Posted on 07/18/2018 7:45:57 AM PDT by C19fan
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No reason anyone living in this country cant be a millionaire by the time theyre 60 if they practice frugal living and have a work ethic.
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PLENTY of reasons for not being in the ‘$M club’; many having a single source of consternation: GOVT.
Govt...w/ it’s hand out to be ‘paid’ FIRST
Govt...TAXES galore (!= A1S8, let alone many Amendments)
Govt...rules/regs (again, NEVER passed by Congress but w/ the ‘weight of law’)
Govt...perversion of the Free Market
...
It’s enough the theft of ~12% of one’s pay to prop-up that which would be ILLEGAL in the REAL world. Ponzi schemes galore.
Frankly I don’t know that I could ever fully retire after watching my dad. He spent his days puttering around the house, looking for stuff to occupy his time. I think I’d go nuts.
There's always the homeless option.
In the bizzarro reality of these "entitled" morons the money fairy reigns supreme :
If it's not mommy and daddy, it is the infinite purse of the actual adult working Americans, not in the warm embrace of "public employment," the largest subculture parasites of all.
Good luck to them.
Ha. They're not concerned with what's in their wallet. Like all good scialists, they want to know what's in your wallet.
As an aside, there are many wallet apps for smartphones.
Got my retirement statement just yesterday. Pleasantly surprised...plus IRAs, Savings, Home and vacation condo paid for, cars paid for, 2 motorcycles and tennis game never better at age 60. Out lasting guys half my age in the Texas heat.....USTA 4.0 but can hit easily with 4.5 guys. Worked for all of it.......fool.
I’m in!
I am more concerned about the 50-somethings calling in to Dave Ramsey with little savings, a lot of debt and retirement on the horizon.
You know, I do not want to steal glory from the God who has blessed, but you almost have to be completely mentally incapacitated to not make this goal in America.
I heard one pundit basically say that you almost have to work at failure to not become wealthy in America.
Yes, yes, I understand the myriad of reasons for setbacks, but even still, compared to almost any other human on the planet now -- or ever -- nearly every single American is wealthy far beyond imagination!
Instead of the leftist diatribe of their schooling how about a basic course in fundamental economics and practical management of finances. Also Im keen on having automatic enrollment for young employees to contribute to a retirement plan. Even small amounts in their 20s can add up significantly over the decades.
I retired at age 61. I am so busy, I can’t figure out how I ever had time to go to work.
scialists —> socialists
My church has a school that has a required class on personal finance (Dave Ramsey’s). And yet most of those young folks, even after that immersion, are foolish with finances.
They can always move to France it worked out well there. /s
Many Millennials despise their parents faith and moral teaching, but they are looking forward to inheriting what their parents’ money. Parents in such situations should consider leaving most of their wealth to causes that agree with and promote their values.
Good luck.
Most are counting on GoFundMe
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Retirement is for wimps.
Im 62 still employed, got to the goal yet Im still tottering over should I stay or should I go? I guess its a good problem to have when I hit 63 next year Ill re-evaluate.
"Retirement is for quitters." LOL.
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