Personal Finance and Investing

Common Sense Party

(14,139 posts)

6. Amen to that. When I was out knocking doors, meeting people as a beginning

Wed Jul 18, 2012, 07:13 PM

Jul 2012

financial advisor, people would tell me emphatically, "I don't have any money to invest for retirement!" And I would look over to their driveway and see the two new SUV's, the brand new boat, and I'd see the satellite dish on the roof, etc.

I know there are some people who genuinely CAN'T save ANYTHING, their financial straits are so dire. But far too many people have trouble distinguishing needs from wants, and--at least before the financial meltdown hit--the concept of "living within one's means" was a foreign concept to them.

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5 Ways People Sabotage Their Own Retirement [View all] Common Sense Party Jul 2012 OP

6. Voting for republicans. Turbineguy Jul 2012 #1

I almost posted the same thing Common Sense Party Jul 2012 #3

#4. sure hard to find the happy medium in this market. thanks. nt seabeyond Jul 2012 #2

Definitely true, but even a 50/50 bond/stock mix is better than Common Sense Party Jul 2012 #4

The 18% is if you wait until age 35 to start saving. SheilaT Jul 2012 #5

Amen to that. When I was out knocking doors, meeting people as a beginning Common Sense Party Jul 2012 #6

Not a bunch... GreenMask Jul 2012 #7

I agree. Common Sense Party Jul 2012 #8

Bye freeper. Had you all along. Kingofalldems Jul 2012 #9

Retirement Billy Patterson Aug 2012 #10

5 ways people sabotage their own retirement GMR Transcription Nov 2012 #11