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GREG PATTON SAID TO CUT THIS DOWN

Afterword

I hope that you enjoyed reading this book and that you found it
interesting and informative.

Planning for retirement is more difficult for today’s investors
than it was for previous generations. Because of longer life

expectancies, people retiring may live in retirement for 20, 30,
even 40 years.

Additionally, many of the financial pillars supporting retirees
in previous generations have either disappeared altogether

or are slowly going away. Company pension plans are quickly
becoming a thing of the past. Even retirees who are fortunate

enough to have a company pension plan face the specter of
having the promised benefits cut back. Company-provided

medical benefits are becoming less and less common, and
today’s retirees must shoulder all or part of the costs of medical

care over what will almost certainly be a longer life than their
parents or grandparents had.

The combination of longer life expectancies and the loss
of some traditional sources of financial support in retirement

mean that present-day retirees must accumulate a significant
financial nest egg to fund their retirement. In order to accumulate

that money, most people must invest in a way that will provide

Chapter 6: Your Action Plan