I marvel that so many relatively young people are so desperate to stop working. Isn't there a job that you're qualified for that you'd enjoy doing?
livesoft wrote:Perfectly OK and natural. Why wouldn't it be?
tainted-meat wrote:I think it's hard for most people to save because most people just don't make that much money.
In my opinion, saving is more of a privilege than a norm.
Bustoff wrote:Jeez, I try to give a lighthearted nod to Dirty Harry and I get shot down.
"Charles J Givens wrote several huge money bestsellers, including Wealth Without Risk. Shortly before dying, Givens declared bankruptcy."
nisiprius wrote:My decision about when to claim was influenced by two considerations:
a) I was over 62 and thus eligible,
b) my unemployment benefits were about to run out and I hadn't managed to get a single job interview.
People will tell you to invest some in bonds, but I feel its not a good idea. At our age, as long as you have an emergency fund and don't plan on taking anything out for quite awhile, you'll be fine.
MikeWillRetire wrote:I understand completely. When my wife and I were expecting our first child, I left the private sector for the federal government. That was the only way we were going to be able to maintain a two-income family.
Initially listening toa fellow named Don McDonald on BRN.
The lack of preparedness is not signaled by a lack of planning alone. Many respondents, particularly those with limited incomes, indicated that they simply have few or no financial resources available for retirement.