My resignation.

And Esther Chávez was a brilliant accountant in Mexico City.

Fine, until I found a resignation fax waiting for me from Andrew Blauner.

George Rutherford. What happened to him?

And how come you ain't got a job anyway?

I'll draw it a little bit bigger.

Why are you leaving me?

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

But when I talk about the asset, I'm talking about only the operating assets.

Things like that.

Aren't you glad you're retired?

Each outcome is shown by one of these markers, and each sits on a row that represents a level of wealth and retirement.

It has no liabilities.

Tom resigned.

Retired today?

like any corporation, and they have to, the liabilities, plus the equity has to match up to the assets.

These are my assets, and these are my liabilities.

I retired last year.

I retired last year.

And what we looked at was whether the number of fund offerings available in a retirement savings plan, the 401(k) plan, does that affect people's likelihood to save more for tomorrow.

It's not like I didn't have any cost here.

How many of you feel comfortable that as you're planning for retirement you have a really solid plan when you're going to retire, when you're going to claim Social Security benefits, what lifestyle to expect, how much to spend every month so you're not going to run out of money?

I can't say I'm happy about retirement.

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

What are my assets?

And let's say our debt is 6 million.

I can't say I'm happy about retirement.

My liabilities would be 145,000.

My father is retiring next spring.

So this is the assets.

So this is just another visual representation that

So they really had, let's see, they had an 80,000 loan, a 250,000 asset, so they really had 250,000 minus 80,000, that's 170,000.

The retired often feel that they are useless and unproductive.

The first boomer actually, we didn't even wait till 2011, next year.

Remember, every time it'd issue a loan, like for right here, it issued a 100 gold piece equivalent loan to D and instead of giving D 100 gold pieces from, say, right here, it just created a checking account for D, which later D paid to A and that's why it's labeled A right here. Let me relabel another thing because the gold is a different color just so you see the gold.

Manage your personal finances

I don't want to draw this box.

But let's say its assets are worth 1 million.

We thought of people as a liability.

So I'm going to give you a little equation, actually, just to take a little bit of a tangent.

One of the viewers pointed out not incorrectly that one definition of return on asset so this whole video's going to be on return on asset that one definition of return on asset, and if you look it up on some of the finance sites or even some finance textbooks, they'll tell you it's net income over total assets.

Severance pay.

He retired on account of poor health.

Shivdutt's father's death and a want for his property

So 225,000