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Money and Finances
Reply to "How old are you and how much do you have saved in retirement?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] ITA - My opinion (not a financial advisor, so take it at face value) 529 is another way for the government to take away financial aid from students. .[/quote] That's how I feel. Take away financial aid from students, and also allow these financial companies to make even more money off consumers. [/quote] 529s cannot be counted against financial aid. And some funds are managed by cheapskate firms like Vanguard or TIAA-CREF, so they're a thrifty way to invest if you're doing it directly. However, if you invest in equities, as I did, the sock under the bed plan looks pretty good right now. My financial statements might as well be photos of pitchers of warm spit. Oh, and supposedly I will have $1.3 million saved at retirement. As another one with parents in a continuing care facility, I hope that's enough. [/quote]
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