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tuber andb i save a few hundred a pay check, if we cant then we dont, but most of our savings gets padded by a huge federal income tax i recieve each year. We are well into 5 figures for our savings and we dont touch it. we live off our checks that go into our checking. I was looking into investing ideas, Dan s gave me a few but i am still investagiting
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Originally posted by Doddler
It's better not to die with fun in the bank (or something like that!) thing is you never know when you are going to die. You need money to retire on. Social security will be broke by the time I reach retirement age. Unless you plan on killing yourself at a specified age, better save some money for retirement. Though I thought about killing myself when I reacheed 50. But then I found myself pushing the date, further and further back. I doubt I would go through with it. |
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Originally posted by Dis
thing is you never know when you are going to die. You need money to retire on. Social security will be broke by the time I reach retirement age. Bah! Even if nothing changes, the worst-case scenario is that in, when the baby boomers hit 65, benefits will have to be cut to 80% until the glut of retirees dies off. But on the other hand, Social Security doesn't pay squat to begin with. On the third hand, if the Repugs manage to "privatize" it and allow younger workers to put their money elsewhere, Social Security will be "broke" next year. |
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Originally posted by Dauphin
'only'. Many would consider such a comment rather derogatory. Just so you know. Nooo, not only in the context of it not being enough generally, only in the context of: Next year I'll aim to save £500 a month, but I can't quite see that happening. Especially considering after tax/NI/student loan... What I mean is that earning that much, it's quite hard to save £500 a month. Also in the context of Shiva's post I was quoting, about him saving $2-2.5k a month, and me wondering how much he must be earning to be able to do that. There was also something of an illusion towards a rant abou tax. Like an "I'm happy about what I earn before tax, but after tax it's only...". I'm very happy about what I'll be earning, it's just a) not enough to comfortable save £500 a month; b) a lot less than Shiva must be earning; and c) a lot less than it is before tax. They're the reasons the "only" was there, nothing about me not thinking I'm being paid enough, not any derogatory intention. Originally posted by Doddler Yeah that's an OK wage that Drogue, perhaps slightly above national average? Yep, reasonably so ![]() |
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