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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Kik who wrote (68706)	10/29/1999 3:52:00 PM
From: charlie mcgeehan	Read Replies (2) \| Respond to of 90042

interesting thought on private credit. i was not aware of that. when i posted the article i was thinking more in terms of retirement. i expect we will see an average lifespan of 80 years or more very soon. what on earth are people going to do, work until they die. i can't believe for a minute that the average person is not thinking of retirement in their mid to late 50's. what do they think they are going to live on. i remember doing an exercise about 10 years ago to determine how much money i would need at 50,55,60 and 65 years of age if i retired at one of those times and the type of lifestyle i wanted to live-made me look hard at and change a number of habits. i'm in my mid 40's now and would hate to think all i had was my home equity to fall back on. i mean you have to live somewhere right? charlie