Evening star., 1960-07-26
So You'd Like TO Retire
in about Is Years. >.

That's ine we don't blame you The only problem
for most people is-will they be able to? Will they
have enough income to enjoy the rest that they've
earned?
We can't answer that question for you of course.
But we do think that even a modest investment pro.
gram-the regular purchase of good common stocks
period Of yearscan be biz part of that answer
Why?
Because that's what the record shows. Suppose, for
instance, that the year 1895 when you had de.
cided to start investing toward your retirement in 1860
You had enough insurance for protection, enough
savings for emergencies you began to put ST 900
year into common stocks.
Now we're not which stocks we would have sug.
gested then, and we don't want to be accused of pick
ing and choosing by hindsight, either. ...
So let's say you bought 81 900 worth Of a typical
common stock-a composite of the 500 stocks used to
make up the welIknown Standard Poor's Composite
Index of Common Stocks.
Suppose that you had followed your program faith.
fully and had bought $1,000 worth of that typical stock
every year July l, starting in 1885 Now you are
ready to retire. Just where would you stand?
Well, let's look.
In the Is years through June 30h of this year, you
would have invested $4,000 all told, and you would
have bought l5l6 shares of that typical stock.
At midyear 1860, those l,5l6 shares a.,
alone would have been worth $9l,748...
But you would have received another
$3l GA in dividends the wears D..
And if you reinvested your dividends after taxes,
as you went along you'd own another 1927
shares of typical stock worth $77889.
In other words, you could have retired on June Both
of this year with grand total of 2803 shares of typical
stock with market value of Sl69637.*
And If YOU continued to receive 4co return in dvi.
dendsaround the average for about out of 10 com.
stocks the New York Stock Exchange last year
your annual income, before taxes, would be nearly
$7,OOO-without touching your principal at ALL
But what if you had wanted to retire June 3Oth
of any earlier year? You could have sold out and,
counting dividends, you would have had profit in
every year except four-and the most you could have
lost even then would have been just about $500.
OF course, this all happened since 1885
We can't promise that you'll benefit from the same
kind of market movement the 20 or 25 years.
1t might be either less advantageous. SINH
lary can't promise the same dividends, either.
But we do think on the basis of the record-a record
established through good times and bad through war
and peace - that more people should consider what
common stocks contribute to their retirement.
If you'd like our help in setting up an investment
program of your for retirement, just ask.
Well do all to help you select the most
suitable stocks currently available and make any
suggestions that in order time goes by and as
security values change.
There's charge for this service no obligation
In the meantime, if you'd like to have an easy.to.
read down-toe earth primer on the fundamentals of in
veting, we'll be happy to give you copy of our basic
booklet "What Everybody Ought to KnorU about This
Stock and Bond Business.
You can CALL come in, or simply write