Gray Matters by Stuart Carlson and Jerry Resler

Gray Matters

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  1. Jean

    Jean said, 7 months ago

    I heard a guy on the radio the other day say if you have 1 million saved for retirement and draw just the interest, with todays interest rates, you would only get about $23,000 a year to live off of. That is not a lot considering how long it took you to save that 1 million.

  2. DaSharkie

    DaSharkie GoComics PRO Member said, 7 months ago

    Saving money is not difficult. Live on less than you make (try living on one salary and saving the other if married), save a couple hundred a month, don’t buy new cars every 2-3 years, it is not that difficult. It takes self control, discipline, and a desire to do it.

    Problem is, most people lack that self control, discipline, and desire to do so.

  3. Marko56

    Marko56 said, 7 months ago

    DaSharkie_ That’s exactly what my spouse and I have done for the last 30+ years, and with me retired now, and my spouse retiring in another year, we are living very comfortably. It can be done; you just have to be conservative and disciplined, as you said.

  4. hippogriff

    hippogriff said, 7 months ago

    Marko56: It also means that you stay in your shell and contribute nothing to the society that got you that nest egg (sorry, redundant, you mentioned “conservative”). Or you can be born a Depression Baby and both contribute and survive – even if it means spending a few years in exile to feed your family despite the blacklists. Sure, it can be done. I have lived a comfortable, middle-class life for 80 years within 10% either side of the poverty line, but most people don’t get that training.

  5. Comic Minister

    Comic Minister said, 7 months ago

    Agreed Emily.

  6. Night-Gaunt49

    Night-Gaunt49 said, 7 months ago

    @DaSharkie

    But if you are living paycheck to paycheck saving is next to impossible. That is the problem of so many who lost their good paying jobs and can’t find the same kinds being offered. Just poorly paid service work.

  7. The Life I Draw Upon

    The Life I Draw Upon said, 7 months ago

    I have as much chance of becoming a millionaire as this country has of breaking even on the national deficit.

  8. DaSharkie

    DaSharkie GoComics PRO Member said, 7 months ago

    @Night-Gaunt49

    And how many of those living paycheck to paycheck have debt? Buy new cars instead of used? Buy a new smartphone every 2 years when the new model comes out? Pay $100 a month on their cable?

    I have lived that way. I grew up poor – government cheese and peanut butter poor. I busted my butt to get where I am. Lived paycheck to paycheck, had $22,000 in credit card debt at the age of 22….because I was stupid.
    Got sick of it. Cut my expenses. Saved money. Paid my way through three undergraduate degrees – without debt and working 3 or 4 jobs at a time. Oh yeah, I was laid off twice in that same time, during two recessions….one from a municipal job. With the exception of one month of unemployment, I accepted NO government help. Just my GI Bill which I paid into, in order to collect.

    Picked myself up. Dusted myself off. Was never on unemployment for more than a month.

    You have to be motivated. No woe is me attitude. You can trim the budget. Stop carrying debt. The borrower is SLAVE to the lender.

  9. DaSharkie

    DaSharkie GoComics PRO Member said, 7 months ago

    @hippogriff

    Who says he did not contribute anything to society? He saved. He lived on less than he made. Probably accumulated little debt. That nest egg that he spent 30 years building helps to ensure that he can live above the poverty line (which is where Social (In)Security will put you) and not be a burden on his family or wife as he ages.

    How insulting? You know nothing of him. Nor do I. Living every week paycheck to paycheck, carrying several thousand dollars of credit card debt, car loans, mortgaged to the eyeballs only invites stress, pain, and heartache…..especially when you lose a job.

    You can spend money on little things and splurge every once in a while, and still be OK. The end of the world will not come if you do not eat out 3 nights a week, or go to a movie every weekend, or go to Disney World every year.

    I have lived extravagantly, lived paycheck to paycheck, been up to my eyeballs in debt. Did not care for it, so I did something about it. And when my family pays what it pays in taxes every year, I can tell you that society will survive.

  10. DaSharkie

    DaSharkie GoComics PRO Member said, 7 months ago

    @The Life I Draw Upon

    If that is what you do not want to strive for, then feel free.

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