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Money and Finances
Reply to "Why are people obsessed with putting $$ in retirement?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]...Because after you stop working, the paychecks stop. The money you put into a retirement fund is for you to live on for the rest of your life after you stop working.[/quote] what about social security?[/quote] Seriously, how old are you? You seem to have no real grasp on how the world works.[/quote] OP here. I am 32. People are just afraid of running out of money. I think all will be okay. [/quote]Oh wow, you haven't read about how little many older Americans have saved and how many people can't survive on Social Security alone.[/quote] OP, if you do nothing else, google "compounding." A dollar saved today will be worth a lot more in the future. And also keep in mind that a lot of retirement savings has tax advantages.[/quote]
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