OK - moving forward. For the "next law of gold," Clayton Johnson advises us to "invest in future income."
In the 21st century, this simply means preparing for your retirement.
It is pretty much a given as I write this that the idea of retiring at 65 (for most people) in America is a pipe dream. First, the idea of retiring at 65 was more or less an arbitrary number decided by Otto von Bismark, the German chancellor who developed the modern German state in the late 19th/early 20th century. The "65" number was accurate at the time it was made since the average lifespan of a person during that time period was about 60, so a person who lived to 65 and beyond was already ahead of the game. Now, of course, the average lifespan for an American is about 80, which means that any retirement savings must last at least 15 years past the retirement age of a worker.
Retirement schemes are, of course, a major opportunity for fraudsters.
In the 21st century, this simply means preparing for your retirement.
It is pretty much a given as I write this that the idea of retiring at 65 (for most people) in America is a pipe dream. First, the idea of retiring at 65 was more or less an arbitrary number decided by Otto von Bismark, the German chancellor who developed the modern German state in the late 19th/early 20th century. The "65" number was accurate at the time it was made since the average lifespan of a person during that time period was about 60, so a person who lived to 65 and beyond was already ahead of the game. Now, of course, the average lifespan for an American is about 80, which means that any retirement savings must last at least 15 years past the retirement age of a worker.
Retirement schemes are, of course, a major opportunity for fraudsters.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
NOTE: ANY INDIVIDUAL WHO HAS NOT PLED GUILTY TO A CRIME OR
WHO HAS NOT BEEN FOUND GUILTY BY A JUDGE OR JURY IS INNOCENT UNTIL PROVEN GUILTY
AS PER THE LAWS OF THE UNITED STATES OF AMERICA.
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tausk
