Tuesday, November 30, 2010

Three Million-Dollar Questions...

Senior Business Writer for LifeInc. on Today, Allison Linn, recently reported on a study conducted by the RAND corporation, USC, and the University of Michigan in which middle-aged couples were asked the following three questions:

•If the chance of getting a disease is 10 percent, how many people out of 1,000 would be expected to get the disease?

•If five people all have the winning numbers in the lottery and the prize is $2 million, how much will each of them get?

•Let’s say you have $200 in a savings account. The account earns 10 percent interest per year. How much would you have in the account at the end of two years?

Couples in which both people answered the questions correctly had an average net worth of $1.7 million, while couples where neither could answer these questions correctly had an average net worth of $200,000.

So, when you are out there searching for your lifetime mate, make sure you have these questions handy!

In case you need some help, the answers are: 100, $400,000 and $242.