people live at or below poverty.
Retiring on a Fixed Income:
We generally work for 30 to 35 years during our lives and our goals is to accumulate a nest egg to help us live comfortably in our retirement years. The majority of us will be retired for as long or longer than we have worked, so we will need to find a way to live on our investment interest and not our principal.
|Year 2000||4.2 Million People|
|Year 2050||19 Million People|
Social Security was NOT built for the 21st Century!
When Social Security was instituted the average person lived to the ripe old age of 67 or 68. FDR’s social security solution was not built to last through 30 years of retirement. Living to 95 in the 1930‘s was completely unfathomable, but today it is not only probable it happens every day!!
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