Search found 10334 matches

by KlangFool
Tue Nov 20, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: How to Withdraw Money in Retirement, Following a Down Year
Replies: 16
Views: 983

Re: How to Withdraw Money in Retirement, Following a Down Year

OP, If you have 2 years worth of emergency fund, why do you need to withdraw a specific amount for current year expense? Keep a buffer of 1 year to 2 years. You could withdraw more in a good year or less in a bad year but stick to a fixed percentage (4%). You could do that if you have 2 years of ex...
by KlangFool
Tue Nov 20, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: How to Withdraw Money in Retirement, Following a Down Year
Replies: 16
Views: 983

Re: How to Withdraw Money in Retirement, Following a Down Year

OP, If you have 2 years worth of emergency fund, why do you need to withdraw a specific amount for current year expense? Keep a buffer of 1 year to 2 years. You could withdraw more in a good year or less in a bad year but stick to a fixed percentage (4%). You could do that if you have 2 years of exp...
by KlangFool
Tue Nov 20, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 113
Views: 15827

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Have you considered a balanced fund that requires no rebalancing or even looking at it? Perhaps a Life Strategy moderate (60/40) or target date fund of desired bond %, (or tax-managed balanced fund if high income). Find something close enough and leave it alone. Things will fall even more at some u...
by KlangFool
Tue Nov 20, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

And in any case the plain numbers generally say if you're not a very young .com, sports or entertainment superstar, it's going to take some time to gather earnings momentum, and what you put away in your 20's is unlikely to be a significant of % of wealth down the road. You're really arguing mainly...
by KlangFool
Tue Nov 20, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Side Business Idea feedback please: Road Warrior School
Replies: 7
Views: 677

Re: Side Business Idea feedback please: Road Warrior School

I wanted to pitch a side business I had to see if the people here would see a market for the service. I was thinking of starting "Road Warrior School" basically a training for people in high travel industries (public accounting, sales, consulting, etc) that provides an overview of maximizing hotel ...
by KlangFool
Tue Nov 20, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Convert Employer Match portion of 401(k) to Roth 401(k)?
Replies: 7
Views: 836

Re: Convert Employer Match portion of 401(k) to Roth 401(k)?

OP, Why do you choose to pay more taxes instead of keeping more of your money in your own pocket? You have the choice of A) Contributing to Roth 401K now and paying 22% + 5.75% = 27.75% tax now. Or, B) Contributing to Trad. 401K now and put the additional 27.75% tax savings into the Trad. 401K. Then...
by KlangFool
Mon Nov 19, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

And in any case the plain numbers generally say if you're not a very young .com, sports or entertainment superstar, it's going to take some time to gather earnings momentum, and what you put away in your 20's is unlikely to be a significant of % of wealth down the road. You're really arguing mainly...
by KlangFool
Mon Nov 19, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

1) In a recession, the whole company can go bankrupt. In that case, nobody can be safe in that company. In an extreme case, the whole country can go to hell. <<your key preparation for recession is laser focus on not only getting into but 'surviving' (ie keeping your job) in a high paying field.>> ...
by KlangFool
Mon Nov 19, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help me be confident with Roth IRA and post Tax 401k details.
Replies: 13
Views: 649

Re: Help me be confident with Roth IRA and post Tax 401k details.

Thanks everyone. So my wife’s situation is: She has maxed her pre-tax 401k of $18,500 employee contribution and received a 6% match. She is now offered an after tax 401k possibility of up to $17k. I want to contribute $17K immediately and then roll it over to a Roth. This way she won’t have to pay ...
by KlangFool
Mon Nov 19, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

For example is it really worth saving (small amounts of) money when you are 25 instead of maximizing the use of wonder years? No I don't think it matters that much in rational economic terms whether you make that much effort to *save* when in your 20's*. Rational meaning assuming you can simply sta...
by KlangFool
Mon Nov 19, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

Folks, To each its own. There are at least two different views on money/wealth/rich. A) People that use the money to live their own lives. To this group of people, money means freedom to live their own lives without caring other's opinion. It is freedom. They may spend less on X but more on Y. It h...
by KlangFool
Mon Nov 19, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

Folks, To each its own. There are at least two different views on money/wealth/rich. A) People that use the money to live their own lives. To this group of people, money means freedom to live their own lives without caring other's opinion. It is freedom. They may spend less on X but more on Y. It h...
by KlangFool
Mon Nov 19, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Help me be confident with Roth IRA and post Tax 401k details.
Replies: 13
Views: 649

Re: Help me be confident with Roth IRA and post Tax 401k details.

