Why Can’t People Accumulate Enough Wealth?
Everybody wants to accumulate wealth for the future. But do you find that your attempt or effort to “save” does not bring you anywhere to an amount that will be enough to live with dignity, if suddenly you stopped working? This article will present the “culprits” for this undesirable state of affairs.
How Do You Want to Have a Wealth Accumulation Program?
You’re earning now, and enjoying your earnings. You are young, healthy, vibrant, full of love for life. Fast forward the future. You’re old. You’re sick. You still love life, but you have no money.
Wealth Accumulation in These Difficult Times
Wealth accumulation is everyone’s lifelong dream. It is achieving financial sufficiency at the earliest possible time. But the “earliest possible time” becomes almost an impossible dream when we realize that only few people really achieve it in their lifetimes. Where everybody is talking about the difficult times, here are some items for consolation.
Enjoy a Carefree Retirement by Starting Now
I began thinking about retirement when I was 25 or 26 years of age. I had a sudden awakening when I met a 70 year of man who had to work to continue to eat and sleep indoors. He was employed in federal civil service for some 40 years and at the age of 65 he quit and withdrew all of his built up retirement funds. He then invested those funds in a business that failed. He had bet his future and lost so now he was out of options; he had to work. I might have been just like him if I had not met him and learned from his experience. Later while I was attending graduate school I discovered that Social Security was not viable at the current and forecasted rate of spending so my spouse and I decided to make some hard choices. I am now 71 years of age and we are living comfortably but not extravagantly because we made those hard decisions.
