Financial Independence of Elderly Statistics Project

Financial Independence of Elderly - Statistics Project ExampleUnfortunately for those who ar approaching retirement age, the ever-increasing numbers of people eligible for Social Security means that the government may, in future, exhaust its allocated funds. The most interesting statistic here is that 23 percent of people aged 65 be still work. Some may be working voluntarily, but the majority of people atomic number 18 working simply because they have no other means of financial incarnate. Many must take jobs that are far below their professional capabilities, and pay much less than they were once able to earn-competing with the younger generations is besides too difficult.Only two percent of people aged 65 in the United States are financially independent. What did this two percent of people do that the remaining 98% did not Whatever the attend may be, it is evident that the vast majority of 65-year-olds do not enjoy financial freedom later working for more than 40 years. A recent Time Magazine article noted that those who are aged 65 and over often have one or even two jobs to support themselves. It occurs to me that the question of how to live like one of the lucky two percent is a very important one for me to answer, so that I dont have to live like one of the 98 percent.