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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (75986)7/5/2011 9:58:23 AM
From: SG  Read Replies (1) | Respond to of 217741
 
"These are not sob stories nor would a higher yield on CDs help them much. They lived well within their means during their entire adult life. They only forgot one thing - save for retirement.

Couple 1 has less than $1 million in retirement to support a $300,000 per year life style.

Couple 2 has an approx $100,000 pension from one job to support a $200,000 lifestyle, with almost no savings."

Surely you jest. Maybe they can live slum it and live on $50,000k/yr.

I would hope the water from my passing car hits them in the face for being wastrels.

SG