2007-12-04 05:36:56 · 6 answers · asked by wolf1ibm 2 in Business & Finance ➔ Personal Finance
52 , have been retired for 22 years and will have an income till the day i die
2007-12-04 05:45:51 · answer #1 · answered by jim m 7 · 1⤊ 2⤋
I'm 33 and I'm saving for retirement. My 401k at work is changing. We had a financial planner speak and he said by 2048 there will be no social security. I buy stock, have an IRA, mutual funds and participate in my 401k plan at work. I worry about the future. I wish I had started a 401k plan when I was 20. Back then it was party money, shopping for clothes etc. If you work for a company that offers a 401k.....I highly recommend putting money into it. Put in as much as you can.
2007-12-04 15:56:37 · answer #2 · answered by shygrl33 5 · 0⤊ 2⤋
I am 61 and probably don't have enough for full retirement, although I am now retired from employment. Now work from home helping others, by sharing a business opportunity which is giving me a residual income.
What is great about it is, the more I share the opportunity, and others see it for what it can do for them, the more I will earn.
Now my income will increase well above anything I am likely to need for the rest of my life but then my children can inherit it and they will be comfortable for their lived as well.
2007-12-04 06:14:21 · answer #3 · answered by Anonymous · 0⤊ 2⤋
You're never too young to start saving, and I only wish I had saved more early on.
I am in my early 30s and have about $12000 in retirement, and put away 13% every month. It's not enough, but it's on the right track.
2007-12-04 06:23:17 · answer #4 · answered by teresathegreat 7 · 1⤊ 2⤋
I am 16 and I have no money saved away yet. But I do plan to start saving in a few weeks. I've been in an Investment class that has taught the benefits of money and how to use it, things i wouldnt otherwise have known. I just got hired at my new job, so saving my funds is a top priority. Hope this helps!!
2007-12-04 05:46:52 · answer #5 · answered by Michael E 2 · 1⤊ 2⤋
67 -- 1.2 million with 2700 additional money coming in each month and no debts== feel great == sleep well == worth doing with out some of the wants in life!!!
2007-12-08 00:45:14 · answer #6 · answered by mister ed 7 · 0⤊ 0⤋