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In reply to the discussion: You wanna live into your 90's? Retire early! [View all]violetpastille
(1,483 posts)19. Please.
I beg you,
"Anyone who has worked all life and bothered to save 10% of earnings can retire at age 55."
I'm glad everything has worked out well for you. Really.
But knowing way too many good people who work hard and work paycheck to paycheck I can't agree. It's not that they aren't "bothering". Please believe me.
I know you don't mean to be insensitive, but...that statement is over broad.
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Unfortunately, a lot of people don't have the option of early retirement.
The Velveteen Ocelot
Dec 2018
#4
If you're a single mother with a couple of kids working a minimum-wage job,
The Velveteen Ocelot
Dec 2018
#20
Retired 17 years ago, thanks to my union and 30 and out, so out I went at age 52.
safeinOhio
Dec 2018
#22
Thank you for sharing your experience. I'm struggling with this decision now.
AnotherMother4Peace
Dec 2018
#24
A lot of optimism and lucky to be able to do it but still some good advice in there.
keithbvadu2
Dec 2018
#25
To everyone who stoutly asserts that it simply is not possible to save any money,
PoindexterOglethorpe
Dec 2018
#33
I'm 70, and I don't exercise regularly. However I'm not about to advocate
PoindexterOglethorpe
Dec 2018
#41