I have no problem with paying into SS as long as it will still be around when I deserve to get it. Problem is 40 years from now when I can ask for it, it more than likely will be gone. I just don't see any reason to not have a choice when hired. "SS or a Gov't Target Fund" kinda like "Paper or...
I agree with this as well. The people that aren't fiscally responsible enough to plan for their own retirement more than likely are one's who wouldn't read all the paperwork that goes along with getting their job. If there were a little check box asking if you would like to place your SS benefit...
Scrap it? Give it a chance? Personally, at the age of 26 I know I will more than likely never see my money again. So I think I should at least be able to use the 400/month the way I see fit. At least give me the option....
How does everyone else feel?
Those are all great lists guys but I guess I was looking for more of a specific straight to the point fiscal goal.
I guess an example would be something like what I have made for myself:
1) no unsecured debt
2) 6 months gross pay saved in an easy access account
3) Max out IRA(I don't have...
What would you guys consider sufficient financial goals if, let's say, one just happend to start working on saving?
What would be your first goal? second? third and beyond?
Actually, it takes me the same amount of time to go from here to DC as when it did when I lived in Odenton(living in AA county I assume you know where that is :)), approx. one hour
Hi, I'm Chris from MD and I'm a building engineer working in Washington DC. I'm looking forward to retiring at the age of 50. I'm 26 years old and got a late start but retiring at 50 is my ultimate goal. I started last year by with an IRA and I will be maxing that out this and every year. The...