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Retirementology: Rethinking the American Dream in a New Economy by Ph.D. Gregory Salsbury

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9. Long-Term Smart®

After a lifetime of diligently saving, a woman in Tel Aviv, Israel, had accumulated a nest egg of over a $1 million. The grandmother of four didn’t believe in investments or banks; in fact, her bank was her mattress, and she had slept on the same mattress for decades. In a surprise gesture, however, the lady’s daughter bought her mother a new mattress and threw the old, tattered mattress into the trash. By the time the daughter ...

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