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Unfortunately, many Baby Boomers do not have enough money to retire!
79% of baby boomers are contributing to retirement saving plans, but 50% of them have saved up less than $100,000, and more than a third of them have saved less than $50,000 for retirement.”- PwC Employee Financial Wellness Survey
Harbor City Capital was featured in a recent FutureSharks.com article titled: “Most Baby Boomers Can’t Afford to Retire and Harbor City Capital Is Doing Something About It”
When interviewed, Harbor City Capital CEO JP Maroney said…
“I’ve spoken at many seminars and conferences where Boomer investors gather, I’ve heard their stories, and some of them are just tragic,” says JP Maroney. “Many baby boomers obviously have just simply not prepared appropriately for retirement, but there is a good portion who did prepare, who worked the career, who saved money and invested wisely, but saw most or all of their net worth wiped out during the tech bubble or the 2008-09 financial crisis. I feel very fortunate that we have an opportunity at Harbor City Capital to do something about it.”
CLICK HERE to read the full article.
American entrepreneur, investor, and philanthropist with more than 26-years experience starting, building, buying, and selling companies in publishing, media, advertising, software, e-commerce, textiles, training, real estate, and consulting. He's Founder & CEO of Harbor City Capital.