years old
$37,000
$14,000
years old
$97,000
$36,000
years old
$179,000
$61,000
years old
$236,000
$89,000
Ultimately, the main question of any retirement plan is what is the likelihood that my plan will work. In other words, will I run out of money in retirement? Ideally, you want to see a score in the high 90’s. Remember, a simulation score below 100% indicates that retirement in some years will result in running out of money.
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Nancy Levin
Worthy: Boost Your Self-Worth to Grow Your Net WorthWhether we make our own money or rely on someone else, many of us would rather pretend our financial matters don’t exist. Or we hope they’ll just take care of themselves somehow. My ex-husband was like that. He always said, “I bank by prayer. I go to the ATM and pray that money will come out.
Thomas J. Stanley
The Millionaire Next DoorBefore you can become a millionaire, you must learn to think like one. You must learn how to motivate yourself to counter fear with courage. Making critical decisions about your career, business, investments and other resources conjures up fear, fear that is part of the process of becoming a financial success.
Mark Singer
The Changing Landscape of RetirementI believe that the biggest mistake that most people make when it comes to their retirement is they do not plan for it. They take the same route as Alice in the story from “Alice in Wonderland,” in which the cat tells Alice that surely, she will get somewhere as long as she walks long enough. It may not be exactly where you wanted to get to, but you certainly get somewhere.
Manoj Arora
From the Rat Race to Financial FreedomTo achieve what 1% of the world’s population has (Financial Freedom), you must be willing to do what only 1% dare to do. Hard work and perseverance of highest order.