re: 42% of Americans are at risk of retiring broke

quote:

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People care about appearances too much and they'll do whatever it takes to gain that image they want.

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I once worked a summer in a small town bank in the 70s. Most people then invested in bank CDs, and financed their houses and cars through the local bank so it was easy to get a pretty clear picture of someone's finances. I learned that a lot of the people in the town that were assumed to be well off because of where they lived and the cars they drove didn't really have any money. .