Bogleheads, I want to make sure I understand all the details and will list everything I understand and hopefully someone can correct me if anything is wrong. I will edit my list based on corrections and maybe this list may help someone in the future as well. Thanks. 1) There is a limit of 5500 per ...
by KlangFool
Mon Nov 19, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

Folks, To each its own. There are at least two different views on money/wealth/rich. A) People that use the money to live their own lives. To this group of people, money means freedom to live their own lives without caring other's opinion. It is freedom. They may spend less on X but more on Y. It ha...
by KlangFool
Mon Nov 19, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 213
Views: 26494

Re: [Financial] Habits of the Rich

For example is it really worth saving (small amounts of) money when you are 25 instead of maximizing the use of wonder years? No I don't think it matters that much in rational economic terms whether you make that much effort to *save* when in your 20's*. Rational meaning assuming you can simply sta...
by KlangFool
Mon Nov 19, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???
Replies: 19
Views: 1968

Re: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???

OP, 1) Why pay 12% tax when you can pay 0%? 2) Your taxable is significantly larger than your tax-deferred account. So, you should have plenty of opportunities to do Roth conversion later. KlangFool A) cause paying 12% now and 15% later is better than paying 0% now and 30% and 15% later. Obviously ...
by KlangFool
Sun Nov 18, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Does my logic on Roth401k vs non-Roth401k make sense?
Replies: 20
Views: 1099

Re: Does my logic on Roth401k vs non-Roth401k make sense?

No it isn't over $500k. I am assuming 30 years of $50k annual contributions compounded over 30 years and a 3% return with starting portfolio of $138,000 plus $114k savings fund also compounding. Which is over $1.5m but I am discounting that "things happen" so maybe can't follow that plan for 30 yea...
by KlangFool
Sun Nov 18, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Does my logic on Roth401k vs non-Roth401k make sense?
Replies: 20
Views: 1099

Re: Does my logic on Roth401k vs non-Roth401k make sense?

I am 37 actually, have ~$114k in emergency fund (yielding interest). And an additional $5k in taxable account. I thought anything over 1 years worth of emergency fund is overkill, no? justsomeguy2018, Is your tax-deferred account much greater than 500K? If not, why are you worried that you will hav...
by KlangFool
Sun Nov 18, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Does my logic on Roth401k vs non-Roth401k make sense?
Replies: 20
Views: 1099

Re: Does my logic on Roth401k vs non-Roth401k make sense?

I understand there is a lot of debate (and unknowns e.g. future tax rates in retirement etc.) on if Roth is better or not. Going to highlight my current thinking below. Does it make sense? Planning to max out 401k contributions ($19000 x 2) and 2x backdoor Roth ($6000 x 2) for me and my spouse star...
by KlangFool
Sun Nov 18, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Does my logic on Roth401k vs non-Roth401k make sense?
Replies: 20
Views: 1099

Re: Does my logic on Roth401k vs non-Roth401k make sense?

Your future marginal rates while working are a consideration, but not as important as your expected marginal rates after retirement. What are your expected marginal rates after retirement, and how did you estimate them? I think guessing marginal rates after retirement is a bit of a crapshoot (hence...
by KlangFool
Sun Nov 18, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???
Replies: 19
Views: 1968

Re: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???

OP, 1) Why pay 12% tax when you can pay 0%? 2) Your taxable is significantly larger than your tax-deferred account. So, you should have plenty of opportunities to do Roth conversion later. KlangFool A) cause paying 12% now and 15% later is better than paying 0% now and 30% and 15% later. Obviously ...
by KlangFool
Sat Nov 17, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

@KlangFool, I don't necessarily disagree with you, but surely you can see that the thesis of your post is different from mine. My point was that there are certain fixed costs that have to be paid (and can't be reduced as to be negligible), regardless if one makes 50k or 100k, b/c these costs don't ...
by KlangFool
Sat Nov 17, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

In fact, (I realize this might be controversial) but I'll go so far as to say if you aren't a millionaire (or close to it) by 50-60, you really made some big mistakes. It doesn't mean you are a bad person, but you made some real mistakes... Nissanzx1, 1) My good friend worked in Enron for over 22 y...
by KlangFool
Sat Nov 17, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???
Replies: 19
Views: 1968

Re: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???

OP,

1) Why pay 12% tax when you can pay 0%?

2) Your taxable is significantly larger than your tax-deferred account. So, you should have plenty of opportunities to do Roth conversion later.

