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HWA

Joined: 01/05/2001 Posts: 5542
Likes: 1601


Yep, I wonder about that (20 years away from retirement)


In my 20s, I often didn't touch ~ 50% of my Gross Pay. Didn't take the vacation to Europe, didn't buy a new car. I was stuffing money into 401k/Roth/savings, because that was the "smart" thing.

When I retire, will that be my reward? "Good for you, you were a frugal person. Since you've already got money, you don't need any of these social/health programs. Come back when all your assets are gone!"

In which case, why don't I just buy a new Escalade every 2-3 years? I can live paycheck-to-paycheck, and then get all my free goodies @ 65 years old.

(In response to this post by vt90)

Posted: 02/22/2018 at 10:28AM



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Current Thread:
  Wouldn't be surprised...actually expect it. ** -- EDGEMAN 02/22/2018 11:19AM
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  And soccer moms attempting to drive ** -- fordham 02/22/2018 11:07AM
  Soccer mom shun ** -- HokieAl 02/22/2018 2:06PM
  Ask and you shall receive... -- UTPr0sim 02/23/2018 6:34PM
  They could lift the SS tax cap ** -- hokeyhokie 02/22/2018 10:52AM
  It wouldn`t surprise me.... ** -- VTUD 02/22/2018 11:15AM
  People maybe aren’t living so much longer -- MrBayAreaHokie 02/22/2018 10:23AM
  So, what do the average age at death stats look like? -- Freddyburg Hokie 02/22/2018 12:45PM
  You clearly have thought about it -- RTFC 02/22/2018 2:04PM
  No, you're saying two different things.... -- Freddyburg Hokie 02/22/2018 2:13PM
  Well I was talking mathematically. -- RTFC 02/22/2018 2:34PM
  They need to encourage more people to smoke. -- Hokie360 02/22/2018 10:27AM
  Probably go with means testing -- hookie 02/22/2018 10:10AM
  Gotta factor in home equity somehow -- Hokerer 02/22/2018 1:16PM
  Don't disagree -- RTFC 02/22/2018 11:17AM
  That's what we plan to do -- Thankful Hokie 02/22/2018 12:49PM
  That`s me...62 and started yesterday. ** -- VTUD 02/22/2018 10:34AM
  ^^ THIS WILL PISS ME OFF ^^ -- vt90 02/22/2018 10:15AM
  That will not happen IMHO -- VaTechie 02/22/2018 11:03AM
  Got no problem with that -- RTFC 02/22/2018 11:34AM
  Have no expectations and you won't be disappointed ** -- bigbadbird 02/22/2018 10:04AM
  Is that what you tell your wife when you're in the mood? ** -- statmanfromHCyrs 02/22/2018 10:27AM

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