View Poll Results: How old are you and how much do you have saved for retirement?

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  • Over 20 0-20k

    23 37.70%
  • Over 20 20-50k

    5 8.20%
  • Over 20 50k+

    5 8.20%
  • Over 40 0-20k

    1 1.64%
  • Over 40 20-50k

    2 3.28%
  • Over 40 50k+

    22 36.07%
  • Over 60 0-20k

    0 0%
  • Over 60 20-50k

    1 1.64%
  • Over 60 50k+

    2 3.28%
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Thread: how old are you, and how much do you have saved toward retirement?

  1. #141
    Advisor BentWingedAngel's Avatar
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    Re: how old are you, and how much do you have saved toward retirement?

    Didn't respond to poll being that ya missed some cattagories! In a couple yrs. we will sell house Hopefully break even?) Anyway I have enough cash to purchase my "dream MH" & then some! Plan on touring US with motorcycle in tow! Live off Mongo's pension & hopefully some SS. Probably add to income by selling some of my art. Biggest concern would be health insurence.
    "Great minds discuss ideas; Average minds discuss events; Small minds discuss people."

  2. #142
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    Re: how old are you, and how much do you have saved toward retirement?

    Quote Originally Posted by Lord Tammerlain View Post
    SS is not failing, it still has a surplus of money that is counted as special intragovernment bonds that earn a low rate of return. It will be under pressure in the future without some changes to it. The federal government will also have to transfer some funds from general revenues to SS to pay for the borrowing from it. But with changes to retirement dates, lowering benifits, and potentionally increasing contribution rates and it will be fine. Not to mention if it was able to actually invest in things other then the Federal government bonds
    We are in a recession, the government is about to go into default (the House just passed the plan minutes ago) and the government has done nothing to raise the age of retirement in 70 years... I think that it is safe to assume the SS won't serve me much, if anything, by the time I am able to retire.
    Quote Originally Posted by Bucky View Post
    I have pooped in public, even in public neighborhoods.
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    Usually a gag for wise mouthed insulting little girls. Then some good nylon rope so I can tie them up, toss them in the trunk of my car and forget about them.

  3. #143
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    Re: how old are you, and how much do you have saved toward retirement?

    Quote Originally Posted by cpwill View Post
    wrong. you only got it because you were lucky. Brains and hard work will not get you rich because the rich are constantly stealing from everyone else. Hence, you can claim no credit for having done "the right thing" - you're just the more fortunate among us. that is why you must be punished, as a matter of fairness.





    then we need to start incentivizing job creation here in the US. why would someone hire an American right now, with no idea how much their employment costs are going to shoot up once Obamacare kicks in? Why would someone really start up a business, knowing that their largest expense (personnel) is utterly unpredictable, the regulatory burden is rapidly increasing, and even if they succeed, if they don't have access to special tax loopholes they will be hit with the highest corporate tax rate (outside of Japan) in the industrialized world? people aren't holding on to their money because they like swimming in it like scrooge mcduck; they want to use that money to make more money. Of those that were going to invest money anyway; huge amounts of their cash went into funding the governments' latest binge borrowing. This administration's attempts to "fundamentally change America" have proven a great wet blanket to job creation, and nobody is hiring because nobody dares.

    oh. except McDonalds. you may have heard about them hiring alot of folks recently. total coincidence, I'm sure, that they didn't go on into expansion / hiring mode until after they had gotten their Obamacare waiver.
    Lucky? 18 and out was the rule in our house. Then there was the draft hanging over my head. Lucky that I was interested in science, math, etc. and did well on the Navy's tests, so yeah, some luck.
    No influential family or friends to help me get jobs, get promotions, etc.
    But Lucky that I married well, to a poor farm gal who didn't feel that THINGS are a measure of wealth. People who think that often spend themselves into a poor retirement.
    The best thing we can do for the nation is to detach benefits from the jobs, AND the govt.
    Wall Street will suffer, tho, if they don't have the trillions in retirement funds to steal from....but it would be interesting to see all the yuppies having to sweat for their wages instead of siphoning their wages from funds entrusted to their care....
    Oracle of Utah
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  4. #144
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    Re: how old are you, and how much do you have saved toward retirement?

    Quote Originally Posted by OscarB63 View Post
    nearly 50 and I haven't saved a dime....I plan on living off social security
    and your military retirement? I get 3/8 base pay for my 12 years active and 10 years reserves, plus don't have to pay for the medicare supplement, or part D. Hang in there, get your 20....
    Oracle of Utah
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  5. #145
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    Re: how old are you, and how much do you have saved toward retirement?

    Absolutely not, It wont be there when I retire and I am 50...I am still firm in my beleif that chance favors the prepared mind.
    The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them. Patrick Henry

  6. #146
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    Re: how old are you, and how much do you have saved toward retirement?

    Quote Originally Posted by Captain America View Post
    I am 54 and I do not count on SS being there when I retire. It would be nice if it was but I am not counting on it. I figure, after I retire, according to wonderful jewish accountant, with my pensions, mutuals, business residuals and natural gas royalties, coupled with the sale of my home, I should have around 2.25 - 3.0 million to get me through my twilight years, (assuming we don't go into depression or the people the GOP tends to protect gets at my money again, like they did a few years ago.) Truly, spread out over a period of 20 years or so, that really isn't a helluva lot of money to have on hand. But I'm a man of simple means. I plan to retire in a simple beach house near the Gulf of Mexico and as long as I can pay my utility bills and the other daily nickle and dime bills that come along day to day, and still afford fishing tackle and bait, I'll do just fine.
    you dont need to worry about the people the GOP get you will be target of your own kind...with that kind of Dough.....the leeches will strip you clean.
    The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them. Patrick Henry

  7. #147
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    Re: how old are you, and how much do you have saved toward retirement?

    Enough and more than enough
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  8. #148
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    Re: how old are you, and how much do you have saved toward retirement?

    Quote Originally Posted by UtahBill View Post
    Lucky? 18 and out was the rule in our house. Then there was the draft hanging over my head. Lucky that I was interested in science, math, etc. and did well on the Navy's tests, so yeah, some luck.
    No influential family or friends to help me get jobs, get promotions, etc.
    But Lucky that I married well, to a poor farm gal who didn't feel that THINGS are a measure of wealth. People who think that often spend themselves into a poor retirement.
    The best thing we can do for the nation is to detach benefits from the jobs, AND the govt.
    Wall Street will suffer, tho, if they don't have the trillions in retirement funds to steal from....but it would be interesting to see all the yuppies having to sweat for their wages instead of siphoning their wages from funds entrusted to their care....
    please. evil corporations and trust fund babies keep anyone from becoming rich. obviously you just got lucky and it is only fair for the government to redistribute your wealth to me

  9. #149
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    Re: how old are you, and how much do you have saved toward retirement?

    Quote Originally Posted by Bodhisattva View Post
    We are in a recession, the government is about to go into default (the House just passed the plan minutes ago) and the government has done nothing to raise the age of retirement in 70 years... I think that it is safe to assume the SS won't serve me much, if anything, by the time I am able to retire.
    You are working in New Zealand, correct? Do you pay into SS when working in New Zealand? If no, I would not expect that you would be getting very much anyway (missing a few years of contribution)
    Happy Hanukkah Cheerfull Kwanzaa
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  10. #150
    Student Иосиф Сталин's Avatar
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    Re: how old are you, and how much do you have saved toward retirement?

    I'm 30. I've only saved $200,000 so far. But they're not dollar denominated assets.
    Freedom is not free.

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