KlangFool
by KlangFool
Sat Nov 17, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

EDIT: If you can't save 1,800 a month (assuming you make 50-100k per year), you need to seriously look at your expenses. Biggest thing you can do is buying a cheap house if your job is stable or getting roommates. You may want to look into cooking meals, buying used goods, learning to fix things on...
by KlangFool
Sat Nov 17, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Remember a lot of people with middle class incomes (i.e. $30k - $100k) pay zero or negative taxes. It takes a gigantic salary to be paying 1/3 in taxes. b0B, That may be true for Federal and State income tax. But, we still have to pay social security and Medicare taxes (7.65%). KlangFool Not everyo...
by KlangFool
Sat Nov 17, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

dknightd, If you check your pay slip and so on, you will find that taxes (social security, Medicare, Federal, state) takes out about 30% of your gross income. So, saving 30+% of your gross income is equivalent to your annual expense. ... KlangFool I don't get it. How does saving 30% of gross equal ...
by KlangFool
Sat Nov 17, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

b0B wrote:
Sat Nov 17, 2018 12:14 pm
Remember a lot of people with middle class incomes (i.e. $30k - $100k) pay zero or negative taxes.

It takes a gigantic salary to be paying 1/3 in taxes.
b0B,

That may be true for Federal and State income tax. But, we still have to pay social security and Medicare taxes (7.65%).

KlangFool
by KlangFool
Sat Nov 17, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Those of you suggesting to save $22K/year, or 30% of your gross pay, or 1/3 of your salary, etc. - these are great suggestions, but hard to implement at lower income levels. For example, it's hard to save $22K/year when earning $35K/year. I think it's misguided to say people who aren't millionaires...
by KlangFool
Sat Nov 17, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Those of you suggesting to save $22K/year, or 30% of your gross pay, or 1/3 of your salary, etc. - these are great suggestions, but hard to implement at lower income levels. For example, it's hard to save $22K/year when earning $35K/year. I think it's misguided to say people who aren't millionaires...
by KlangFool
Sat Nov 17, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Those of you suggesting to save $22K/year, or 30% of your gross pay, or 1/3 of your salary, etc. - these are great suggestions, but hard to implement at lower income levels. For example, it's hard to save $22K/year when earning $35K/year. I think it's misguided to say people who aren't millionaires...
by KlangFool
Sat Nov 17, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

Those of you suggesting to save $22K/year, or 30% of your gross pay, or 1/3 of your salary, etc. - these are great suggestions, but hard to implement at lower income levels. For example, it's hard to save $22K/year when earning $35K/year. I think it's misguided to say people who aren't millionaires...
by KlangFool
Fri Nov 16, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

I think I read someplace that if you save 30% of your gross pay for 30 years you should be able to replace all your take home pay in retirement. Can't find it now, but pretty sure that should work for most people. dknightd, If you check your pay slip and so on, you will find that taxes (social secu...
by KlangFool
Fri Nov 16, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6588

Re: Roth vs. Traditional 401k

??? I have been arguing to do both Trad 401k and Roth IRA. Only question is how much of each. If you are able to calculate, do the Roth you need at the beginning of your working life. I'm also making all the numbers inflation adjusted Investing 23k (include employer match) from 40-65 years should/c...
by KlangFool
Fri Nov 16, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6588

Re: Roth vs. Traditional 401k

international001, <<Investing after 40 only in 401k pre-tax the max, I think I can get to 1.25M at 65. >> Do the math and show us how this is possible. It is not between Trad. 401K versus Roth 401K. It is between Trad. 401K with Roth IRA versus Roth 401K only, <<Given all the uncertainties of the t...
by KlangFool
Fri Nov 16, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6588

Re: Roth vs. Traditional 401k

international001, <<Investing after 40 only in 401k pre-tax the max, I think I can get to 1.25M at 65. >> Do the math and show us how this is possible. It is not between Trad. 401K versus Roth 401K. It is between Trad. 401K with Roth IRA versus Roth 401K only, <<Given all the uncertainties of the t...
by KlangFool
Thu Nov 15, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10529

Re: How Long / Hard To Become a Millionaire on Under $100k Income

In fact, (I realize this might be controversial) but I'll go so far as to say if you aren't a millionaire (or close to it) by 50-60, you really made some big mistakes. It doesn't mean you are a bad person, but you made some real mistakes... Nissanzx1, 1) My good friend worked in Enron for over 22 y...
by KlangFool
Thu Nov 15, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 4881

Re: Is maxing out Tax defered 401(k) enough?

