If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CNN)   Shocking new study finds that people who make more money have more money in their retirement savings plan   (money.cnn.com) divider line 40
    More: Amusing, southwest, Google, account balances, luv, hospitality industry  
•       •       •

1936 clicks; posted to Main » on 06 Sep 2013 at 2:27 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



40 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2013-09-06 02:29:42 PM  
i60.photobucket.com
 
2013-09-06 02:30:54 PM  
images.wikia.com
 
2013-09-06 02:31:09 PM  
You forgot to mention how evil they are also, subby
 
2013-09-06 02:31:35 PM  
Tell watson to keep digging.

Holmeshisbowelsconstipated.jpg

Orly.gif

Ricromero.png

/does that cover it all?
 
2013-09-06 02:32:53 PM  
Done in one.
 
2013-09-06 02:33:02 PM  
Obvious tag must be broken.
 
2013-09-06 02:34:53 PM  

spiral_fishcake: Obvious tag must be broken.


Swore I put Obvious. Looks like my Friday is a failure.


/goes to bed
 
2013-09-06 02:35:32 PM  
farkers humble bragging in 3....2....1....
 
2013-09-06 02:37:41 PM  
What's retirement?
 
2013-09-06 02:38:30 PM  
What's a retirement savings plan?

Does planning on a tragic early death count?
 
2013-09-06 02:38:33 PM  
The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.

/How about you all?
 
2013-09-06 02:40:39 PM  
Were the two women in the video valley girls?
 
2013-09-06 02:45:29 PM  

Headso: humble bragging


Had to look that up. Just gonna toss that one on the "stupid and unnecessary term that has already been rendered meaningless due to over- and inappropriate use" pile.
 
2013-09-06 02:46:57 PM  
Propensity to Save, How does that work?

/Basic Marcoeconomics!
 
2013-09-06 02:47:57 PM  

AirForceVet: The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.

/How about you all?


What's a 401k?

What is a savings?

/divorced (got shafted when she left me
//rent is 550/month with only 1500ish take home
///stuck in rotating schedule
/\trying to put some away
\car recently took dump and vaporized what little I had saved
\/still looking for something better
\//roman slashies
 
2013-09-06 02:51:51 PM  
First I find out I drafted Peyton Manning, and now this.
What a banner day.
 
2013-09-06 02:53:45 PM  
Who wants to retire anyway, while Obamacare tries to spend as little money as
possible .

I'll just get a nice AD&D policy and buy a motorcycle, and the kids college is paid for...
 
2013-09-06 02:54:11 PM  

DORMAMU: What's a 401k?

What is a savings?

/divorced (got shafted when she left me
//rent is 550/month with only 1500ish take home
///stuck in rotating schedule
/\trying to put some away
\car recently took dump and vaporized what little I had saved
\/still looking for something better
\//roman slashies



Depends how old you are. If you're older than 50, you're in trouble. If you're younger, you can recover.

/Been divorced too with massive support payments.
 
2013-09-06 03:02:17 PM  

AirForceVet: DORMAMU: What's a 401k?

What is a savings?

/divorced (got shafted when she left me
//rent is 550/month with only 1500ish take home
///stuck in rotating schedule
/\trying to put some away
\car recently took dump and vaporized what little I had saved
\/still looking for something better
\//roman slashies


Depends how old you are. If you're older than 50, you're in trouble. If you're younger, you can recover.

/Been divorced too with massive support payments.


I dodged the support payments. But the debt she ran up while I was overseas was significant on top of basically being an ATM for her family.

I have been working on paying crap off. Basically down to one CC that I consolidated a bunch of other crap onto for ease and lower apr. But took a hit when chase bought wamu and jacked the rate. I kinda had to eat it cause I used the card for traveling while job hunting after my dad's stroke (out of work hunt for over a year).

I am 35btw. If I can either get promoted in my area or get another couple bucks an hour, I figure I can stash about 3to5% of take home with a 4% match from employer after all is paid off and still occasionally use the CC to rebuild credit rating.
 
