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Reply to "Do you feel financially secure?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think we all worry about money to some extent. I worry about retirement frequently and how I'm going to pay for everything. For most of us, there will never be enough. There are so many factors that you have no control over...the stock market, real estate prices, health care costs, long term care, your children, college costs, social security. [b]I'd like to say that $XXX will be enough and when I've saved up that much I'll stop worrying, but the truth is I won't stop worrying. [/b] [/quote] That's the point-- the OP's problem is an anxiety issue not a financial issue, and it may be that serving other and practicing some gratitude would help.[/quote] It's not just anxiety. The fact is 1 mil is not a fat enough cushion to protect from life's emergencies. What if there is job loss due to chronic illness, inability to find another, medical expenses can wipe one out even with 1 mil networth when there is no money coming in and no ability to get insurance. These things happen and devastate families sending them into the poor house for the of their lives. Job security is not great these days. DH and I constantly worry about being laid off, it happens all the time, we have to fight all the time to keep our not-so high paying jobs. I wonder sometimes, how people feel so secure as to buy 2 mil homes without even having close to that in savings counting on keeping making big bucks? [/quote]
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