Some years ago, the late Nobel prize-winning Dr. Albert Schweitzer was asked by a reporter, “Doctor, what’s wrong with men today?; The great doctor was silent a moment, and then he said, “Men simply don’t think!”
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This is so true especially when i talk to the people i meet about retirement funding or even disability and illness protection. The common responces are:
"Retirement is such a long time away, I have not thought about it yet. In fact, I don't even want to think about it!"
"There's no need to think about it. I don't think I'll get cancer" (As though it's up to the individual to choose whether or not to get cancer!)
This is so true especially when i talk to the people i meet about retirement funding or even disability and illness protection. The common responces are:
"Retirement is such a long time away, I have not thought about it yet. In fact, I don't even want to think about it!"
"There's no need to think about it. I don't think I'll get cancer" (As though it's up to the individual to choose whether or not to get cancer!)
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My point here is this: Let's think about our future! And let's put our thoughts into action!
Earl Nightingale is famous for repeating this particular statistic:
If we take 100 individuals who start even at the age of 25, what will happen to those men and women by the time they’re 65? These are 100 people who believe they’re going to be successful. They are eager toward life, there is a certain sparkle in their eye, an erectness to their carriage, and life seems like a pretty interesting adventure to them. However, by the time they're 65, the statistic look like this:
Earl Nightingale is famous for repeating this particular statistic:
If we take 100 individuals who start even at the age of 25, what will happen to those men and women by the time they’re 65? These are 100 people who believe they’re going to be successful. They are eager toward life, there is a certain sparkle in their eye, an erectness to their carriage, and life seems like a pretty interesting adventure to them. However, by the time they're 65, the statistic look like this:
Everyone started on the same footing but only 1 became rich. Only 4 can pay off all their loans and debts and finance their own retirement. 5 of these are still working at age 65 while 54 are totally broke and depend on others entirely for their daily living.
We learn to read by the time we’re seven. We learn to make a living by the time we’re 30. Often by that time we’re not only making a living, we’re supporting a family. And yet by the time we’re 65, we haven’t learned how to become financially independent given all the opportunities we had.
So let's start thinking about the future now! After all, planning is all about bringing the future into the present so that something can be done about it today. Cheers!
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