2013-09-06 03:06:05 PM  

Onkel Buck: You forgot to mention how evil they are also, subby


This was covered yesterday where richer people donate less percentage-wise than the poor.  Because we* are selfish bastards saving for retirement.

*There are plenty of people who make less than me, though there are more evil and selfish than me out there.
 
2013-09-06 03:06:32 PM  
Tax breaks are for rich people.

Film at 11.
 
2013-09-06 03:07:45 PM  
I have an employees matching 401k for the first time in I don't know how long.  I think I'm up to about $400 dollars in 9 months.  Granted...  I've haven't been paying into it all year.  Just the past 6 moths that I was eligible.  Next year, I should e able to build it up to $1000 a year, or so...

At the rate it is building, I should be able to reitre on that in a little over 15,000 years.
 
2013-09-06 03:08:01 PM  

AirForceVet: The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.

/How about you all?


Heh, that is kind of nifty.  I've been jobhunting and that's a handy thing to add to the checklist.

It's a little depressing that plans I would think are not very stellar rank so highly.  I have worked a couple of places in my life that had gold-plated retirement plans, and I guess I got spoiled/didn't know how good I had it.  I undervalued retirement plan offerings when I was in my 20's, probably.  I'd kill now for plans I walked away from when I was 25.
 
2013-09-06 03:08:25 PM  

Nutsac_Jim: Who wants to retire anyway, while Obamacare tries to spend as little money as
possible .

I'll just get a nice AD&D policy and buy a motorcycle, and the kids college is paid for...


Just make sure you read the fine print on it.  I tried to cash in my AD&D policy and the insurance underwriters told me they don't accept half-elf wizards.
 
2013-09-06 03:13:16 PM  

toraque: Nutsac_Jim: Who wants to retire anyway, while Obamacare tries to spend as little money as
possible .

I'll just get a nice AD&D policy and buy a motorcycle, and the kids college is paid for...

Just make sure you read the fine print on it.  I tried to cash in my AD&D policy and the insurance underwriters told me they don't accept half-elf wizards.


Just get a goblin barrister. What could go wrong?
 
2013-09-06 03:17:07 PM  
How DO they do that?
 
2013-09-06 03:29:15 PM  
I maxed the 401k for the first time last year and I'm 47. Been putting in 15% a year since long ago when I made $15 an hour. My secret is no children, no divorce, and living in a duplex and renting half of it out. That and spending less than I made regardless of wage.

/ I'm still farked if the market or housing tanks near retirement time but with any luck I should at least be able to live indoors provided I can stay employed another 15 years at. At least.
 
2013-09-06 03:30:21 PM  
I'm counting on cigarettes and bacon to take me out before retirement age.
 
2013-09-06 03:36:27 PM  
Oh good, now I have an excuse to pull these out.

i194.photobucket.com

i194.photobucket.com
 
2013-09-06 03:37:16 PM  
So is this the beginning of a War on Retirement?
 
2013-09-06 03:38:40 PM  
I must be only person in the world that isn't getting eaten up by these "fees" everyone keeps talking about.

JohnBigBootay: I maxed the 401k for the first time last year and I'm 47. Been putting in 15% a year since long ago when I made $15 an hour. My secret is no children, no divorce, and living in a duplex and renting half of it out. That and spending less than I made regardless of wage.


My wife and I really considered investing in rental property at one time (her family had done it for years) but then I got to see close up what sort of destruction the average tenant does to a place, how much it costs to repair, and what sort of jackasses they tend to be most the time.  That was enough right there to sour us on that idea.

Never understood the "live beyond your means, you have credit" mentality, even when I was flat broke and using cardboard boxes with a blanket over it for furniture.  I mean, they'll give credit to anyone - I'm waiting for my dog to get a pre-approved Visa ever since he started getting junk mail and Facebook wanted to know when he was going to have his own page.  I'll bet he has a credit score better than most Farkers, and a better understanding of English.
 
2013-09-06 03:49:04 PM  

AirForceVet: The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.

/How about you all?


I'm only 4 years in, but I feel good.
Company has and 84%, so not bad.
 
