Around ½ of Americans have no retirement accounts at all and according to the Government Accountability Office around 29% of households age 55 and older have neither retirement savings nor a pension. According to the Census Bureau the average net worth excluding home equity for those ages 55-64 is $45,447. Social Security was never meant to be the sole source of retirement income, so saving for retirement is essential for everyone.
If you are interested in finding out more about retirement investments and how to plan so that your money will last until you die then you will want to attend a seminar this Thursday, October 27th at the Ponca City Country Club. Hosting this event is local Waddell & Reed financial advisor, Link Cotham. A full dinner will be served at 6:00 pm and seminar to follow. In order to attend you must RSVP by calling Link at 580-718-5341 on or before Wednesday, October 26th.