Join Early Retirement Today
Thread Tools Search this Thread Display Modes
13% of anything is a low #
Old 04-17-2009, 04:57 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 5,664
13% of anything is a low #

Medical expenses seem to be the only thing that is not adversely affected by this lousy economy.

The impact of the market downturn and the recession on Americansí expectations for retirement is dire, as evidenced by the 2009 Annual Retirement Confidence Survey, the 19th fielded by the nonpartisan Employee Benefit Research Institute. The number of workers feeling very confident about retirement dropped 50% since 2007.

The factors leading to this severe drop in confidence wonít surprise you: economic uncertainty, inflation, the cost of living, job loss and loss of retirement savings. In addition, workers and retirees alike are concerned about medical expenses, with only 13% of working Americans and 25% of retirees feeling very confident about meeting medical costs.
Retirement Confidence at Record Low
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Low cost of living town with low humidity? rec7 FIRE and Money 111 09-01-2008 03:59 PM
glut of liquidity. low cost of capital. low yields perinova FIRE and Money 3 01-10-2007 04:40 PM
FI on the down low??? Cattusbabe Life after FIRE 112 05-21-2006 04:43 PM
Warm,Low cost of living,No/Low taxes, inexpensive golf & water sports JohnnieRed Life after FIRE 60 01-16-2006 09:54 AM
How low could you go??? patnbj FIRE and Money 15 08-18-2004 09:20 AM


All times are GMT -6. The time now is 09:07 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.