Investing Secures Your Quality of Life – FOREVER

I read an article yesterday that contained some shocking statistics. Chief among them was this: 45 percent of baby boomers have no money saved for retirement.

Zero dollars.

Nada.

This is scary.

Look at Reddit’s personal finance subreddit on a given day and you are likely to find several posts from young adults about the financial trouble their parents are in as they approach retirement age. There are people in their 20s, 30s, and even younger taking out loans, applying for credit, and otherwise putting their own finances at risk in order to support their parents.

I happen to love investing. My personal goal in investing is financial freedom. I do not simply want to survive in my later years. I want to thrive.

And I’d like to accumulate wealth that I can pass down to my daughter, for her financial freedom.

Now, you may not care as much about amassing significant wealth. You may genuinely just want to be “comfortable”.

There’s absolutely nothing wrong with that.

But in order to always enjoy the quality of life you do now, you are going to have to have your own money.

You may be 45 and earning a good income now. You may have great health benefits through your employer. You may have a comfortable place to live, eat well, go on vacation once a year, and “want for nothing”.

Eventually, though, you will be 65.

If you don’t have enough money saved by then, you won’t be able to retire and live in the same way you are living now.

Many people say they will continue to work. But come on.

Human biology being what it is, it is highly unlikely that your 65-year-old body is going to be able to handle working the same amount of hours and handling all the same responsibilities as your 40-something body does now.

So you might work, but you’ll be making less than you do now.

Fast forward to age 75. Then 85. Americans are living longer than ever.

Eventually, you’re simply not going to be able to work anymore.

You’ll have Social Security, which is a pittance: the average benefit equals $14,000 per year.

You may be in the fortunate minority who retire with an employer pension.

But it still won’t be enough to maintain the comfortable quality of life that you are used to now.

Your healthcare costs, which may be negligible right now, will increase the older you get. And nope, Medicare doesn’t cover everything. Not by a long shot!

Bottom line: If you don’t want to struggle in your old age, you must save and invest now.

I wrote my book, The Stock Market is For Everyone, with a goal of encouraging as many regular, everyday, working people as possible to invest in the stock market.

That doesn’t mean you have to invest in hyper-growth stocks. like I do.

It doesn’t mean you have to pick your own stocks, like I do.

But if you want your senior years to be as comfortable, happy and enriching as your life is now…a safe place to live, good food on the table, quality healthcare, and enough money to do the things you enjoy…

…then you must save and invest.

Please take a look at my short guide today. It’s an inexpensive and easy read.

And it stands to impact the quality of your life…forever.

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

 

 

 

 

 

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