Can You Afford a $117,000 Hit to Your Retirement Plan?
Knowing from the experience of others that this kind of loss
looms as a strong possibility in your future, will you take steps to side-step such a serious financial body-blow? Will you take steps to protect yourself?
The background information comes from a startling new survey conducted by Ameriprise Financial. The average survey respondent, drawn from a pool of 50-to-70-year-old adults with $100,000 or more in savings, LOST $117,000 to significant financial setbacks -- events which surveyors call “derailers!”
On average, surveyed families had suffered four significant setbacks, and nearly 40 percent had endured five or more “derailers” -- at even greater cost!
Stop and consider this: beyond the dollar figures, each setback carries its own burden of sweat and stress. More than four in ten surveyed say their savings lag behind earlier projections, and 55% describe the cost as “extreme” or “somewhat serious.” If 90% of Americans suffer this kind of loss, is this what YOU want?
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