Even though we live in the most affluent country in the world, where most people earn and spend a fortune in the course of their working lifetimes, why is it that the majority ends up dependent on social security, pensions and relatives when they retire?
If a person earning $25,000 dollars per years would just save $2500 dollars per year, ten percent of his income, and invest it carefully to earn a return of ten percent compounded over the course of his working lifetime, the years from age 21...
Published on September 05, 2012 12:58