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Historical Statistics from the early 1960's

Fewer men are worth $100 at age 68 than at age 18...after 50 years of hard work.

Devney's Economic Tables 

85 out of 100 reaching age 65 do not possess as much as $250

Social Security Board

At age 65...
45% are dependant on relatives 30% are dependent on charity
23% are still working 2% only are self-sustaining.

Social Security Board, Washington, D.C.

Records show that of 100 reaching age 65--

  • 45 may live to be 80
  • 24 may live to be 85
  • 10 may live to be 90

Not one man in thirty who retire with a competency (sufficient supply of either property, capital-income, etc.) is able to retain it to the close of his life.

Canadian Gov't Annuities Bulletin

Only 3 our of 10 in the top income brackets ($10,000 up) can quit at age 65

National Underwriter

"Cost and result of stock trading -- $97% lost money -- 2% broke even -- 1% made money."

Dr. H.H.Burbank, Assoc.Prof.Dept. of Ec., Harvard School of Business

The incomes of Doctors, Lawyers, and most professions on an average start topping off at age 47 1/2 and plunge rapidly after age 54.

U.S. Dept of Commerce Bulletin

"Under the present tax schedules, $45,000 to $50,000 is nearly the maximum estate a man who earns $10,000 a year for twenty years after the age of 40 can create for himself or leave his family through straight savings and he must live on half of his income to do even that. Building substantial estates will be a rarity with present income and estate taxes."

The New York Certified Public Accountants Magazine


IT IS INCONVENIENT TO BE ALIVE PHYSICALLY BUT DEAD FINANCIALLY