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Money and Finances
Reply to "58 and no savings and no pension"
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[quote=Anonymous][quote=Anonymous]Get a government job asap for the retirement. You can owe the IRS and work for the feds as long as you are in a payment plan. After 6 years, you are entitled to a retirement with the feds. If you worked till 70, you might get about 10% or so of your pay for the rest of your life, plus SSA. It's better than nothing. [/quote] You can also put 15% of salary with 5% match in the fed retirement savings plan. Ten years @ 100k salary = 200 grand plus any return on investment. All is not lost here.[/quote]
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