Excerpt #1
It may be that you can expect an eighteen-year retirement today, but retirement will be very different for your children. It will be a LONG time before your children retire. Think about the medical advances of the last fifty years. What will we see in the next fifty or sixty years? In the last fifty years, we have seen the average life expectancy increase about nine years. Let us be very conservative and say that we expect to add only another nine years of life expectancy over the next fifty years. Add those nine years to the eighteen-year after-work life expectancy of today and you get twenty-seven years to live after your work income stops. More than a quarter of a century. And that is a MINIMUM. That is a long time to live at the poverty level, and that assumes the Social Security system is able to offer the same benefits as it does today, which is unlikely.
Excerpt #2
Think about this again. You were only able to save $5 per week until he was 18, but by following this program, you may have given him as much as $500,000: FIVE HUNDRED THOUSAND DOLLARS. And you have given it to him at a point when he will really need it, and it is tax free. In addition, you will have shown him the results of making a plan and following through on that plan, thereby shaping his attitudes.
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