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Promissory Note Investing – Have Your "Retirement Investing Ducks" in a Row

A "Slap in the Face Warning"
How often does one have a "slap in the face" warning before the truth sets in? Not properly saving for resignation has painful long-term consequences happens to be the truth.

A Good Retirement Outcome Depends on Good Retirement Investing
In all serious endeavors, good outcomes depend on good planning and good execution. From maintaining physical health to having a decent income, to ensuring you have enough money for retirement, good planning and good execution are the keys. Remember, pro-action is always better than reaction.

The sad truth is most individuals agree in principle that planning and execution is important; most individuals fail to plan and execute for their retirement. The results are these people end up not retiring with enough money to pay their monthly bills and to live a worry-free, decent life in their "golden years". Let's look at the retirement statistics:

Retirement Statistics Data
Average retirement age 62
Average length of retirement 18 years
Average savings of a 50 year old $ 43,797
Total cost for a couple over 65 to pay for medical treatment over a 20 year span $ 215,000
Percentage of people ages 30-54 who believe they will not have enough money put away for retirement 80%
Percentage of Americans over 65 who completely complete on Social Security 35%
Percentage of Americans who do not save anything for retirement 36%
Total Number of Americans who turn 65 per day 6,000
Percentage of population that is 65 years of age or older 13%
Statistic Verification
Source: US Census Bureau, Saperston Companies, Bankrate
Research Date: 1.1.2014

Why Do not Individuals Plan and Execute for Retirement?
The answer is simple – people say they are too busy; they're busy working, running their businesses, caring for their families, dealing with health problems, and a myriad of "other duties". They say they do not have time to get their retirement…

Read More…. by Lawrence Tepper

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