2013-09-06 03:58:46 PM  

LordZorch: I must be only person in the world that isn't getting eaten up by these "fees" everyone keeps talking about.

JohnBigBootay: I maxed the 401k for the first time last year and I'm 47. Been putting in 15% a year since long ago when I made $15 an hour. My secret is no children, no divorce, and living in a duplex and renting half of it out. That and spending less than I made regardless of wage.

My wife and I really considered investing in rental property at one time (her family had done it for years) but then I got to see close up what sort of destruction the average tenant does to a place, how much it costs to repair, and what sort of jackasses they tend to be most the time.  That was enough right there to sour us on that idea.

Never understood the "live beyond your means, you have credit" mentality, even when I was flat broke and using cardboard boxes with a blanket over it for furniture.  I mean, they'll give credit to anyone - I'm waiting for my dog to get a pre-approved Visa ever since he started getting junk mail and Facebook wanted to know when he was going to have his own page.  I'll bet he has a credit score better than most Farkers, and a better understanding of English.


I have great credit right now and I often wonder what would happen if I applied for as many credit cards as possible, with the highest limit as possible, and maxed them out.
Every month I'd pay the minimum till I die.
I think I'd have lots of stuff.
 
2013-09-06 04:04:59 PM  

Best Princess Celestia: AirForceVet: The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.
/How about you all?
I'm only 4 years in, but I feel good.
Company has and 84%, so not bad.


Goody-goody Gumdrop  .  .  .
2.bp.blogspot.com

Here's more info - Don't get caught being older.
Keep that in your back pocket for future use.

My retirement plan now that I've been buying groceries with it?
Grow dope
Sell dope
Profit
Get busted selling dope
Get three hot's and a cot with dental.

No down side to it.
Not pretty enough to be "Prison Property" so I got that goin' for me.
Keep that in mind when things go sideways on you.
It's a plan, maybe not a great one but a good plan today is better than a great one tomorrow.
Any of this "a ringin' a bell?"  it should at least if not now then you know, when you're older.
 
2013-09-06 04:29:07 PM  
I like money...

4.bp.blogspot.com
 
2013-09-06 04:29:46 PM  

Marcintosh: Best Princess Celestia: AirForceVet: The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.
/How about you all?
I'm only 4 years in, but I feel good.
Company has and 84%, so not bad.

Goody-goody Gumdrop  .  .  .


Here's more info - Don't get caught being older.
Keep that in your back pocket for future use.

My retirement plan now that I've been buying groceries with it?
Grow dope
Sell dope
Profit
Get busted selling dope
Get three hot's and a cot with dental.

No down side to it.
Not pretty enough to be "Prison Property" so I got that goin' for me.
Keep that in mind when things go sideways on you.
It's a plan, maybe not a great one but a good plan today is better than a great one tomorrow.
Any of this "a ringin' a bell?"  it should at least if not now then you know, when you're older.


My plan is prett much this^

Except the prison part. I've never been in a truly serious relationship, so I'm kind of excited.
 
2013-09-06 04:31:48 PM  

ArcadianRefugee: Headso: humble bragging

Had to look that up. Just gonna toss that one on the "stupid and unnecessary term that has already been rendered meaningless due to over- and inappropriate use" pile.


Eh, it's a legit term that needed to be invented IMO. But I agree that it's overused.
 
2013-09-06 07:36:24 PM  
The article called IBM "generous".
 
2013-09-06 07:46:43 PM  

AirForceVet: The best takeaway from the article I found was the  401k evaluation website called Brightscope which ranks companies' 401k plans. I thought comparing companies within similar industries or against peers, for example, defense contractors, was a great feature. I feel pretty good that I'm doing OK with my 401k.

/How about you all?


27 years pouring the max in.

/looks just fine
 
2013-09-06 10:05:23 PM  
Until minimum wage is raised and companies raise prices to counter lol.  My grandmother's savings that paid for all her medicine since social security and medicare combined would have killed her without it, wouldn't survive with it now.
 
Displayed 40 of 40 comments

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report