Reply to Do I Need to Save More for Retirement?

Forum Index » Money and Finances

Reply to "Do I Need to Save More for Retirement?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Perhaps OP is behind if they want to live in this DC area hell hole after they are done. But if not, they are in decent shape relative to the average American. I wouldn’t coast just yet. [/quote]

Decent shape?!!!

The average retirement balance for 65 year olds is $250,000 according to Fidelity. OP has more than twice that NOW in mid 40s assuming OP is married.[/quote]

That’s fair - but the average Americans life style both while working and in retirement isn’t all that great. Incomes in the US are low at the median and below.

There is definitely a middle ground where living a comfortable retirement while being engaged in something, remaining active, and being able to travel is an excellent goal. For that, OP is well on their way but could optimize more.

There are people in here addicted to buying dumb expensive shit and will continue doing that in retirement I guess. But they are usually doing that at the expense of their non working time during their working years.

We prefer to do a hybrid. Not buy a bunch of expensive dumb shit, have a high enough income without overworking, spend reasonably, and save relatively aggressively compared to the average because we can.

You only get so many turns here. Choose wisely. [/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