Another great article with some interesting numbers from the Bureau of Statistics:
WARNING - Read This or Risk Going Broke Like 96% of the population!
This may shock you but the Bureau of Statistics shows that 96% of the population at age 65 end up dead or dead broke on a pension. Only 3% become financially independent, and only 1% at age 65 will become rich and there is a similar pattern in most western countries including Australia, New Zealand, USA, UK, Canada, Japan and Europe.
And it's getting worse...
On February 26th, 2004, Peter Costello, Federal Treasurer MP, told ABC Radio that in the future "There's going to be no such thing as full-time retirement." He continued with "There's going to be part-time retirement, and part-time work.
Obviously, the bottom-line for you and I is that we need to do something about it. Otherwise, it's almost too easy a prophecy that many of us will end up working and broke at the age of 65... 70... 75!
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MONEY is your number one problem - True? Like most people you need more cash, and you need it right away.
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How do you think the rich became rich? Do you think they are more intelligent than you? Or were they born into wealthy families? Or perhaps they have a lucky charm and everything goes their way. No! I don't think so.
You see the fact is....We all make our own luck!
If I gave you 10,000 right now, 80% of you will have spent it in 12 months. 16% would turn it into 10,500. 3% would turn it into 20,000 and just 1% of you would turn it into 1 million in 12 months!!
Do you want to be right or do you want to be rich?
It's estimate that 50% of the people who read this and then act on it, could within 90 - 180 days, be making more money while they sleep than they make while they work. Which half are you in?
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This report may be used anywhere by anyone as long as nothing is changed. Place it on your websites, email it to friends and colleagues. Don't keep this to yourself because greed, like fear, won't get you anywhere in life.