But, don't the flashing red lights send you into a catatonic state?
Posted on 03/04/2016 8:35:23 PM PST by MtnClimber
Nearly half of American families have no retirement account savings at all.
That's what the Economic Policy Institute (EPI) found in a new report, "The State of American Retirement," which dives into the retirement preparedness of American workers.
The EPI broke down the percentage of families with retirement savings by age. Those between 56 and 61 are more likely to have an account (61%), while those between 32 and 37 are least likely to have one (51%). Scroll over the chart to see how the percentages have changed for different age groups over time: (chart at link)
The average retirement savings of all American families is $95,776, but there is more to that number than meets the eye. Since so many families have no savings, the median - 50th percentile - family has just $5,000 saved.
(Excerpt) Read more at businessinsider.com ...
When they’re on welfare aren’t they already retired? If they are on welfare when they hit 66 do they switch over to Social Security or do they remain on the higher paying welfare?
I have been amazed by the number of women who have acted like going from a 3000 sqft mortgage to 1200 sqft paid for condo is tantamount to getting a DUI!
But, don't the flashing red lights send you into a catatonic state?
Some of my father’s wisest words to me: “Curb your wants”.
They’re killing us too. We went from about $900 per month to almost $1600 per month. That’s $700 less we have to spend on anything else.
“But, don’t the flashing red lights send you into a catatonic state? “
A catatonic state is so similar to my normal state I can’t answer that question.:-)
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That damn public employee double dipping needs to be outlawed. What a crock!!
Where do you live? In Minneapolis, eggs are closer to $2.00/dozen (large, not jumbo) and milk is $2.99 / gallon.
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Those prices I quoted were from Wal-Mart in Pekin, Illinois. Until fairly recently, they were more in line with yours, possibly higher. About 6 weeks or so ago, I noticed them dropping steeply and not just at W-M but every grocery store in the area. The only thing I can figure out is that there may be a temporary glut of those products on the local market.
Too bad there’s no practical way to store milk and eggs, long term. Drying them is not a “practical” way, in my opinion
What is a penultimate saver?
I guess we can say the underclass can’t understand, but maybe they really do, and that’s why they don’t bother with the “expense” of savings, which no longer net any interest of much consequence.
You have enemies in the American people who are unconcerned with the struggle you went through to save for your later years.
Best you can do with eggs is either boil or scramble, then freeze. Texture is ruined but nutrition remains.
Lol, I just got schooled. They are among the ULTIMATE of savers.
I know, I know...it was 1:30 am okay?
A penultimate saver is to an ultimate saver what a salutatorian is to a valedictorian.
Regards,
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