Gray Matters by Stuart Carlson and Jerry Resler

Gray Matters

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  1. Jean

    Jean said, about 3 years 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, about 3 years 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, about 3 years 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, about 3 years ago

    Agreed Emily.

  5. The Life I Draw Upon

    The Life I Draw Upon said, about 3 years ago

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

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