| Sargent & Lundy Savings Investment Plan |
| WHERE WILL THE MONEY COME FROM |
| The following excerpts are from an article in the November
1998 "Retire With Money" newsletter. The opinions expressed may
or may not reflect those of the SIP Committee.
If you're among the top 20% of earners today (household income: around $90,000), estimates show that you, not the government or your company, will be responsible for the bulk of your financial well-being in retirement. Not only is the trend toward working in retirement expected to grow, but as employer retirement plans shift from pension to employee-funded plans, like 401(k)s, your own savings habits today will be more and more responsible for your prosperity tomorrow. RETIREMENT INCOME IN 2010* Personal assets - 31% Employer retirement plans - 24% Earnings - 25% Social Security - 19% Other - 1% *Source: Kennell & Associates |
This page updated on 11/9/98