2007-02-20 04:24:27 · 13 answers · asked by Joe U Know 2 in Business & Finance ➔ Renting & Real Estate
Hello Joe - S'pose marriage, raising family, starting business.
2007-02-20 04:41:42 · answer #1 · answered by Kenneth R C 5 · 2⤊ 0⤋
It's your retierement; Many people put hundreds of dollars a month away until they turn sixy seven for full retirement jusy to find out that they have no where near enough to live on. If you retire at sixty two you have to pay a reduced penalty of 25% wich you will never see. If you have $500,000,000 thats $125,000.000 that you lost not counting what you have to make up inorder to stay up with your normal way of living and the increase in the cost of living for as long as you live. Don't forget you have to pay all your income tax on the interest earned on what you saved. your not even protected by your IRA.
So if you think your saving enough now you better save three times as much and put it in your own safe adding what interest you would have received by investing, then you won't own anyone. it's a nice thought but I don't think anyone would do it.
Trust me it happen to me and millions of others.
Sincerely yours,
Fred M. Hunter
2007-02-20 04:54:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A family:
While it is not exactly a purchase, it is a long term comittment with related expenses.
(Now, of course, there are obvious elements that more then compensate, but speaking just in terms of some of lifes more significant expenses, this is waaaay up there on top.)
2007-02-20 04:34:02 · answer #3 · answered by ca_surveyor 7 · 0⤊ 0⤋
Your Taxes. purchase the time you pay for social safe practices, earnings and all of your resources taxes or authorities costs, you're paying a third of each thing you're making to the authorities.
2016-12-04 10:19:24 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Wedding
2007-02-20 11:12:28 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Kids
2007-02-20 04:32:01 · answer #6 · answered by dumplingmuffin 7 · 0⤊ 0⤋
A mistress
2007-02-20 04:38:30 · answer #7 · answered by Johnny A 5 · 0⤊ 0⤋
A wife
2007-02-20 04:28:11 · answer #8 · answered by Jennaba9048 1 · 2⤊ 0⤋
College education, although it is worth every penny.
2007-02-20 04:32:28 · answer #9 · answered by Sue F 7 · 0⤊ 0⤋
From my experience, my wedding
2007-02-20 05:45:03 · answer #10 · answered by Anonymous · 0⤊ 0⤋