According to the Social Security Administration, if you take any one hundred people at the start of their working careers and follow them for the next 40 years until they reach retirement age, you’ll find that only one will be wealthy, four will be financially secure, five will continue working—not because they want to, but because they have to in order to pay their bills—36 will be dead, and 54 will be broke and dependent on their friends, family, and the government to take care of them.
Only 1 out of 100 will be wealthy in retirement years.
