Sad News About Retirement
Copyright © Smiley Webb
http://www.EZNicheProfits.com
Seems like the old story rings true, “The rich get richer and the poor get poorer”. I hope that no one has to go through the following statistics according to the Social Security Administration and others. Like my bio says my goals are to make it online and to help others do the same. Look at these statistics:
93% Americans who reach the age of 65 are either dead
or dead broke. These facts were confirmed in a study
by the US Department of Labor Statistics.
After 40 odd years of hard work, 93% are in poverty…
yes, POVERTY. “Poverty” is defined as a family of 2 with
an annual income of $13,490 or just $259 a week (For a
family of 2, according to the 2005 HHS Poverty Guidelines)!
Here are some more disturbing facts:
The majority of men had more money (cash) at age 18
than they do at age 68, after 50 years of hard work!
(Denby’s Economic Tables)
85 out of 100 people (85%) have less than $250 in cash
at the time they officially retire!
(Social Security Administration)
33% of all senior citizens live well below the current
established poverty level!
(Social Security Administration)
Social Security payments is the major source of income
(50% or more) for 63% of those aged 65 or older and it’s
the ONLY source of income for 18% of all retirees!
(Social Security Administration)
If these statistics don’t get you moving, nothing will.
It’s hard enough to live with a small income when you’re young,
but imagine being at the age of 70 and barely having enough
to pay your property taxes (or rent), let alone your food.
Forget about having fun when you retire! You’ll probably
have to go back to ‘work’ just to make ends meet!
Is this what you look forward to in your later years? Or
maybe you are really close to ‘retirement’ age now!
Like I said, if this doesn’t get you moving, nothing will.
Fear of poverty is a strong motivator… use it. Get MAD,
get ANGRY and use that energy to MAKE MONEY now,
while you can.
The question is: Are you going to start getting serious about
making money or not?
I want you to be successful and it’s the real reason I do what I do.
To Our Success,
Smiley Webb
About the Author:
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.smileycomm.com/
-----------------------------------------------------------------
http://www.EZNicheProfits.com
Seems like the old story rings true, “The rich get richer and the poor get poorer”. I hope that no one has to go through the following statistics according to the Social Security Administration and others. Like my bio says my goals are to make it online and to help others do the same. Look at these statistics:
93% Americans who reach the age of 65 are either dead
or dead broke. These facts were confirmed in a study
by the US Department of Labor Statistics.
After 40 odd years of hard work, 93% are in poverty…
yes, POVERTY. “Poverty” is defined as a family of 2 with
an annual income of $13,490 or just $259 a week (For a
family of 2, according to the 2005 HHS Poverty Guidelines)!
Here are some more disturbing facts:
The majority of men had more money (cash) at age 18
than they do at age 68, after 50 years of hard work!
(Denby’s Economic Tables)
85 out of 100 people (85%) have less than $250 in cash
at the time they officially retire!
(Social Security Administration)
33% of all senior citizens live well below the current
established poverty level!
(Social Security Administration)
Social Security payments is the major source of income
(50% or more) for 63% of those aged 65 or older and it’s
the ONLY source of income for 18% of all retirees!
(Social Security Administration)
If these statistics don’t get you moving, nothing will.
It’s hard enough to live with a small income when you’re young,
but imagine being at the age of 70 and barely having enough
to pay your property taxes (or rent), let alone your food.
Forget about having fun when you retire! You’ll probably
have to go back to ‘work’ just to make ends meet!
Is this what you look forward to in your later years? Or
maybe you are really close to ‘retirement’ age now!
Like I said, if this doesn’t get you moving, nothing will.
Fear of poverty is a strong motivator… use it. Get MAD,
get ANGRY and use that energy to MAKE MONEY now,
while you can.
The question is: Are you going to start getting serious about
making money or not?
I want you to be successful and it’s the real reason I do what I do.
To Our Success,
Smiley Webb
About the Author:
-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.smileycomm.com/
-----------------------------------------------------------------
posted by SmileyWebb | 7:32 AM
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