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MSNBC: "Few" people in their early 60s can afford retirement
Old 07-27-2005, 04:32 PM   #1
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MSNBC: "Few" people in their early 60s can afford retirement

Hey guys,

I just read a mildly interesting--albeit simplistic--article on MSNBC.* It says few people in their early 60s can afford a comfortable retirement.* There are also some other troubling statistics, of questionable value.

Check it out at:

http://www.msnbc.msn.com/id/8499888/
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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-27-2005, 04:50 PM   #2
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Re: MSNBC: "Few" people in their early 60s can afford retirement

Quote:
Originally Posted by SLC Tortfeasor
Hey guys,

I just read a mildly interesting--albeit simplistic--article on MSNBC.* It says few people in their early 60s can afford a comfortable retirement.* There are also some other troubling statistics, of questionable value.

Check it out at:

http://www.msnbc.msn.com/id/8499888/
Then why am I so "comfortable"? Inquiring minds want to know.

JG
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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-27-2005, 05:10 PM   #3
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Re: MSNBC: "Few" people in their early 60s can afford retirement

"Then why am I so "comfortable"?"

- must be that lazy-boy and your decision to have a magnum in your night stand as "long term care insurance".
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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-27-2005, 05:34 PM   #4
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Re: MSNBC: "Few" people in their early 60s can afford retirement

From the article:

It's not just money. It's boredom. At age 65, even 70, many people are vital with much to contribute. They don't want to stop. But they don't want to put in a nine-to-five day either.

Contribute to what? Society can't live without their labor or brains? Nothing better to do with your time than work?
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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-27-2005, 07:21 PM   #5
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Re: MSNBC: "Few" people in their early 60s can afford retirement

Quote:
Originally Posted by maddythebeagle
"Then why am I so "comfortable"?"*

- must be that lazy-boy and your decision to have a magnum in your night stand as "long term care insurance".
True! Proximity to SS and a working spouse doesn't hurt either.

JG
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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-27-2005, 08:24 PM   #6
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Re: MSNBC: "Few" people in their early 60s can afford retirement

Contribute?

When the Shuttle lifted off yesterday - I suffered a brief twinge I wasn't still 'in harness' anymore - lasted about fifteen minutes.

This morning's paper had a big front page picture from the local plant watching the liftoff. From the names listed in front - I picked out 'the daughter' of one the women from my SO's old department. Then I checked out the grey hair of the guys in the picture.

ER is good.

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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-29-2005, 08:37 AM   #7
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Re: MSNBC: "Few" people in their early 60s can afford retirement

Quote:
Originally Posted by unclemick2
Contribute?

When the Shuttle lifted off yesterday - I suffered a brief twinge I wasn't still 'in harness' anymore - lasted about fifteen minutes.

This morning's paper had a big front page picture from the local plant watching the liftoff. From the names listed in front - I picked out 'the daughter' of one the women from my SO's old department. Then I checked out the grey hair of the guys in the picture.

ER is good.
Did you work at the Stennis Space Center on the gulf coast? Just curious.
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Re: MSNBC: "Few" people in their early 60s can afford retirement
Old 07-29-2005, 08:46 AM   #8
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Re: MSNBC: "Few" people in their early 60s can afford retirement

Michoud (New Orleans) mostly. MSFC(Huntsville) was second. Very very little at Stennis.
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