Close Topic Options

Retiring / Retirement - Page 2

One of the key things that I have done over my career is that when I get a raise, I put at least half of it towards retirement. I didn't do it my first couple of years out of college, but I have done it every year since. This has had 2 definite effects on my retirement. First of all, I dont spend all of that increase, so my expenses are not just climbing with my pay raise. Basically, I have somewhat regulated my spending habits by not turning the raise into more expendible income. Secondly, it has really helped my 401K. I had a goal to be able to retire at 40. Well, it didnt work, but I am not too far away from that goal. I will be able to do it at 50 if I feel like it, barring a major stock market crash...in that case, I am probably in until 60, but not bankrupt or devoid of saving...it just wont be as easy!

PLEASE PLEASE PLEASE NO CRASHES!

Retirement Retiring

43% have less than $10k for retirement:

The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday. Ref. Source 6

Retiring / Retirement History & Civil Business Politics

1 million USD used to be the barometer of comfort for retirment in the US. However, I have just read an article that says that the number now is 1.5 to 2.0 million USD to be comfortably retired. I am far away from comfort!

Page 2 Retirement Retiring

The aim of government is to get people to work til they die and if they don't die then they die trying to find work. Save your pennies and make wise investments if you want to hope for a good retirement.

Retirement Retiring

Top Republican: Raise Social Security's retirement age to 70:

Boehner, the top Republican lawmaker in the House, said raising the retirement age by five years, indexing benefits to the rate of inflation and means-testing benefits would make the massive entitlement program more solvent. Ref. Source 1

Retiring / Retirement

Actually, The Retirement Age is Too High:

The most dangerous conventional wisdom in the world today is the idea that with an older population, people must work longer and retire with less. Ref. Source 2

Retiring / Retirement - Page 2

More Americans delay retirement, keep working:

Retirement is becoming a more distant dream for a rising number of older Americans, largely because they need the money but also because they are healthy enough to keep working. Ref. Source 6

Retiring / Retirement Politics Business Civil & History - Page 2

28 percent of Americans say they will never be able to retire

Retiring is a hope that 28 percent of Americans said they will never be able to afford. Ref. Source 9