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Home > Slides - Why Most People Retire Broke? |
Why Most People Retire Broke?
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Despite some degree of individual financial planning, many individuals still fail to achieve their goals or to attain financial independence. There are many reasons for this but the top seven are as follows:
- Many people simply cannot afford or simply do not save or invest enough.
- Many people ultimately spend some of their money before it has been fully utilized towards reaching their financial goals.
- Many people lose money in the stock market or other risky investment.
- Many people do not sustain the rates of return outlined in their financial plan.
- Many people do not recognize killer impact of inflation.
- Many people suffer from deadly disease called procrastination.
- Many people pay too much in taxes.
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