Page 17 - Time Money Health
P. 17
OLD SCHOOL
THE AVERAGE PERSON WILL WORK FOR ABOUT 40 YEARS. USING AN AVERAGE
INCOME OF SAY $60,000 PER YEAR WILL EARN THIS PERSON A TOTAL OF $2,400,000
FOR THEIR LIFE. BUT HOW MUCH DO THEY ACTUALLY GET TO KEEP AND SPEND.
THE CURRENT STATISTICS SHOW THAT THE AVERAGE PERSON AT AGE 65 HAS LESS
THAN $20,000 SAVED AND VERY FEW HAVE ANY RETIREMENT.
MOST PEOPLE THINK THAT THEIR SOCIAL SECURITY AND COMPANY PENSIONS WILL
HANDLE THEIR NEEDS. MAYBE FOR SOME THIS IS SO.
