With "high "interest rates (0.01 on my CD now) I can retire at 100 if I am lucky enough to live that long—time to take it out and put it in my 0.04% savings.
Back before I retired, I went to a Site that calculated, I think they called it “Your Richness Scale”, like a 1-Percenter would be a 99. I think I came out to be a 91 or 92. I really didn’t think I’d score that high. I could say I was a “9-Percenter”. ☺
I laugh when I see how much they say you need for retirement. It’s generally more than two (or even 3) million dollars. My wife and I do just fine with considerably less and most retired folks have less than we have.
Liverlips McCracken Premium Member 10 months ago
They think what the life expectancy tables tell them to think.
Macushlalondra 10 months ago
97?
david_42 10 months ago
I retired at 52, with any luck I’ll run out of savings around 108. The luck part is living that long.
Billys mom2022 10 months ago
With "high "interest rates (0.01 on my CD now) I can retire at 100 if I am lucky enough to live that long—time to take it out and put it in my 0.04% savings.
ChessPirate 10 months ago
Back before I retired, I went to a Site that calculated, I think they called it “Your Richness Scale”, like a 1-Percenter would be a 99. I think I came out to be a 91 or 92. I really didn’t think I’d score that high. I could say I was a “9-Percenter”. ☺
Bill The Nuke 10 months ago
According to many ‘experts’ and politicians we shouldn’t retire until we’re in our 80s.
Alberta Oil 10 months ago
I’d be happy to be healthy enough to delay retiring till 95
sobrown51 10 months ago
I laugh when I see how much they say you need for retirement. It’s generally more than two (or even 3) million dollars. My wife and I do just fine with considerably less and most retired folks have less than we have.
saywhatwhat 10 months ago
Oh no, we’re going to get a week of retirement jokes.