Can You Retire?
BY JOHN CUMMUTA, CSL, CFIC
This is the biggest question on the minds of baby boomers these days. Let me quote a couple of paragraphs from a recent SUCCESS magazine article to show you why.
"Middle Americans want to retire early -- but most won't have the resources to do it, according to a new nationwide poll by Louis Harris & Associates for Primerica Financial Services , a direct selling company. The Harris organization polled people with incomes of $25,000 to $75,000 and found that the median age at which they expected to retire was 61.
The Median respondent was 45, with an income of $50,000 per year. To retire at $40,000 per year by age 61, most of those polled will need to save almost impossible sums to make the $1,257,791 nest egg they'll need, assuming it's invested at 10 percent."
It might sound impossible to SUCCESS magazine, but that's because they don't know about the Debt-FREE & Prosperous Living system (yet). If you recall, our system will save the Average American Houshold $105,408 in interest, and help them build up $1,278,260 in retirement savings -- all in the same amount of time it would take them just to pay off their house the regular way -- and all with the money they already make!
Notice that our average family ends up with $20,469 more than the amount SUCCESS magazine calls "impossible." It seems impossible to them because they don't have a system to get there. But, as you know, we have a guaranteed system to help you achieve retirement as a debt-free millionaire...if you follow it.
So...follow it. If this past holiday season knocked you off the wagon, get back on. If your enthusiasm has waned, and you're having a hard time staying faithful to your debt-freedom plan, reread the above paragraphs from SUCCESS magazine. THIS IS NOT A DRILL! Your life will end up in the financial trash by default if you don't take control of it. The only way you can get to an enjoyable retirement is by sticking to your Debt-FREE & Prosperous Living plan.
If you need more motivation, I recommend the Foundations Series cassette tapes.