So, What can the average American look forward to at retirement?

"...Retirement doesn't mean you don't work. So many people take part-time jobs during retirement because they're bored, they want to contribute, not to be set out to pasture,...if we do something we love, the money will naturally follow."

At age 50: 75% of the population has less than $5,000 in the bank for retirement

At age 65+, after 40 years of work:
96% are either dead or dead broke
95% can't afford to retire and will have to work until they die!!
80% have annual incomes of less than $15,000 per year
79% have total assets of less than $35,000
62% have annual incomes below $6,000
45% of Americans depend on relatives/are dependent on relatives
30% depend on charities/receive charity benefits
23% must keep on working to survive
2% are self sustaining/self sufficient in retirement
1% are considerably wealthy

(note: these stats are from around the year 2005 or so, the figures will probably be even less as time goes on.)

There is hope though. We don't have to rely on the government or a JOB for our security during retirement. If we start now we can create a good financial future for ourselves.

See some of your options at www.wfhincome.com .