Debunking another myth taught by upline. People aren't broke by age 65. In fact, all of the retirees I know all live quite comfortably, travel several times a year. enjoy golf and other activities. Uplines want people to believe they will struggle in their golden years and the convince you that the Amway opportunity is the only way to avoid it. Check out the facts for yourself!
Economics – More older people enjoy increased prosperity than any previous generation, with an increase in higher incomes and a decrease in the proportion of older people with low incomes and in poverty. However, major inequalities continue to exist for older blacks and for people without high school diplomas, who report smaller economic gains and fewer financial resources.
• Income generally rose between 1974 and 2006. The proportion of older people with incomes below the poverty line went from 15 percent to 9 percent; those categorized with low income dropped from 35 percent to 26 percent; those with high incomes increased from 18 percent to 29 percent.
• Median net worth for households headed by whites age 65 and older was six times that of older black households, although the gap has slightly narrowed since 2003.
• More older people, especially women, continued to work past age 55.