Evening star., 1961-09-12
Will you be able to retire
in about 25 Years?

We hope SO of course. The only problem for most
people is will they be able to2 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 modest investment pro-
gram - the regular purchase of good common stocks
over period years can be big part of that answer
Why?
Because that's what the record shows Suppose, for
instance that it the year 1886 when you had de-
cided to start investing toward your retirement in 1861
You had enough insurance for protection, enough
savings for emergencies; you began to put ST. 900
year into common stocks.
Now we're not sure which stocks we would have sug-
geSted then, and don't want to be accused of pick
ing and choosing by hindsight either
So let's say you bought 81 900 worth of typical
common stock composite OF the 425 stocks used to
make up the well-known Standard Poors Industrial
Stock Price Index. ~.
Suppose that you had followed your program faith
fully and had bought 81 900 worth of that typical stock
every year on July l, starting in 1886 Now you are
ready to retire. Just where would you stand?
WE'LL let's look.
In the 25 years through June 3Oth of this year, you
would have invested $4,000 all told, and you would
have bought l,43O shares of that typical stock.
At mid-year 1861, those 430 shares
alone would have been worth $685..
But you would have received another
S3l, in dividends over the years .
And if you reinvested your dividends after taxes,
as you went along you'd own another 1852
shares of typical stock worth $92,5l0
In other words you could have retired on June 30th
OF this year with grand total of 1872 shares of typical
stock with market value of Sl90,322.'
Then if YOU received AZ return in dividends
around the average for about out of 10 common stocks
on the New York Stock Exchange last year-you
nua income before taxes would be little over 1880
without touching your principal at ALL
But what if you had wanted to retire on Tune 30th
of any earlier year? You could have sold out and,
counting dividends, you would have had profit in
every year except five and the most you could have
lost even then would have been less than $500.
Of course, this all happened since 1885,
We can't promise that you'll benefit from the same
kind of market movement the next 20 or Is years.
1t might be either more less advantageous. SINH
larly we can't promise the same dividends, either
But we do think on the basis of the record record
established through good times and bad through
and peace-that more people should consider how much
common stocks can contribute to their retirement
If you'd like our help in setting up an investment
program of your own for retirement just ask.
Well do all we can to help you select the most
suitable stocks currently available, and to make any
suggestions that in order time goes by and
security values change.
There's no charge for this service, no obligation
In the meantime, if you'd like to have easy-to-
read down-to-earth primer the fundamentals Of in
vesng well be happy to give you copy of our basic
booklet what Everybody Ought to Know About This
Stock and Bond Business. You can call, come in, or
simply write.
Computations include brokerage fees at preoaibng
rates and Federal Income Taxes diuidendS fig
ured at toddyS rates for a married rth chill
dren and doerage salary oUer the years of $SO00
u