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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately $400,000 USD.  The company established a subsidiary in the United Kingdom in 1965.
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The answer as to whether $500,000 is “enough” for you to retire at 60 might be completely different than someone else looking to do something similar. Generally speaking, you can retire at 60 ...
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