Retirement Study: Learning What You Need to Know for a Successful Retirement
Retire On Track LLC.
We live in a world different than any previous generation could have envisioned. Because life expectancies were much shorter for past generations, retirement planning really was not a concern. Most workers of past generations spent less than five years in retirement. Today, most of us can expect to spend the same amount of time in retirement as we did when we worked.
A study conducted by the U.S. Department of Commerce found that only five-percent of all Americans are financially independent at age 65. In addition, this study also showed that an astounding 75 percent of all retirees are forced to depend on Social Security, family and friends as their only sources of income. According to the Social Security Agency, Americans can expect to receive only 40 percent of their pre-retirement income from Social Security. Most financial planners suggest that retirees will need at least 75 percent of their pre-retirement pay, to ensure a comfortable retirement. The remaining 35 percent (75 percent, if Social Security fails), not provided by the U.S. government, will have to be provided by individuals using their pension funds, savings or investments. Therefore, every worker must learn about finance and investing to ensure a comfortable retirement.
Do not think of this learning process as an educational obligation, but rather as an educational adventure. You may even find it enjoyable. If you do not believe me, then perhaps Mr. Einstein will convince you. Albert Einstein said, "Never regard study as a duty, but as the enviable opportunity to learn to know the liberating influence of beauty in the realm of the spirit for your own personal joy and to the profit of the community to which your later work belongs."
Perhaps the best first step you can take on your financial education adventure is to try a FREE subscription to the Financial Tips & Hints newsletter. The newsletter provides investment education in easy to understand terms, to help you, the individual investor. The articles are to-the-point and full of valuable information. The service is absolutely 100% FREE for everyone. Providing retirement education is our passion.
Through the Financial Tips & Hints newsletter, you will become informed and empowered to take over control of your investments. Topics covered by the Financial Tips & Hints newsletter include:
In addition, Financcial Tips & Hints newsletter subscribers are encouraged to submit questions or topics you would like to see covered in the newsletter.
We at Retire On Track LLC. would be honored to have you begin your financial education adventure with us. Together we can help you to reach your retirement goals and keep you from becoming a government statistic. Try Bob's Retirement Calculator Now Click Blue Button Below