Gray Matters by Stuart Carlson and Jerry Resler

Gray Matters

Comments (6) (Please sign in to comment)

  1. Jean

    Jean said, over 1 year 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. Marko56

    Marko56 said, over 1 year 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.

  3. hippogriff

    hippogriff said, over 1 year 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.

  4. Comic Minister

    Comic Minister said, over 1 year ago

    Agreed Emily.

  5. Night-Gaunt49

    Night-Gaunt49 said, over 1 year 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.

  6. The Life I Draw Upon

    The Life I Draw Upon said, over 1 year ago

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

  7. Refresh Comments.