Different Financial Personalities
Read some interesting number recently and wanted to share with our viewers.10%- say there is no point in saving for retirement t because it’s too far away. And besides. They can’t figure out how much they will need anyway. (2/3 are over 45 years old.)9%- encounter regular financial setbacks that sabotages their savings plans.20%- hope to retire early, though they haven’t started saving yet. Those who have started saving have less than $10,000. 40% are over age 45 or older.21% – Many ages 35-44 have started saving and feel they are doing a good job, though only about half are confident they will be able to afford retirement.23% – Believe that if you make provision you can have a good retirement. These folks are risk tolerant and some expect to be able to retire at 60.17%- Have saved and continue to save. Only about half of them are confident in their abilities to do a good job with their money. They prefer simple saving to investing.What category are you? Where would you LIKE to be? It is never too late to do something to change the future. Marion Syversen, MBANorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.comCheck out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc. and Norumbega Financial are separate entities, independently owned and operated.