We often hear stories of how many Americans will be dead or broke at age sixty or how they will live poor the rest of their lives after they retire. You may be surprised to find out that these dire predictions are not as bad as they seem. In fact you can learn a lot if you will review the latest trends and research on the subject of financial independence.

The Official Oppenhiemer website has the most intensive studies and research that I have ever seen and they are showing "financially independent" as no more than 20%;

Https://www.oppenheimerfunds.com/

This is important information that you need to know as you plan for your retirement some day. So, if you will surf around that site you will find an accurate snap shot of that continually changing number of financially independent Americans. Personally I do not know what that actual number is anymore, but I certainly realize that we live in a great country and if you are wise with your earnings and money you can do well if you plan ahead. Please do not let anyone tell you that you are going to be broke when you retire.

For those who spend endless money in advance of their earnings thru high-interest credit cards, you will have issues when retirement rolls around. If you save your money and are wise with your investments, well this just does not have to be the case at all you see. Please be smart with your money, I really do not feel like paying higher taxes to pay for your mistakes or misuse of personal debt. In fact the monies I will be charged to pay for your measly existence in those later years is not fair to those of us who are paying attention and careful with our funds. Think on this in 2006.