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How I Retired in 15 Years with $300 a Month

 



"Europe, here I come! First, I'm go­ing to visit cousins I've never seen outside of London. Then I'll just travel about. All my life I've been wanting to go to Europe, and at last I have the time-and the money to do it. How can I afford to spend sav­ings for this trip? You see, I have a lifetime income-a check for $300 a month as long as I live.
"Come to think of it, a young Eng­lish cousin was indirectly responsible for my being retired now. Back in 1940, during the Battle of Britain, we took Paul to live with us. He was ten. He often talked about his home ­the village my family came from. The more I listened, the more I wanted to go to England after the war.
"I had a good job at the time, with· a promising future. But when I ac­tually got down to considering going to Europe, I realized I'd never be able to take off more than two weeks at a time unless I could retire some­day. Yet retiring seemed impossible. I had never been able to save much. I was nearly forty.
"But, one day, while I was waiting at the barber's for Paul and my boys, I happened to be glancing through a magazine and noticed an ad about a way to retire. It was called the Phoenix Mutual Retirement Income Plan. It said if I started young enough - in my forties or sooner-this plan could provide an income of $10 to $300 a month for life. I sent for the book­let that very morning.
"In a few days the booklet arrived in the mail. My dreams suddenly be­came possibilities. This plan was made specifically for someone like me. Why I'd even be able to retire earlier than I had ever expected.
"Of course, I compared Phoenix Mutual to other retirement methods. But the more I compared, the more clearly I saw it was best for me. Just as soon as I could, I applied and qualified for my Phoenix Mutual Re­tirement Income Plan.
"To think I'm actually on my way to see Paul! It's hard to believe he's grown up now, and married. My next check for $300 is waiting for me in London. I've never felt so carefree

in my life. And I'm still young, with years to look forward to."   From February 18, 1957 issue of Life Magazine
 

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