Works for me!!!
What you need to set aside for retirement
- Thread starter Razl
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You're moving to Florida?
Yeah I just gotta get me one
of those "rampat" diseases.....I hear they are all the rage amongst the Viagra set down there.
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You make that sound like such a bad thing. It's not always been about me ..but my time is coming due. No reason to tap dance to anyone else's tune.
I'll accept a nylon parachute since all the golden and silver ones are taken.
Don't think of this action as abandoning the good old USA. Think of as just purifying Mexico so that the population will have a reason to leave you alone.
"Think of as just purifying Mexico so that the population will have a reason to leave you alone."
Hahahahahaha..you silvertongued devil.
Hahahahahaha..you silvertongued devil.
There will probably be a national sales tax to fund things once the boomers stop earning big salaries and retire.
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I'm unsure of the long term wisdom of tax deferred retirement accounts. Sure you pay income tax on the Roths ..but zero on the outtake. As we well know, "if you build it(your savings, in any form) they will come (to tax it)".
I don't think today's tax models are going to be realistic in 2012 and beyond. For all we know a 40% tax may be required to fund the system(s) by that time ..and they're going to get it somewhere.
But the biggest multiplier for any accumulation is time. You've got to start as early as possible with as much as you can.
I don't think today's tax models are going to be realistic in 2012 and beyond. For all we know a 40% tax may be required to fund the system(s) by that time ..and they're going to get it somewhere.
But the biggest multiplier for any accumulation is time. You've got to start as early as possible with as much as you can.
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Somebody, who shall remain anonymous (thooks), doesn't recognize cynicism.
PS: >48 sec
PS: >48 sec
At least you guys are almost there. I think the current young generation have it the worst. College education is mandatory if you want anything near secure income (no more guarantee security), and barely finished your debt of college loans, mortgage of a simple house, insurances, and kids.
I am starting to think that doing everything myself as the people in 3rd world does is the way to go. Labor is getting so expensive that I should learn how to fix everything, and work as an apartment handyman for free housing when I retire.
I am starting to think that doing everything myself as the people in 3rd world does is the way to go. Labor is getting so expensive that I should learn how to fix everything, and work as an apartment handyman for free housing when I retire.
"Does anyone know a good calculator to say in todays dollars what you'd like to live with/year when you retire? My wife/I put dutifully at least 12% of total income into our retirement.
We are 34 and collectively have $115,000 in retirement but not really sure if using this in itself will be much when I retire as inflation eats at investment gains."
This is one of the better calculators I've seen.
http://fireseeker.com/calc-research.php
Note there are 4 pages (see tabs at the top) plus a page of options. An inflation number (of your choice) is included in the calculations. The default number is 3%.
Hope this helps
We are 34 and collectively have $115,000 in retirement but not really sure if using this in itself will be much when I retire as inflation eats at investment gains."
This is one of the better calculators I've seen.
http://fireseeker.com/calc-research.php
Note there are 4 pages (see tabs at the top) plus a page of options. An inflation number (of your choice) is included in the calculations. The default number is 3%.
Hope this helps
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