Reply to Ever feel like people put you down for your lifestyle (financially)?

Forum Index » Money and Finances

Reply to "Ever feel like people put you down for your lifestyle (financially)?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Lol -- a real car? If someone said that to me, my first reaction would be -- "oh right, did I mention my Honda is foot pedaled -- you know like Fred Flintstone's car?"

PP may be right re retirement. I don't know how it works for Asian immigrants whose kids were born and raised in the U.S., but I know plenty of Indians in my neighborhood and at work who came to the U.S. in the last 10-15 yrs and their parents have followed; the parents live with the kids, the kids pay for all food, housing, etc. So there isn't the same "pressure" to ensure that there are retirement savings for 30 yrs of life.

For the relatives you're mentioning, it is possible that they are saving some for retirement but they may feel ok retiring with 100k or 200k in their 401ks instead of $1 million -- bc they have a son who will be expected to fund their retirement some 30 yrs from now; though if that's what they're doing they are the dumb ones -- all it takes is one "American" spouse coming into the family who says -- I don't care how you were raised, we have to save for ourselves and aren't funding your parents retirement nor do I want my in laws in my house -- and that's the end of that theory. For these second generation Asians who are having babies in 2015 -- do they not think their 3rd gen kids will be completely assimilated by 2045 and may not give a damn about what culture requires??[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics