Show US U.S. Business Man Should Be Thinking About His Retirement Money Needs Now BOSTON BOSTON Are Arc you between eating away the value of fixed fixed- 40 and bd 5 6 years yean of ege age 1 7 r If u so BO dollar savings During the the time Is here for yO you yop yOto to do same period American Industry some hard thinking about your has shown a substantial rise financial t. t 1 stela for your retirement retire retire- Provid providing opportunities for tor pro pro- productive ment years says Henry T. T 1 Investment In leading Vance president of Boston business a corporations Fund one one of the largest mutual Money Invested In US U.S. Industry In In- I tu funds da In the Is done so at the risk I US U.s. of loss of ot value In periods of ot That T h a t o old l d recession rece aion Mr Vance explained i r I age Is la considered consid Business a and stock prices fluctuate flue ered Bred to be a but their range long-range I major social trend has haa been consistently upI upward up up- I a problem In the ward and of course retirement retires retire retire- i s U US U.S. S. S Is und under under- r- r ment planning Is achieved Over Overa r scored by a long pull he added I t the these h e s e startling start start- GUIDE OUIDE TO BUILD MONEY ling ling- facts facts' Mr Vance offers cHers these these- suggestions sug sug- 13 out of ot as a guide to help 18 people who build the money you will need lare are now 40 for retirement Henry T T. Vance years of age 1 1 Measure your needs Only I will live beyond age 65 you can determine what your our Only o one of ot 13 Is financial financially requirements requirements will win be when you youly you ly Iy Independent after reaching reach retirement age age 65 2 Outline a program of in in- in insurance Americans are reaching retirement re re- aurance and Investments that thatis age at the rate of is tailored to meet your rea rea retirement re re- re- re a day needs Only seven per cent of ot all aU 3 Set aside as much of your g pe people eople p more than 65 years of cf bet het income as necessary to give age have incomes of more than reasonable assurance that your retirement objectives will be Today about three fourths met You also should set up an of the people In the US U.S. who adequate cash reserve to take are more than 6 66 years old careo care of emergencies either have no Income or re receive red 4 4 Your plan should Include calve less than 1000 a year a fair proportion of equities to Some 15 million Americans protect your dollar against Inflationary In In- are now between the ages of forces 40 and 55 5 Mr Vance reports 5 5 Finally and of most Importance Im im- Now is the time for them to tobe In any program of inbe in- in Inbe Investing In In- be thinking of their retirement vesting an individual should days The American business businessman seek professional advice man deserves a far tar better break Based on many years Of association as as- than he is giving himself In Inthis with mutual funds I Iam this respect am convinced ed that most people INDIVIDUAL JOB JOn would be well advised to look Certainly progressive steps Into this type of investment have been taken to meet the as oilS a practical and convenient problem of old age in the lower means of setting up a plan to income areas through Social reach their retirement goals Security he asserted While Mr Vance said Mutual funds these contributions are most offer broad diversification and noteworthy they have havo not completely com corn professional management solved the problem He lie noted that some 15 mil mil- million Preparing for tor ones one's retirement retire retire- lion Uon persons S hold more than ment Is an individual Job Mr three million shareholder accounts ac ac- ac- ac Vance explained as each of ofus counts in Investment companies us has a different view and de desire de- de devalued valued at more than 9 9 billion sire In regard to financial Many of these persons use uso needs The Important thing is isto mutual fund shares as vital to develop a productive pro pro- parts of their future financial gram pram and to stay with It It plans he Said ald In fact aThe a aThe The retirement program he stud study has revealed reveal d that the said should take Into account objective of more than two- two these basic economic factors of ot the shareholders of The purchasing power of the thirds dollar has been declining g during due dur ur- ur Boston Fund is to build up capital cap cap- tar Iu ing p st BO ro yc years rs steadily ital for tor future use un The TIMES TIMES INDEPENDENT INDEPENDENT Is a Candidate For Your The T T-I T I is a favorite medium Cul 5 b vitt t. t Subscription In Southeastern Utah Because u scrap Ion Week in and Week out It is a newsy neway paper D P. 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