Released: April 1, 2009
Laguna Niguel, CA
Most Americans are unprepared to face the financial challenges that they willalmost certainly encounter during their lifetimes. In 2006, their savings rate (-0.5 percent) was the lowest since the depths of the Great Depression . In 2005, 39 percent of those within ten years of retirement had less than $25,000 in retirement savings. These statistics are particularly disturbing when one considers that the
Baby Boomer s were influenced by the sacrifices of their parents who lived through 4 A Common Sense Road Map To Uncommon Wealth World War I I and/or the Great Depression. If their savings rate is so woefully
inadequate, one cannot be optimistic about the prospects for the savings habits of their children.
Many of today’s youth have access to guidance counselors who can advise them on what courses to take to prepare for college. What is woefully lacking is a source of information on how to maximize one’s career potential and to develop a plan for accumulating wealth. Many of those graduating from college do not have either a career or a savings road map. It is these adolescents and young adults for
whom this book has been written. It is also a tool for their parents and counselors to assist them in planning for their futures.
Marvin
Doniger
Doniger Associates
Laguna Niguel, CA
Phone : 949-661-5456
Courtesy FeaturesUSA.com