| What Side of the Fence Are You On? THE FACTS: 5 trillion dollars are saved annually in the wrong place. • Savings accounts • Certificate of deposits • Credit Unions Only 68 percent of working Americans are saving for retirement. The remaining 32 percent are not doing anything. Of the 68 percent saving for retirement, only 45 percent have $25,000 saved. The remaining 23 percent may be doing a better job of investing. Conclusion: 77 percent of the American people need help. Being a part of the 45 percent that’s doing something, are you truly satisfied? Realizing that you are not on target for retirement, does that concern you? Knowing that you are not earning enough to keep up with inflation, does it scare you? You may have cash sitting in a low interest savings account because you don’t know where to invest it. Or, you may not understand some of the investment options available to you. There are probably numerous reasons you have chosen the ultra conservative approach. Being financially illiterate is not an excuse. Knowledge is power. Get the help you need and start making your money work for you. Author, Jo Ann Brown, has written a book titled “Getting Started On Your 401 (k) Plan.” One reader stated “this is one of the best reading books I have owned. The book has been written in a systematic way that allows the reader to learn. The language she uses is simple and understandable”. The book provides the basic fundamentally sound advice of “pay yourself first”. You work hard for your money. Now, let your money work hard for you. Anyone trying to save and invest in an IRA needs this book. Anyone trying to save for other short term and long term goals needs this book. |