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re: A $4.03 hourly wage in 1973 had the same purchasing power that $23.68 would last year.
Posted on 4/22/19 at 1:34 pm to FLObserver
Posted on 4/22/19 at 1:34 pm to FLObserver
quote:
Thats the scary part. The wages are not nearly keeping up with inflation. A trip to the grocery store when i was a kid was 70 /80 bucks a week now for my family its about 200 a week. Thats just groceries. Its going to be scary times in the next 50 years for this country and the U.S. is a world leader compared to most.
That's the thing about retirement. You don't know how much things will cost, you don't know if you will get SS or how much and you don't know how long you are going to live. It's just a guesstimate
This post was edited on 4/22/19 at 1:35 pm
2
Posted on 4/22/19 at 1:40 pm to fallguy_1978
quote:
That's the thing about retirement. You don't know how much things will cost, you don't know if you will get SS or how much and you don't know how long you are going to live. It's just a guesstimate
Totally Agree. I dont plan on retiring anytime soon
but will probably kick the bucket a month after i do
Posted on 4/22/19 at 8:33 pm to fallguy_1978
quote:
That's the thing about retirement. You don't know how much things will cost, you don't know if you will get SS or how much and you don't know how long you are going to live. It's just a guesstimate
This is why I live the high life and just hope I die by 65
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