old woman
Full time employment: Posting here.
- Joined
- Dec 22, 2005
- Messages
- 567
This is the worst financial year in my life. My house value is down about 100K, my investments down about 85K and I had a nearly 40K home repair bill.
I told my boyfriend it is a good thing my house isn't taller so jumping out the window would only injure me.
I think I will just give up after years of attempting to build net worth. Things have to get better. My job is good, they are making record profits so I will probably get a 15% contribution to my 401K and they give nice bonuses in good years last year was 15%. They are also talking pay raises since it has been two years it should be a good one.
I will just keep working and forget retirement, good thing I like my job. Maybe everything will be better next year or the year after.
I lost over 1/3 of my net worth this year but I can't really give up. I am able to save about half my pay but losing so much it will take me about 4 years to earn the lost money unless the housing and stock markets go up. I have been putting 20.5K in 401K and 6K in ROTH so can make up 100K in 4 years and pay down some of my debts or save outside retirement.
I still have money money saved than many people but no pensions so my life savings is all I have.
Should I go to a doctor and get some drugs for my depression or just wait for things to change? Things always change don't they?
I told my boyfriend it is a good thing my house isn't taller so jumping out the window would only injure me.
I think I will just give up after years of attempting to build net worth. Things have to get better. My job is good, they are making record profits so I will probably get a 15% contribution to my 401K and they give nice bonuses in good years last year was 15%. They are also talking pay raises since it has been two years it should be a good one.
I will just keep working and forget retirement, good thing I like my job. Maybe everything will be better next year or the year after.
I lost over 1/3 of my net worth this year but I can't really give up. I am able to save about half my pay but losing so much it will take me about 4 years to earn the lost money unless the housing and stock markets go up. I have been putting 20.5K in 401K and 6K in ROTH so can make up 100K in 4 years and pay down some of my debts or save outside retirement.
I still have money money saved than many people but no pensions so my life savings is all I have.
Should I go to a doctor and get some drugs for my depression or just wait for things to change? Things always change don't they?