Probably has deadbeat adult children that he is bankrolling

Oct 23, 2014
1:21:50pm

HiLife

Plus, doesn't everybody's retirement plans include a new Mercedes every year, memberships at a couple of country clubs, and a brand new 5,000 s.f. home for him and his wife (plus his two Yewt grad sons who live in the basement?)

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HiLife

Previous username: Peggy Fan
Bio page: HiLife
Joined: Aug 1, 2008
Last login: Apr 27, 2024
Total posts: 16,233 (2,047 FO)

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Messages

Author

Time

Sad that most people save little for retirement

Hinta

10/23/14 12:10pm

<< Deleted >>

Buffalo

10/23/14 12:11pm

I contribute each paycheck toward my retirement. I am so stinking afraid...

Alister Mackenzie

10/23/14 12:13pm

<< Deleted >>

Tyler

10/23/14 12:14pm

If O had his way, you probably should be afraid

Hinta

10/23/14 12:15pm

I don't count on any social security being there when I retire.

Conan O'Fresno

10/23/14 12:19pm

Poland confiscated 50% of private pension funds back in 2013

HuskerFan2

10/23/14 12:21pm

Just blow all your retirement money. Then you can be one of those who collects

IndependentGeorge

10/23/14 12:23pm

$250K for retirement?

mudpupper

10/23/14 12:14pm

That's what I was thinking

Sea Chicken

10/23/14 12:16pm

Not even close.

Hinta

10/23/14 12:16pm

So people aren't saving and have no clue how much they need to save.

mudpupper

10/23/14 12:45pm

Yep. I figured I need $1.5 million.

Alister Mackenzie

10/23/14 12:31pm

At least. In today's dollars.

tibbyss09

10/23/14 12:32pm

My mom retired on just under $300,000. Not that hard when you don't have a

JAGA97

10/23/14 12:58pm

Just don't get divorced. That 50% hit on your assets is pretty brutal

LaserCoug

10/23/14 12:35pm

The comments in this thread make TNT sick

TNT

10/23/14 12:38pm

Fella's it's all about how much you'll need to spend, not how much you need...

Zach Morris

10/23/14 12:58pm

TNT sure hopes the government is loaded

TNT

10/23/14 1:00pm

That or you can start selling yourself.

Zach Morris

10/23/14 1:02pm

Sorry. TNT must remain pure in order to achieve mod status

TNT

10/23/14 1:05pm

Your client needs $32k per month to make ends meet? Wow.

Iman23

10/23/14 1:17pm

Probably has deadbeat adult children that he is bankrolling

HiLife

10/23/14 1:21pm

Either that or alimony to his wife(s).

Conan O'Fresno

10/23/14 1:26pm

^^^ This

Zach Morris

10/23/14 2:02pm

Great advice. It doesn't have to be complicated.

Hang10

10/23/14 1:52pm

I started using Acorns last Thursday and have gotten a $0.15 return so far.

molodyets

10/23/14 1:29pm

Why save when you can BUY BUY BUY BUY BUY

Jeff Spicoli

10/23/14 1:37pm

I guess CBers aren't "most people":

frontrowcougar

10/23/14 2:07pm

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