User Panel
User Panel
User Panel
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Posted: 1/19/2021 10:58:18 AM EDT
[#1]
Not today IRS man.
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Posted: 1/19/2021 10:59:25 AM EDT
[#2]
I look at as I have nothing the government would want to take.
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Posted: 1/19/2021 11:01:38 AM EDT
[#3]
Quote HistoryQuoted: Not today |
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Posted: 1/19/2021 11:02:13 AM EDT
[#4]
I was set to retire at 55, but the economy is going to crash hard soon with all the money printing going on so who knows.
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Posted: 1/19/2021 11:02:21 AM EDT
[#5]
I'll die with my boots on.
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Posted: 1/19/2021 11:03:17 AM EDT
[#6]
I was set to retire at 55, but the economy is going to crash hard soon with all the money printing going on so who knows.
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Posted: 1/19/2021 11:03:41 AM EDT
[#7]
So ten times average is mediocre?
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Posted: 1/19/2021 11:04:00 AM EDT
[#8]
$2M? No but I will...still young and chunking it away each month like a good boy so the gov can find a way to redistribute it
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Posted: 1/19/2021 11:04:33 AM EDT
[#9]
Quote HistoryQuoted: So ten times average is mediocre? Average is shit Median is what the cool kids use |
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Posted: 1/19/2021 11:04:55 AM EDT
[#10]
I'll be alright if I make it there, but I doubt I live that long
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Posted: 1/19/2021 11:05:29 AM EDT
[#11]
I strive for mediocre!
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Posted: 1/19/2021 11:08:04 AM EDT
[#12]
Quote HistoryQuoted: Average is shit Median is what the cool kids use Quote HistoryQuoted: Quoted: So ten times average is mediocre? Average is shit Median is what the cool kids use Are you saying 2 mil is the median? If so, please site a source. Also the question is ridiculous. A 30 year old who is doing a great job saving is still not going to be close to sniffing 2 million 99% of the time. |
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Posted: 1/19/2021 11:10:03 AM EDT
[#13]
After what is coming you won’t have any savings anyway.
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Posted: 1/19/2021 11:13:28 AM EDT
[#14]
Hard to tell anymore. Not long ago, I was thinking 87 was a good target retirement age, but now I'm not so sure.
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Posted: 1/19/2021 11:15:33 AM EDT
[#15]
If $2M is the bar, I have a mere pittance stashed away in my 401K for retirement. And what I have will probably dwindle to nothing in the relatively near future. I'll die working.
I suppose it's my fault for not running for Congress. |
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Posted: 1/19/2021 11:15:57 AM EDT
[#16]
Quote HistoryQuoted: After what is coming you won't have any savings anyway. |
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Posted: 1/19/2021 11:19:48 AM EDT
[#17]
Quote HistoryQuoted: I was set to retire at 55, but the economy is going to crash hard soon with all the money printing going on so who knows. We did, doing OK so far. |
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Posted: 1/19/2021 11:21:39 AM EDT
[#18]
2 million? Lol! Not at my age. But I'm looking at retiring, and work being optional, in 6 more years. I'll be 48.
-K |
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Posted: 1/19/2021 11:34:46 AM EDT
[#19]
In 10 years, $2 million will be worth $250,000. Best hedge against inflation is to keep working.
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Posted: 1/19/2021 11:39:57 AM EDT
[#20]
This does not include pensions or rental income. |
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Posted: 1/19/2021 11:42:28 AM EDT
[#21]
Quote HistoryQuoted: Then nope but I'm still in good shape. Quote HistoryQuoted: This does not include pensions or rental income. Relying on others to provide for your retirement is good shape? |
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Posted: 1/19/2021 11:42:35 AM EDT
[#22]
About average for my whiteness.
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Posted: 1/19/2021 11:44:50 AM EDT
[#23]
I'll go be poor somewhere else.
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Posted: 1/19/2021 11:46:23 AM EDT
[#24]
Quote HistoryQuoted: If $2M is the bar, I have a mere pittance stashed away in my 401K for retirement. And what I have will probably dwindle to nothing in the relatively near future. I'll die working. I suppose it's my fault for not running for Congress. Learn to politician. |
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Posted: 1/19/2021 11:46:52 AM EDT
[#25]
If you’ve got more than a few thousand squirreled away AOC is gonna want to means-test you for SS
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Posted: 1/19/2021 11:48:45 AM EDT
[#26]
2 million?
