What do you think is preventing Americans from saving for retirement?
Posted 09-27-2013 at 02:31 PM by Pinkmani
Quote:
Originally Posted by mysticaltyger
All I'm saying is if you won't like the lifestyle you live with only 25K take home, then don't have kids. You have choices. You can abstain from sex, use birth control, get an abortion, or give your kid up for adoption if you don't have the money to raise them decently. I don't see what is so terrible about any of that. In short, if you aren't making family wages, then don't have a family. I have no idea where this "limiting people I don't like" comment came from.
Heck, I think the whole overpopulation meme is mostly BS....but as a practical matter, I do see a lot of random breeding out there, and then people complaining about how they can't make it on their salaries. If people don't know that kids are expensive in both time and money, then I don't know what planet they've been living on.
Heck, I think the whole overpopulation meme is mostly BS....but as a practical matter, I do see a lot of random breeding out there, and then people complaining about how they can't make it on their salaries. If people don't know that kids are expensive in both time and money, then I don't know what planet they've been living on.
Total Comments 2
Comments
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Though I suspect that you are saying this tongue-in-cheek and just trying to draw some fire, still I will comment on the word Choices.
Several of my buddies are always saying that people have choices. I say they don't have many good are easy ones, including the ones you mentioned. Lets hear what the troops think.Posted 09-28-2013 at 08:39 AM by Fortoggie
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I think people expect Social Security to support them in the later years. For the most part, people on SS are the most stable during this economic down turn that we all are experiencing. Also we are a people who desire instant gratification and get what we want when we want it.
As far as saving for retirement, most people can't because of lower living wages and making just enough to barely get by. I saw in an article some time ago, that said most people in America won't make a million dollars in their life time and it rated that at 80 percent of people.
At the current of inflation, a person (or family) would have to save more than half of what they are making to continue the life style that they are presently enjoying. But saving more than half of what you make will limit a quality life style (a catch 22), so one would end up living in poverty their entire life.
I personally don't save for retirement because I don't want to. Everyone looks at money in regards to retirement, but making a life style adjustment is the most important. Being prepared to have and do less is the mindset that people in or approaching retirement should adapt.
With that being said, I will be able to say to the world, that I had my turn and I enjoyed. it, therefore I am grateful for what's been provided to me through the years. I am truly blessed.Posted 10-25-2013 at 10:22 PM by night hawk
