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re: Nearly Half of All US Families Have Zero Retirement Savings

Posted on 3/3/19 at 9:35 am to
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/3/19 at 9:35 am to
quote:

but people in the lower economic realm are poor planners. In most cases, it is why they are in that realm.


No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts.

In fact the poorest amount us are the most thrifty and save whatever meager amounts they can. Instead of hiding it from taxes they are storing coins and singular dollars under their mattress.
Posted by BBONDS25
Member since Mar 2008
48663 posts
Posted on 3/3/19 at 9:38 am to
quote:

No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts


What? Of course they do. Is this another foolish Yang position?
This post was edited on 3/3/19 at 9:39 am
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64471 posts
Posted on 3/3/19 at 9:39 am to
Disagree with the poorest are the best and most thrifty among us.
My life and observations say otherwise.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423378 posts
Posted on 3/3/19 at 10:00 am to
quote:

No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts.

In fact the poorest amount us are the most thrifty and save whatever meager amounts they can. Instead of hiding it from taxes they are storing coins and singular dollars under their mattress.

ohboy.gif
Posted by Taxing Authority
Houston
Member since Feb 2010
57379 posts
Posted on 3/3/19 at 10:02 am to
quote:

No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts.
Really? What is the minimum income requirement for a "tax advantaged retirement account"? Please do, tell us.
This post was edited on 3/3/19 at 10:03 am
Posted by Stingray
Shreveport
Member since Sep 2007
12421 posts
Posted on 3/3/19 at 10:36 am to
quote:

No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts. 

In fact the poorest amount us are the most thrifty and save whatever meager amounts they can. Instead of hiding it from taxes they are storing coins and singular dollars under their mattress.


You are never allowed to call yourself conservative again.
Posted by GregMaddux
LSU Fan
Member since Jun 2011
18218 posts
Posted on 3/3/19 at 10:43 am to
quote:

In fact the poorest amount us are the most thrifty and save whatever meager amounts they can. Instead of hiding it from taxes they are storing coins and singular dollars under their mattress.


My god. Stfu
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71499 posts
Posted on 3/3/19 at 11:11 am to
quote:


No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts.

In


Vanguard has Roth Accounts for everyone you moron.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30607 posts
Posted on 3/3/19 at 12:24 pm to
quote:

In fact the poorest amount us are the most thrifty and save whatever meager amounts they can. Instead of hiding it from taxes they are storing coins and singular dollars under their mattress.

Is that why most of the poor in America have iPhones with data plans and cable TV?
Posted by ManBearTiger
BRLA
Member since Jun 2007
21860 posts
Posted on 3/3/19 at 3:00 pm to
quote:

fact the poorest amount us are the most thrifty and save


Looooooooooool
Posted by deltaland
Member since Mar 2011
90873 posts
Posted on 3/3/19 at 7:32 pm to
quote:

No they are economically disadvantaged and don’t have access to the same tax advantaged retirement accounts.


There is nothing keeping them from opening a retirement account
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