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How's All Those Retirement Savings?
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Budget & Savings
How's All Those Retirement Savings?
<font size="1"><div>Saving money is easier than you might think with a little ecouragement from fellow savers on a budget. Learn how to save for long or short term goals. Who knows a money saving expert might even pop in every once in a while.</div></font>
After a lifetime of work, did we save enough to live as we imagined? Were we wise in our planning? Is your mortgage paid in full? Are other debts paid off? Whatever your answer, ther
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Cat:827966ee-6d39-4ef7-98a5-0157a43092f8Forum:f80ddd14-505a-4bab-8d65-8444c1068885
Cat:827966ee-6d39-4ef7-98a5-0157a43092f8Forum:f80ddd14-505a-4bab-8d65-8444c1068885Discussion:984a8d70-78f9-4bcc-8505-2d626e130aec
Forums » Money » Budget & Savings » How's All Those Retirement Savings?
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Re: How's All Those Retirement Savings?
posted at January 20, 2012 11:28 AM EST
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Posts: 1923
First: November 27, 2011 Last: May 18, 2013 |
In Response to Re: How's All Those Retirement Savings?: In Response to Re: How's All Those Retirement Savings? : "THEY" tell us to save for retirement (which the retirees today did) But what for most Americans...what one can actually save from the wages of yesteryear are not good enough for today's expenses even if they were invested wisely. That's why we were promised Soc Security would be there for us. So what they are doing is saying we want to or reduce benefits or get rid of the program entirely. Then meanwhile, they cut the interest rates to near ZERO so we are eating up the principle we saved so diligently instead of being able to live off interest income. And we won't have anything to leave to our kids who will need it more than we do. Women suffer the most.... 60% of women hold low-pay but NECESSARY clerical jobs, & around the same number of e women are totally unprepared for retirement. Actually 1 of 4 depend on SS for 90% of their -income living in or near poverty. Given this experience....what motivation does it give the next generation to save any money for retirement ? I suppose they will if they don't examine the stats as they stand today. Posted by JANMB One of the responsibilities that we have in this free society is to plan for ourselves. Nobody has to be stuck in a low paying job if they have adequate mental facilities to learn, think, read and respond. Sometimes this is just a matter of setting priorities in one's life - education, family planning, how we spend the money that we do make through the years, how we add to our income with investments & savings. Since I was self-employed for the majority of my working career, I had to learn how to put those $$$$$ to good use. I had no employer to do it for me. I pay for my own health insurance, I contribute 100% to the money that is in my retirement with no "match" from anybody. I paid my own taxes with NO employer match for self-employment taxes of Medicare and Social Security - 15%+ of self employed earnings. If people don't like the amount of money they are paid for a job or occupation, why do they stay - they have the freedom to change. The middle class and even the poor (I came from poor) need to take control of their own lives while they can to change things. |
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Re: How's All Those Retirement Savings?
posted at January 23, 2012 5:25 PM EST
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Posts: 32
First: November 13, 2009 Last: May 29, 2012 |
When satisfying the MRD, can securities be transferred "in kind" from the Rollover IRA to a non-IRA account so that they don't have to be liquidated if the timing is not right? Thanks for your help. |
Forums » Money » Budget & Savings » How's All Those Retirement Savings?
