Focus
Full time employment: Posting here.
- Joined
- Oct 10, 2009
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- 640
What a worthless, absurd article.
The New York Times: How Big Do You Want Your Nest Egg to Be?
Most of the crazy numbers bandied about by these folks are taken at face value by the writer.
Even with all the "cheap and dirty" traveling, good luck reaching $65 million...
The New York Times: How Big Do You Want Your Nest Egg to Be?
Most of the crazy numbers bandied about by these folks are taken at face value by the writer.
Her number hovers around $65 million. With that she would travel with her family. But “I see that as an educational experience more than a luxury item purchased with a windfall,” said Ms. Todd, 51, a writer and teacher in Sacramento who is married with three children. “We’d travel cheap and dirty, with immersion in mind.”
[snip]
“We have a half mil in the bank, and I panic all the time about not having enough,” Ms. Todd said. In addition to her parents and in-laws, all of whom are in their 90s “with two pension plans possibly running out,” her two children will be heading to college in the next five years. She also has a $500,000 home with $400,000 still owed on it and a retirement fund that did not begin until 2002, when her husband graduated from law school.
Even with all the "cheap and dirty" traveling, good luck reaching $65 million...