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If people like the OP cannot retire, the rest of us might as well stop planning on retiring. Tomorrow I will stop all contributions to retirement accounts and I will plan on working until I drop dead. That is essentially what most are saying. Can your portfolio survive the onset of World War III or...

1. 37% (Long Island, NY)
2. No. Probably around 24-25 years to go.

It's posts like the OP that give me a reality check, and remind me how much the posters on this board are truly on the fringe of society's spending habits (ultra, ultra, ultra conservative).

$100/month for haircuts? Okay, I wasn't sure if I was the only one somewhat shocked by that number. I know I stretch out the time between haircuts, so I'm pretty sure I'm on the low end of monthly haircut expenses. I pay $15 with tip every 3 months, and my wife pays maybe $30 once a year. So that's...

Cut-Throat wrote:$24 - AOL internet Cost - Dial up 100 kbps

Weren't 56k's the final dial-up modems?

Bogle101 wrote:28.5 years old

~80k in taxable mutual funds
~15K in stocks and etfs
~50k in 401(k)
~50k in Roth IRA

I fear im behind the curve as well.

Oh come on. Seriously?

Renting was cheaper in my high-cost area (buying on Long Island, NY vs. renting in Queens) but this was one of those few situations where we made the financially irrational decision to buy. For future kids and general desire to own our home, and whatnot.

A little history for those care: For years, the IRS has allowed you to exclude certain qualifying commuting expenses for mass transit and parking costs if your employer sets up a way to have these funded through a payroll deduction. The monthly limit is adjusted annually for inflation, and historic...

Congrats. Must be a good feeling. I feel like I was just born at the right time. Graduated law school in 2008, started my 401(k) shortly thereafter. Bought a house in 2011. Were I a few years older I'd probably be feeling the pain instead of the boon of the stock market and bottom of the RE market. ...

BIGLAW is your (fiance's) answer to this problem. Grind it out for a few years and become debt free.