Issues Of Financial Independence

So often we hear how hard it is in America to retire with financial independence.
We hear horror stories that only a small percentage of our population has any money in retirement and that most folks are poor in their afetr years. We hear stories from those who attempt to sell us stuff that 50% of us will be dead or broke at age 60.
We hear that so much that many have begun to acecpt that as fact. In fact it is part of a sales technique used in MLM or Multi-Level Marketing.Recently in a coffee shop a future teacehr was told that; “only 2% of the American population's retirees are financially independent.”Of course being a teacher and of intelligence she raised an eyebrow to that. And she said; “Quite frankly I find that to be unfounded and erroneous."The person who told her that was attempting to sell her on joining a multi-level marketing Internet type bsuiness. She asked what the true percentages really are and if that information was false. Well it would depend how you define financial indpeendence really. But statistically things are not as rosy as many think.
Stay off the heavy use of credit cards and respect your money of course. And wtach out from scam artists who prey on Teachers.

For instance that today in the news:http://abclocal.Go.Com/kgo/story?

Section=local&id=3821454The two-percent figrue seems to be one a lot of people use and too often.
And the 5% is also used a lot. I have traveled the nation and been to every city and I think it maybe higher than that actually, no matter how you define it. But if he is referring to the super wealthy he might be correct, you see?