What do you think is preventing Americans from saving for retirement?
Posted 01-07-2014 at 04:36 PM by Pinkmani
Quote:
As I have said in other threads, the problem is the standard that passes for "average" in America is pretty sad.
--68% of Americans are overweight (and then wonder why health care is so expensive).
--33% are obese.
--Americans only save 5% of income, yet there are lower income countries that save much more (like China).
--The average American gets divorced or has a kid(s) out of wedlock.
--The average American blows money on at least on of the following non-necessities: tattoos, piercings, cigarettes, recreational drugs, alcohol, $4 coffees.
With much of the above behavior passing for average, it's no wonder the average American is not doing well financially.
--68% of Americans are overweight (and then wonder why health care is so expensive).
--33% are obese.
--Americans only save 5% of income, yet there are lower income countries that save much more (like China).
--The average American gets divorced or has a kid(s) out of wedlock.
--The average American blows money on at least on of the following non-necessities: tattoos, piercings, cigarettes, recreational drugs, alcohol, $4 coffees.
With much of the above behavior passing for average, it's no wonder the average American is not doing well financially.
Total Comments 1
Comments
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Well, that and President Obama, who wants to take every penny you and I have, tax it, and then spend it on his next lavish vacation.
Posted 01-11-2014 at 10:50 AM by malfunction