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re: 1 in 6 millennial: $100k saved in bank

Posted on 1/23/18 at 9:03 pm to
Posted by Lou Pai
Member since Dec 2014
28150 posts
Posted on 1/23/18 at 9:03 pm to
quote:

250k for a retiree can last a hell of a long time. With SS, You could stretch that 250k a longggg way. Not to mention the interest it’s gaining.


Until you have a terminal illness/stroke/heart attack and are hospitalized, and your wife becomes widowed. Not to mention if we experience a reversion to the mean in inflation.
This post was edited on 1/23/18 at 9:04 pm
Posted by YoungManOldMan
Member since Dec 2017
1882 posts
Posted on 1/23/18 at 9:21 pm to
quote:

Until you have a terminal illness/stroke/heart attack and are hospitalized, and your wife becomes widowed. Not to mention if we experience a reversion to the mean in inflation


Just tell these mongrols how it is. Drive a big truck with extra large nuts or retire at a reasonable age.

Drive a jallopy and save that $711 a month in retirement and retire a millionaire.
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