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Old 06-07-2014, 03:12 PM
 
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Great article on retirement wealth and that many still have pensions and along with SS are not drawing down their investments. As others have noted there are so many variables big pictures are challenged to be accurate.
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Old 06-08-2014, 04:06 AM
 
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We retired 5 years ago and our nest egg is bigger than ever. The stock market is doing crazy things.
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Old 06-08-2014, 04:10 AM
 
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i would think anyone who retired after 2000 has to be up more than they pulled assuming at least a 40% allocation to equities and staying the course..

it is the money pre 2000 that stalled out and is just showing signs of life again 14 years later.

in inflation adjusted terms the s&p is just about even with 14 years ago.

Last edited by mathjak107; 06-08-2014 at 04:21 AM..
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Old 06-08-2014, 04:19 AM
 
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Quote:
Originally Posted by mathjak107 View Post
i would think anyone who retired after 2000 has to be up more than they pulled assuming at least a 40% allocation to equities and staying the course..

it is the money pre 2000 that stalled out and is just showing signs of life again 14 years later.

in infaltion adjusted terms the s&p is just about even with 14 years ago.
Part of the study is that folks are not touching and or adding to. We are not fully in the post pension era. Lots in the study including education and assets and who us doing the best and applying their wealth the most to make more. As you and others have noted previously the devil is in the details and this provides some of that. Another interesting thought to ponder is. Are those with pensions also more likely to have work place savings plans 401/403 etc and take advantage of them?
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Old 06-08-2014, 08:29 AM
 
Location: Great State of Texas
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Quote:
Originally Posted by TuborgP View Post
Part of the study is that folks are not touching and or adding to. We are not fully in the post pension era. Lots in the study including education and assets and who us doing the best and applying their wealth the most to make more. As you and others have noted previously the devil is in the details and this provides some of that. Another interesting thought to ponder is. Are those with pensions also more likely to have work place savings plans 401/403 etc and take advantage of them?
I did. Had a pension and also had a 401K which I gradually came to max out as my salary increased over the years. All the other engineers I worked with also participated in the 401K.

That's a very interesting report you posted TuborgP. I just skimmed over it but will read it fully later.
I see where I fit it and it kinda describes my standing and strategy pretty accurately.
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Old 06-08-2014, 08:30 AM
 
Location: Great State of Texas
86,093 posts, read 72,556,082 times
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Quote:
Originally Posted by mathjak107 View Post
i would think anyone who retired after 2000 has to be up more than they pulled assuming at least a 40% allocation to equities and staying the course..

it is the money pre 2000 that stalled out and is just showing signs of life again 14 years later.

in inflation adjusted terms the s&p is just about even with 14 years ago.
There's a lot more to it than just Wall Street investing though. That's just one piece of a bigger pie.
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Old 06-08-2014, 09:22 AM
 
Location: Los Angeles area
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My savings have grown since retirement because my pension is adequate to live comfortably, though not lavishly. I am not in the least tempted by lavish living anyway. Other factors:

1. I paid off my house about the same time I retired.
2. I continued to work occasionally for seven years after retiring, which was mostly not planned. It was just icing on the cake financially and was something interesting, challenging, and enjoyable to do.
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Old 06-08-2014, 09:30 AM
 
Location: Great State of Texas
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Originally Posted by Escort Rider View Post
My savings have grown since retirement because my pension is adequate to live comfortably, though not lavishly. I am not in the least tempted by lavish living anyway. Other factors:

1. I paid off my house about the same time I retired.
2. I continued to work occasionally for seven years after retiring, which was mostly not planned. It was just icing on the cake financially and was something interesting, challenging, and enjoyable to do.
I retired with no debts as well and also have a pension.
And I also continue to work (sub teaching, tutoring).

And when I get paid I say "Hey..I don't have to save for retirement anymore so I can spend it all"
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Old 06-08-2014, 09:50 AM
 
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There are a number of forum participants like ER and Happy Etc.
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Old 06-08-2014, 10:01 AM
 
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CNBC has a Financial Times article today that 401 plans are going to experience net outflows starting around 2016. Primary reason is retiree's moving funds out of company 401's into IRA accounts at a higher amount than new contributions.
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