Page 76 - Charles Calhoun Book Rich As You Want To Be

with social security, you have almost no say as to

how much you receive each month. With your own

personal account, you are in total control and can
literally write your own check or move funds into

your bank account with a few mouse clicks on your

computer when you want to. With your own
accounts you can also choose what to invest in. It

is easy to do and may produce better returns than

Social Security’s record of very low annual returns.

My advice is to save money. Pay yourself first.
The first bill you pay each month should be to your

own investment account. If you don’t take care of

your future, who do you think will do it for you?
That’s right, nobody will. Should you fail to save,

there is a good chance you will experience
hardship. Remember that 33 percent of seniors

have no savings for their future or retirement.

Don’t let that happen to you.

Why do you need savings for retirement or to

be financially independent and enjoy a rich life? I

think that is obvious. Invested wealth can also
earn money and can produce a cash flow or future

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