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Senior Member
Join Date: Sep 2011
Location: indiana
Posts: 148
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1) At age 65:
45% are dependant on relatives 30% are dependant on charity 23% are still working 2% are self-sustaining (Source: Social Security Administration) 2) Cost and result of stock trading: 97% lost money 2% broke even 1% made money (Source: Harvard School of Business) 3) Fewer people are worth $100 at age 68 than at age 18. This is after 50 years of hard work. (Source: Devey's Economic Tables) 4) Eighty-five out of 100 people reaching age 65 do not even have $250 (Social Security Administration) 5) It has been said "most people never plan to fail, they simply fail to plan. 6) 93% of the people at age 65 who have failed financially said it was because of the lack of a plan. (Source: LIAMA Co-operative Research) http://www.rickbrier.com 812.264.3754 |
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