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 6 months ago
They think what the life expectancy tables tell them to think.
Macushlalondra 6 months ago
97?
david_42 6 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 6 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 6 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 6 months ago
According to many ‘experts’ and politicians we shouldn’t retire until we’re in our 80s.
Alberta Oil Premium Member 6 months ago
I’d be happy to be healthy enough to delay retiring till 95
sobrown51 6 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 6 months ago
Oh no, we’re going to get a week of retirement jokes.