I'm 37….

My retirement will consist of a bullet

Not so worried

Wealthy folks are wealthy because they live like they are broke.

Broke folks are broke because they try to live like they are wealthy.

D.U.M.B. AF

Who wants to raise a child in the digital world? I deliberately didn't have a child to save them from the suffering/isolation that is happening...teenage girl suicide has tripled since the age of twitter/facebook...school shootings didn't happen when I was young...nor did 24/7 surveillance and constant terror threats. The evidence is our natural programming is rejecting the internet...and the synthetic idea that we are "connected".

They weren't born out of love...I didn't want them exposed to this rot/decay....extortion/corporate state.

We were warned by the intellectuals/future thinkers...and I took those warning serious. Love takes many shapes...some choose safety seats..I chose "no play".

Retirement
 

I can officially retire on 12/31/2024 which would make me 65. I haven’t decided if I’ll retire then or wait until I turn 67. I’ll have SSA, penson($2000/mth), 401k, 457 & deferred compensation along with stocks. Everything will be paid for & I don’t plan on moving as my house is perfect for me.

I’m still concerned I won’t have enough.

Well, we were on track to be set up fairly well, but in the past year both mine and Mrs' careers were derailed and now it's kinda thrown everything into question...so who knows? Right now my goal is to not lose what I already have.

In 1965, when the first wave of Boomers hit the labor market, the average yearly wage was less than $5,000 so the idea that most of them were saving that much then is pretty laughable. It is the early years of compound interest that have the biggest impact on the net gain so a lot fewer Boomers have the recommended amount saved up for retirement than an earlier poster suggested.

When my step-father died...I still remember cleaning out his closet. All the things he collected over the years...they were life-less without his connection.

We dont really "own" anything...we just lease them for a while...and invest our energy into the inanimate. We start with nothing and we leave with nothing...at least on the material.

Dont worry about losing things...they were never yours. The only reason we accumulate things is we can remember where we put them...no other animal seems to have this problem.

Heres what you should do; first off, is your daughter pretty? If she is, she could make a fortune!

Seriously, in this society sex ****ing sells. You MUST let that be known to her. If I was a woman, Id be the biggest ****ing slut alive and thrive off making thousands off men. Get her to pursue an occupation as a part time stripper or something? I’ll bet she could shake that a** and make men howl greater than a pack of wolves thousands of miles away.

Then on the side she could maybe do some porn or some escorting and within a few years of making awesome money her tuition will be paid off before you know it. If you decide to go this path, then you could say with CONFIDENCE, you pay for your own ****ing tuition!!! While I save for my retirement!

Bitch, sometimes in life you gotta know when to take advantage of opportunities when they are there!

AND don’t forget the cost of inflation! Costs of goods and services goes up, people get paid less and cant keep up with the cost of living. Thats a big ongoing and common problem.

This. I agree.

They’ll put a hole in your wallet bigtime.

Yup. Why do people have kids?? And bring them into this infested pool of corrupt human behaviour. I never want to have kids. The best person is the one who doesnt exist.

:eek: :popcorn:

I do not get your point, everyones failure or procrastination to start a regular savings program creates lower numbers.

$6.9k in 1965 is $$53,600.95 today.

https://s13.postimg.org/ikddlf8xj/1176.png


What were you saying?

This is the picture of my family with 1 exception. My grandparents wore clothes that were patches on top of patches, drove whatever car they could get for a few hundred dollars. No air conditioning or central heat until they were too old to cut wood. I could go on and on, but long story short, they looked like they didn't have a pot to piss in. When they finally put Grandpa in the ground, AFTER nursing home, hospital, and funeral expenses, my grandparents were still worth more money than I will ever see.

I've got an uncle (their son) that is the opposite. The nicest things that money can buy. A high maintenance woman that keeps him like 15 minutes from bankruptcy. And on and on.