I would guess that most of you haven't given it more than a quick thought. I would say less than 10% here have started a Retirement account and are planning for that day. The rest are living life day to day. What do you plan to do when your 60 with no money in the bank? Its not like off shore books are gonna start opening 401k plans for ya.
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I think I'm considerably older than most of the posters here...I've got my 401K through work and an IRA that we have faithfully fed over the years and our savings account which, in another ten to twelve years will let me retire in the manner to which I would like to become accoustomed!
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Max out the IRA every year. Great time to start if you haven't, with markets down.Comment -
You guys are in the minority. You have thought about your future. I would say there are others here who haven't. And will be trying to hit 10 team parlays when they're in their 50's to catch up and put some money aside.Comment -
If your work offers a 401K, especially if they match, you gotta do it. It's like passing up free money if you're not in at least for as much as your job matches...Comment -
Yah but what if you don't live to 60?Comment -
I meant me personally, sorry miscom, I am not worried about it because I doubt I will live that long with my lifestyle 22 with gray hairs alreadyComment -
I could retire in about 3 or 4 years but my line of work I really enjoy. I will work until I am very old probably. I own my company and it has grown over the years. I have 13 employees and things are great. I plan on working a long time because it is my business and enjoy it.המוסד
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Wait, insurance or sales right?....
can't remembrer, thought you mentioned it earlier maybe.Comment -
I think he's in to printing. Like doing shirts and things like that.Comment -
My first business was in the music industry, I still do it but I own 3 group homes in the community. They each house 5 adults with different types of disabilities and behaviors. It is a very rewarding profession I believe. The state pays for each client monthly. I am looking to branch out in all areas. It doesn't matter if we are in World War 3 there will always be need for people with disabilities and housing for them. I used to be in the trenches of this job and the pay was terrible. Now that I am on the other side of it It is a different picture. I still get in the trenches and work on-line with the staff. We house people that need restraints to medical conditions. I am currently looking to open a home in Los Angeles and eventually start moving Midwest to the East Coast. The three houses keep my on my toes but I have it running smooth and I love to make money and I cannot see myself doing any other kind of work.Last edited by flyingillini; 07-26-08, 12:19 PM.המוסד
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Have a 401K, being funded every 2 weeks.
Thinking of opening a ROTH IRA, that I would like to max out every year.
Opening a ESA for my son next year, after I get my debt paid off.Comment -
I am broke, I had money years ago but cashed everything out to pay loans, books, ect. It is too hard to save, I need the cash to gamble and live. I think most are in my shoes though.Comment -
right with u Doc, hopefully Ill be done in the next 5 to 10 years with a nice life style. style.Comment -
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My business went sour , so I found a sugar momma.Comment -
I'm only 20, but when I graduate I plan on putting money in a 401k for sure. Most of the CPA firm's that I have looked at match you as well.
Free Money is right.Comment -
1. Start a business, even if its part time for now.
2. Pay of credit card debt. They are disguised loan sharks.
3. Save 6 months living expenses in cash.
4. Fund an IRA, or 401K to the max each year.
5. Extra can be used for gambling. No extra - no gamble.Comment -
ever since the markets bombed, so did my retirement savings.......
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I'd love to meet the real guy behind the JJ mask. I bet your right Slick. look at his pad, nice granite tops also those work vids from the office, the cocksucker proably owns his business. Reason JJ doesn't meet posters and participate in events is it would kill the illusion he created. His on-line persona would be blown.Comment -
JJ Gold is already retired, folks. He made his money early and got out of the grind. This is his hobby, just like someone else's may be fishing or playing golf. JJ Gold decided to post on sports forums while enjoying retirement.Comment -
We are here for his amusement, Slick.
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I put $100 a paycheck in a 457 deferred comp account (doesn't get taxed going in).
Been doing it for 2 years and in another 19 years its gonna look real nice if I increase it by $50 a year.
Should be a check for right around $620,000
that combined with my pension should be enough to allow me to travel, play poker, golf and sports bet my brains out.Comment -
One day ill meet the real JJ Gold and rip his mask off in front of everyone HA>HA>HA>HAA
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