Here are our fund options. I would need help with fund selections and %s My goal is to have 70:30 Stocks:bonds with 20%-25% international of the stocks TASK123, My Plan options: ~54% VANG INST INDEX PLUS (VIIIX) 0.02% VANG TOT INTL STK IS (VTSNX) 0.09% VANG TOT BD MKT INST (VBTIX) 0.04% DW Plan: ~4...
by KlangFool
Thu Nov 15, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I fund a 401k by drawing down a taxable account?
Replies: 16
Views: 821

Re: Should I fund a 401k by drawing down a taxable account?

My wife and I are heavy savers, and are planning on retiring early. At the current point in time, our savings has exceeded all the tax-deferred vehicles available to us, so we have additional savings in a taxable account. Next year her employer will start offering a 401k (with no match). We won't b...
by KlangFool
Thu Nov 15, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I fund a 401k by drawing down a taxable account?
Replies: 16
Views: 821

Re: Should I fund a 401k by drawing down a taxable account?

1) The quoted site argued against Roth 401K. We are asking about Roth IRA. They are not the same. 2) When you do not have the choice of 401K, it may not matter. But, with 401K, you could contribute to Trad. 401K and Roth IRA at the same time. KlangFool For the purposes of calculating the best inves...
by KlangFool
Thu Nov 15, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I fund a 401k by drawing down a taxable account?
Replies: 16
Views: 821

Re: Should I fund a 401k by drawing down a taxable account?

Do you also max Roth IRAs? We max our Traditional IRAs. I know this goes against the traditional wisdom, but our income in retirement will be substantially less than it is now. This site explains the reasoning behind not using Roth accounts. empiricist, 1) The quoted site argued against Roth 401K. ...
by KlangFool
Thu Nov 15, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6588

Re: Roth vs. Traditional 401k

international001, 1) A person can postpone social security up to 70 years old. 2) You are assuming that person is employed continuously all the way up to 70 years old. Is this a good bet? <<Again, I expect my marginal tax rate to >= 22% on retirement (*after* all the 401k pre-tax I'll distribute), ...
by KlangFool
Thu Nov 15, 2018 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 26
Views: 2967

Re: Portfolio decisions as we approach retirement

OP,

How old are you and your wife? Is delaying taking the social security possible? Depending on the age and other factors, you may get about 8% return by taking the social security later.

Instead of paying 400K to the annuity, use that 400K to delay taking social security for 5 years.

KlangFool
by KlangFool
Wed Nov 14, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 4881

Re: Is maxing out Tax defered 401(k) enough?

Thank you all for your valuable feedback and knowledge. Just checked with our benefits person, our plan allows for in service distributions twice a year but comes with a rider that If employee makes a withdrawal from after-tax contribution account, Employee cannot make any contributions to the comp...
by KlangFool
Wed Nov 14, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Does it ever make sense to pay more tax intentionally?
Replies: 15
Views: 1630

Re: Does it ever make sense to pay more tax intentionally?

I've been thinking about this and I'm pretty sure the answer is no, but I'm no expert so I'm sure there might be a case it makes sense. I earn ~$25,000 in my job as a self employed paper carrier. Mileage deductions put my taxable income ~$13,500 which is what is being reported to social security. W...
by KlangFool
Wed Nov 14, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6588

Re: Roth vs. Traditional 401k

international001, No pension. Then, tell me why it is a good deal. KlangFool Sorry.. I meant 33k in social security. If you don't have anything in pension/SS, then you have to do the exact numbers. There is a big chunk of money that can be taxed below your marginal tax rate and then it may be bette...
by KlangFool
Wed Nov 14, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6588

Re: Roth vs. Traditional 401k

international001, No pension. Then, tell me why it is a good deal. KlangFool Sorry.. I meant 33k in social security. If you don't have anything in pension/SS, then you have to do the exact numbers. There is a big chunk of money that can be taxed below your marginal tax rate and then it may be bette...
by KlangFool
Wed Nov 14, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is maxing out Tax defered 401(k) enough?
Replies: 49
Views: 4881

Re: Is maxing out Tax defered 401(k) enough?

We are doing 18k each. I am not sure how we can do 55k with only work place 401k plans. can you suggest any reading on this. Appreciate your help. Does your workplace plan allow "after tax" contributions? 401K's allow pre-tax or Roth contributions up to $18,500/yr. The sum of that + company match +...
by KlangFool
Wed Nov 14, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching young folks how to save for retirement
Replies: 27
Views: 1892

Re: Teaching young folks how to save for retirement

OP, <<Teaching young folks how to save for retirement>> I believe that the goal is wrong in the first place. The young people believe that they will live forever. So, why would they care and should they care about retirement (62 years old)? The proper goal is to teach young people how to manage thei...