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Retirement takes some financial planning
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<blockquote data-quote="Heavy Package" data-source="post: 3520725" data-attributes="member: 70051"><p>Keep preaching your knowledge to anyone who will listen. Early 40's here, trying to get my 20 yrs with UPS. I'm playing severe catch-up on retirement and the plan for us anyway is to live on 1 income with no debt / mortgage / college funds for the kids by age 50 and then save approx. an ADDITIONAL $1M by age 60. 2 pensions and Social Security will be a bonus if they are still around by then. With the current wave of socialism in this country who knows what laws will be in place over the next generation. Not to mention what the world will look like or how much things will cost. In any case, you can only control what you can control. And that means having NO DEBT or other obligations and try and save (in whatever form you think is best for your situation) as much as possible. </p><p></p><p>Best of luck for a long, happy, and healthy retirement! I hope to be there one day...</p></blockquote><p></p>
[QUOTE="Heavy Package, post: 3520725, member: 70051"] Keep preaching your knowledge to anyone who will listen. Early 40's here, trying to get my 20 yrs with UPS. I'm playing severe catch-up on retirement and the plan for us anyway is to live on 1 income with no debt / mortgage / college funds for the kids by age 50 and then save approx. an ADDITIONAL $1M by age 60. 2 pensions and Social Security will be a bonus if they are still around by then. With the current wave of socialism in this country who knows what laws will be in place over the next generation. Not to mention what the world will look like or how much things will cost. In any case, you can only control what you can control. And that means having NO DEBT or other obligations and try and save (in whatever form you think is best for your situation) as much as possible. Best of luck for a long, happy, and healthy retirement! I hope to be there one day... [/QUOTE]
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Retirement takes some financial planning
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