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Old 09-07-2004, 10:55 PM   #63
lookout123
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Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
Quote:
Originally Posted by garnet
Calculate that $1,200 into 2035 dollars and see how much that is that people my age won't be getting.
and that is ok. social security wasn't meant to last forever and it wasn't meant to pay as many people as it does for as long as it does.
they are going to have to raise the ss eligibility age to even give it a chance at surviving but good luck to the politician who puts his name on that bill.



Quote:
I put money from every paycheck into a 401k, just like I should. Is that the answer you're looking for?
believe it or not - not every comment is intended to draw you into a fight. it was simply a question. your 401K and your Roth are the cornerstones of your retirement. if you are not taking full advantage of these options you are really missing the boat. yes, i understand that budget constraints do exist. but if at all possible everyone should fund these 2 items at least, even if only $25 monthly goes into the Roth to start. planning for your retirement is more about habit than it is dollar amounts.
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