But What If I Live? the American Retirement Crisis pdf epub mobi txt 电子书 下载 2025

A dramatic wake-up call for a generation of overspent and undersaved Americans who face the very real possibility of outliving their money.

But What if I Live? The American Retirement Crisis explores the seven key challenges that stand between your clients and a successful retirement. When they understand these challenges they'll be driven to take action to overcome their impact on retirement, and avoid a retirement with less income and a lifestyle to which they are not accustomed. That is where you come in.

The Seven Key Challenges to Your Clients' Successful Retirement

Getting Old: Since 1900, the average life expectancy of Americans has nearly doubled. According to Cerulli Associates, in the next 20 years, 43 million households, nearly half of all existng American households, will move into retirement, pushing the number of 65+ year olds to more than 69 million people.

Disappearing Pension: Each year more than 1,000 employers voluntarily shut down their pension plans. Consequently, the number of employer-sponsored pension plans has declined precipitously, from 114,000 in 1985, to 31,200 in 2004.

Social Insecurity: The federal government owes Social Security over $1.5 trillion. As Social Security marches toward bankruptcy, two-thirds of retirees rely on it for 50 percent of their income and 33 percent use it for 90 percent of their income.

The Tax Axe: Taxes are the single greatest monthly expense in a household and while your clients may not consider themselves rich, chances are the IRS does. Households earning $56,475 or more in 2005 are in the top 25 percent of U.S. taxpayers.

The Invisible Enemy - Inflation: If your clients need $50,000 a year today, they'll need $65,239 in 10 years and $101,640 in 25 years to maintain their standard of living. This invisible enemy is silently eating away at their purchasing power and decreasing the value of their assets.

The Nightmare of Health Care: The Employee Benefits Research Institute estimates that, even with Medicare, the average American will need almost $300,000 just to pay Medicare premiums in retirement.

Red, White and Broke: Six out of 10 adults have saved less than $10,000 and 6 out of 10 don't have any sort of retirement account.

Praise for "But What If I Live? The American Retirement Crisis"

"Dr. Salsbury s book offers common sense solutions for those who want to avoid America s retirement crisis. It is destined to become the bible for anyone interested in attaining a financially secure retirement."

Professor John P. Huggard, J.D., CFP, CLU, ChFC

Department of Business Management

North Carolina State University

"This book is such a wonderful compendium of historical and statistical financial information that it should be read and kept on every book shelf."

Donald Ray Haas, CLU, ChFC, CFP, RFC, MSFS

Author of "Financial Planning for the Baby Boomer Client" & "Money Forever"

"An exceptional resource that details the threats facing both boomers and retirees, and provides a needed wake-up call for consumers to act today to safeguard their future years. I believe this easy-to-read book will be popular with both clients and financial advisers."

Jack Marrion

Financial Author, Publisher and President of Advantage Compendium, Ltd.

"It is hard for young people who want it all now to listen to the voice of their future old self. Gregory Salsbury reminds us that most people need all the help they can get from employers, financial advisers and the government to quiet the voice of the young and bolster the voice of the old."

Professor Meir Statman

Department of Finance

Santa Clara University

"Greg Salsbury delivers harsh facts and simple solutions in a book that should propel readers to stop spending and start saving for retirement."

Ed Slott, CPA

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