1 in 3 Americans have less than $5,000 in retirement savings

[Insurance Forums Staff]

Insurance Forums Staff submitted a new article

1 in 3 Americans have less than $5,000 in retirement savings

New research finds waning confidence in Social Security; Americans expect to work longer.

Continue reading the Original Article.

 

[Markthebroker]

I took my first security investment class when I was 18. Everyone laughed.

I started taking real estate classes in my early 20's to learn about how to invest in real estate. Everyone laughed at me and told me to just do what the real estate agent and mortgage broker told me. We all know how good that advice was.

When I started making good money and all my co workers started buying nice cars and fancy lunches, they all laughed at me when I drove my old truck to work with a bag lunch.

Now, with firm investments in place, and a successful business, I have cut down to 30hrs a week and spend much time in my vacation home and going on trips as my income and investments continue to grow. I'll probably never have to work 40 hrs a week again, and I'm not even 40yrs old.

Funny, now I am the only one that seems to be laughing.

 

[Lifequote]

Th concept of savings should be instilled in the minds of the students from very early age. Only then they understand its importance and work towards their retirement goal.