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Reply to "People who say they don’t plan to ever retire"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I will never be able to afford to retire.[/quote] I'm worried this, too. I got started saving for retirement really late, haven't saved nearly enough (and not by some crazy DCUM standard). My side hustle is writing fiction. If that ever brought in any real money I could see gladly doing it for the rest of my life. But I'm worried that I will have to have a real job forever to keep a roof over my head.[/quote] I made $25k a year most of my working years since 1998. I made $40k only twice per my social security statement living in DC. Because I'm used to making so little, I can live on very little. Because I worked those minimum wage job, there was a lot of wage theft; not paid for all hours, not paid for training, minimum wage not met, and two jobs didn't even pay me at all. This can be seen in my SS statement. All normal in low wage jobs. I also had lot of broke co-workers and 'friends' who always needed money and never paid back. Once I got rid of the losers, I started investing for myself. I took ca $500 a month and invested it slowly into overall market over the years. I don't have to work anymore. The market gives me my income. I still work but very part time. I have learned a lot during my investment years. If I lost it all, I could do it again on my fairly low salary. I do finally make about $28-$33 an hour but very part time. You got to invest, not just save.[/quote]
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