Missed Fortune Super Blog

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Missed Fortune – Will you have enough money to retire?

Posted on | January 13, 2009

Whether everyone will have enough money to retire is a question that looms large today for 80 million Americans — the Baby Boomers born between 1946 and 1964.

The crisis?  Most Boomers will not have enough accumulated for retirement to meet their needs, let alone their wants.

The problem? The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their next egg.

The solution?  Social Security isn’t the answer.  Taking ownership is the answer — through asset optimization and equity management with proper financial planning.

Doug Andrew

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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