 The average 50 year old doesn't even have a half million. |
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Posted: 1/19/2021 11:48:48 AM EDT
[#27]
How much you need really depends on where you are. Money goes a lot farther in rural Georgia than it does in San Francisco.
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Posted: 1/19/2021 11:49:47 AM EDT
[#28]
Two million?
No. But I had enough to retire eight years ago at age 56, and I have been happy ever since! |
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Posted: 1/19/2021 11:51:35 AM EDT
[#29]
If you're 65+, married, living in a high tax high cost blue state and don't have 2 mil then you might be fooked down the road.
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Posted: 1/19/2021 11:52:32 AM EDT
[#30]
Maybe.......
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Posted: 1/19/2021 11:53:52 AM EDT
[#31]
I have about $12k in an IRA.
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Posted: 1/19/2021 11:55:26 AM EDT
[#32]
I've got a pocket full of mega millions tickets
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Posted: 1/19/2021 11:57:01 AM EDT
[#33]
Ive got a case of 9mm
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Posted: 1/19/2021 11:57:39 AM EDT
[#34]
Do unused scratch offs count?
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Posted: 1/19/2021 11:58:40 AM EDT
[#35]
Quote HistoryQuoted: Are you saying 2 mil is the median? If so, please site a source. Also the question is ridiculous. A 30 year old who is doing a great job saving is still not going to be close to sniffing 2 million 99% of the time. You didn't save $200k a year in your 20s? Lazy millennial, shoulda pulled on them boot straps harder. Retirement, that's cute. The last century saw 2 world wars that wrecked most peoples savings. The era the boomers have lived in is an abberration that is likely to end sooner rather than later. |
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Posted: 1/19/2021 11:58:42 AM EDT
[#36]
Quoted: Do you currently have more than $2mil in retirement saving/investing vehicles? This does not include pensions or rental income. How can it exclude pensions and rental income? |
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Posted: 1/19/2021 12:08:29 PM EDT
[#37]
In all honesty, I've always figured I'd go out with a heart attack or via #3 buck before I was anywhere near able to retire.
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Posted: 1/19/2021 12:10:08 PM EDT
[#38]
Hospice is my retirement plan
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Posted: 1/19/2021 12:17:50 PM EDT
[#39]
Lol, I'm 34, only been working a good job for 5yrs, and my wife makes essentially nothing, so hard no. I'm trying to invest into my 401 and Roth, but that 15% hurts.
Not really planning on retiring anyway. I doubt it will be there via some government takeover. |
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Posted: 1/19/2021 12:18:07 PM EDT
[#40]
High 5 figure salary in my early 30s, expenses <$24k, and investments get most of the remainder. In spite of my poverty, I will endeavor to persevere.
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Posted: 1/19/2021 12:24:39 PM EDT
[#41]
Poll needs a “none of your fucking business OP” choice.
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Posted: 1/19/2021 12:27:23 PM EDT
[#42]
I make sure to max out my Social Security contributions every year and I plan to vote blue from here on out. I should be ok.
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Posted: 1/19/2021 12:41:29 PM EDT
[#43]
Why don’t you tell us what you have first?
In detail..... |
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Posted: 1/19/2021 12:43:55 PM EDT
[#44]
Ceaseless labor for the Party is the source of material and spiritual goods, is what we were always taught. No, I do not expect to retire.
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Posted: 1/19/2021 12:44:50 PM EDT
[#45]
Quote HistoryQuoted: So ten times average is mediocre? This. How are people earning average wages supposed to have "average" retirement funds of >$2 MILLION? I suppose if you have been putting away $100/week since you were a fetus. Smells like a humble brag thread. |
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Posted: 1/19/2021 12:45:29 PM EDT
[#46]
I dont even bother checking my 401k as I dont have enough years in yet
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Posted: 1/19/2021 12:47:21 PM EDT
[#47]
Quote HistoryQuoted: 2 million? The average 50 year old doesn't even have a half million. This indeed. "The estimated median savings of fiftysomethings is about $117,000" |
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Posted: 1/19/2021 12:47:47 PM EDT
[#48]
"I wa born poor, I'll die poor, but I live the best I can."
-Nashville Pussy, "Here's to Your Destruction" I have zero savings, but I won't 60 anyeay, so I'm not worried about. |
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Posted: 1/19/2021 12:49:11 PM EDT
[#49]
I will work till noon the day of my funeral..
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Posted: 1/19/2021 12:49:28 PM EDT
[#50]
Have a decent retirement fund. Also have a degenerative lung disease so I won’t ever see retirement age. My kids will get to enjoy it.
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