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Old 10-16-2016, 08:45 PM
 
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55% of Americans surveyed consider retiring their most important milestone in life, eight times more desired than becoming a millionare:
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Americans just wanna have retirement-retire01.png  
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Old 10-16-2016, 09:01 PM
 
Location: TN/NC
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Doesn't surprise me - once you have the financial security to no longer work (what retirement technically is - not based on age necessarily) that's the very definition of having "made it."
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Old 10-16-2016, 09:04 PM
 
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I would have landed in the 43% bucket as my mortgage was with me so long I want to just get rid of it. After I paid it off it wan't the lift I thought it would be. Millionaire status never even crossed my mind. However now retirement is all I think about so I guess it would depend on when I was surveyed.
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Old 10-16-2016, 10:30 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,602 posts, read 57,568,971 times
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correct:
AMERICANS want RETIREMENT (As promoted / surveyed by AMERI-prise Financial)

The concept of 'Retirement' is judged by cross cultural studies as a "Confounding Behavior / Variable" / even incomprehensible' by some.

I expect retirement will be viewed in history as just another fad.

I hope I don't vomit on the next (Ameriprise) financial planner who starts the conversation; "Now to enjoy the retirement for which you have worked so hard, and NOW DESERVE..." (while they are salivating over the balances in the 401k Rollover)
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Old 10-17-2016, 03:44 AM
 
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Quote:
Originally Posted by freemkt View Post
55% of Americans surveyed consider retiring their most important milestone in life, eight times more desired than becoming a millionare:
1 million may not be enough to retire . so wishing for a million may not mean the retirement you want . i would not have retired here in ny on just a million , 35-40k with ss pretax in income would not cut it for us .

by saying retiring and not an excact number it means you made that level of income you desire . it could be many millions needed for some or zero for others with a juicy pension .. you are not looking at the term retiring in the entire picture .

someone with a million bucks and someone with a 40k pension and no savings can see the same cash flowin retirement .
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Old 10-17-2016, 05:13 AM
 
Location: Central Massachusetts
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Quote:
Originally Posted by freemkt View Post
55% of Americans surveyed consider retiring their most important milestone in life, eight times more desired than becoming a millionare:
Not much to start a thread on.


Quote:
Originally Posted by StealthRabbit View Post
correct:
AMERICANS want RETIREMENT (As promoted / surveyed by AMERI-prise Financial)

The concept of 'Retirement' is judged by cross cultural studies as a "Confounding Behavior / Variable" / even incomprehensible' by some.

I expect retirement will be viewed in history as just another fad.

I hope I don't vomit on the next (Ameriprise) financial planner who starts the conversation; "Now to enjoy the retirement for which you have worked so hard, and NOW DESERVE..." (while they are salivating over the balances in the 401k Rollover)
Since I am an Ameriprise customer I know what you are saying. I don't have much there but what I do has been doing well. I have not let them talk me into buying products that are not right for us.

On retirement being a fad though I wouldn't go quite to the point that no one retires but I will say that it might become less fashionable and be like waves. As long as we have a retirement system like SS it will be that way.
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Old 10-17-2016, 05:36 AM
 
105,860 posts, read 107,820,907 times
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Quote:
Originally Posted by freemkt View Post
55% of Americans surveyed consider retiring their most important milestone in life, eight times more desired than becoming a millionare:
but half of americans make very little effort to secure that retirement nor the million dollars ..

Last edited by mathjak107; 10-17-2016 at 05:53 AM..
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Old 10-17-2016, 05:58 AM
 
33,016 posts, read 27,323,935 times
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Quote:
Originally Posted by mathjak107 View Post
but half of americans make very little effort to secure that retirement .

Inspired by Clint Eastwood, awareness of my limitations leads me to seek the tiny house that will allow me to enjoy a modest lifestyle in retirement, but government would rather I be a rent slave enriching some landlord than own that tiny house.
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Old 10-17-2016, 06:15 AM
 
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In february2018, I'll retire with a 2000 $ / month pension and 500.000 $ in Financial assets (house and car paid for). Not wealthy by a long shot, but enough to have a comfortable life in the countryside and snowbird to somewhere warm in winter. I'm not asking for more. Let the Joneses have their blingbling retirement LOL
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Old 10-17-2016, 06:25 AM
 
Location: On the Chesapeake
44,990 posts, read 59,968,393 times
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Quote:
Originally Posted by freemkt View Post
Inspired by Clint Eastwood, awareness of my limitations leads me to seek the tiny house that will allow me to enjoy a modest lifestyle in retirement, but government would rather I be a rent slave enriching some landlord than own that tiny house.

Aaaannnnndddd, once again it becomes about your, I emphasize your, choices over the last 30 years leavened with blaming the government for having rules controlling properties from becoming slums.
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