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(CNBC)   More and more Americans are opting for an early retirement rather than hold out hope their 401Ks and pensions will be there in ten years   (cnbc.com) divider line 5
    More: Scary, public sector workers  
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5719 clicks; posted to Main » on 15 Oct 2013 at 5:36 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-10-15 07:09:52 AM  
5 votes:
3.bp.blogspot.com
time yet?
2013-10-15 09:51:07 AM  
2 votes:

baufan2005: AngryDragon: ThatGuyFromTheInternet: AngryDragon: Even if you save $200 a month starting at 25.

Aaaaaand that's how I know you haven't been 25 in quite  while.

My step-son is not even 23, goes to school, works two jobs, and saves at least that much.  It's not impossible.

My friend does to but he has never had a gf and lives at home with parents with all bills paid.


I know a guy who is 18 has 37 jobs goes to medical school full time is a classical musician who plays in the BSO and dates 4 super models depending on what city he happens to be in at the time. If he can do it anyone can.
2013-10-15 07:50:21 AM  
1 votes:

Kibbler: robohobo: Kibbler: My concern is that all of the money I have carefully saved up over the years will disappear the next time the sharks move in, and I will be told, "Oops, nobody's fault, you knew those were investments, you knew there were risks, everybody suffered, pay no attention to that guy upgrading his 200-foot yacht to a 500-foot yacht.  It's all Jimmy Carter's fault."

Well...they are investments, and they are risks. If you've enough to invest, you have enough to move that money out of the country. I would suggest you do so.

What would be the outcome if every middle class savings account was moved "out of the country"?

Also, what does that even mean?  And put it where?  Under a rock in Portugal?


"Out of the country" for average people means "stuffed in your mattress".  I recommend converting to krugerrands and burying in a secret location. Make sure to make a map that cannot be deciphered by the revenuers.
2013-10-15 07:42:01 AM  
1 votes:

robohobo: Kibbler: My concern is that all of the money I have carefully saved up over the years will disappear the next time the sharks move in, and I will be told, "Oops, nobody's fault, you knew those were investments, you knew there were risks, everybody suffered, pay no attention to that guy upgrading his 200-foot yacht to a 500-foot yacht.  It's all Jimmy Carter's fault."

Well...they are investments, and they are risks. If you've enough to invest, you have enough to move that money out of the country. I would suggest you do so.


What would be the outcome if every middle class savings account was moved "out of the country"?

Also, what does that even mean?  And put it where?  Under a rock in Portugal?
2013-10-15 12:10:36 AM  
1 votes:

what_now: ...and now that they can get affordable health care without staying in a job they hate, they can spend their middle years doing something they may enjoy.

Terrible.


My best friend's in-laws (who I know quite well) did this.  They are a few years away from collecting SS.  Not too long ago, the mother in-law had a serious illness which she overcame.  Their insurance dropped them like a blue-hot nuclear potato.  Now they can get insurance again.  They're both rabid teabaggers.  I'm anxious to see how it plays out with them..
 
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