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Economy

Silent Type

(7,622 posts)

2. +1. Yeah, when I read some of the so-called experts, I feel like an retirement savings incel.

Reply to nmmi (Original post)

Thu Dec 12, 2024, 12:25 AM

Dec 12

For example, theoretically $1000 a month for 20 years in Social Security is essentially like having $200,000 now. (using 3% as estimate). Unfortunately, you can’t blow that on a good time in a few weeks.

At least that’s what I tell myself when I look at my bank account.

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Highlight:

Are You In The Top 3% Of Retirees? Here's The Shockingly Low Amount You Need Saved To Rank Among The Richest [View all] nmmi Dec 11 OP

Bill Gates walks into a bar. markodochartaigh Dec 12 #1

+1. Yeah, when I read some of the so-called experts, I feel like an retirement savings incel. Silent Type Dec 12 #2

Most people live paycheck-to-paycheck; certainly not a lifestyle marybourg Dec 12 #3

Suze is out of touch with reality stollen Dec 12 #6

Exactly. The number of individuals/families who could not sustain a Mike 03 Dec 12 #11

The median net worth is about $192,900 - half of households above, half below. Tactical Peek Dec 12 #4

Yes, this is the statistic Katie Phang used about a week Mike 03 Dec 12 #10

Suze is full of crap stollen Dec 12 #5

I pushed the numbers when laid off at 60 exboyfil Dec 12 #7

I'm down in the sub sub sub basement as I am actually living under the poverty level as I've been disabled for decades. cstanleytech Dec 12 #8

you're worth something to us Skittles Dec 12 #9