|
Here are some basic facts of life:
|
At age 65 |
 | 45% are dependent on
relatives |
|
| 30% are dependent on charity |
|
| 23% are still working |
|
| 2% are self
sustained |
| |
Source:
Social Security Administration
|
Cost & Result of Stock
Trading |
| 97% loose money |
|
| 2% Break even |
|
| 1% Make
money |
| |
Source:
Harvard School of Business
|
Personal Worth |
| Fewer men are worth more at age 65
than at age 18. |
|
| 85 out of 100 People reaching age
65 do not even have $250 |
|
| This is after 45 years of hard
work. |
| |
Source:
Deve's Economic Tables
|
Financial Planning |
| 93% of the men at age 65 who have
failed financially said it was because of a lack of a
plan | |
Source:
Social Security Administration
|
Saving Habits |
| Not one person in the United States
has deposited money regularly for 20
years | |
Source:
American Banker's Association |
