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It's happening. And it's happening right now. Today, all across America, 10,000 Baby Boomers
turn 65 years old, the age of retirement. Tomorrow, another 10,000. But only a few will
retire with financial security. Most will not. Why? Because 95% of Americans haven't
saved enough during their 40 years of work to pay for their 20 years of retirement. 33%
have saved nothing at all. If you're counting on Social Security to bail you out, think
again. Social Security provides enough to live around the poverty line. Many predict
it won't even be here when it's your time to retire. What's more, people are living
longer than ever. You may need you retirement savings to last 30 years, maybe more. So what's
the solution? It's pretty simple. Spend less than you earn, set a monthly budget, then
pay yourself the first 15% and direct deposit it into your 401k, IRA, or retirement account.
Then use the web to monitor your accounts and track your progress. If you do nothing
else than pay yourself the first 15% of every paycheck, you'll have a far better chance
to live out your golden years in financial comfort. The best time to start saving for
your future is right now.