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[quote=Anonymous][quote=Anonymous]For most people 50-65 are often the most EXPENSIVE years. Kids in college, mortgage on your trade up home, car insurance with kids on policy. Saving for retirement. At 58 I had two kids in college at same time,my car insurance skyrocked with kids on plan and home expenses shut up as property taxes, home insurance and repairs post covid way up. You might also in your 60's now have weddings, new grandkid, medical bills. And most people around 60 start thinking, let me get home repairs all done, get new cars or car repairs caught up, get medical caught up. Max out all retirement savings. 200K is not cutting it at all at 58 when bills are roaring into your life. It is not 45 when in starter home and kids public school days. It is big bills time. [/quote] I’m sorry but this is all excuses from a lifetime of not saving enough. I don’t buy it. [/quote]
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