mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
(Again Bogleheads locked me out on this item, hope it fits here.)
Not sure how all of this will affect my finances, but this surely looks like a tax, smells like a tax, sounds like a tax. Hope I will not step in it!
Now the down side of saving for the future begins to show it's ugly head.
http://assetbuilder.com/blogs/scott_bur ... t-you.aspx
Not sure how all of this will affect my finances, but this surely looks like a tax, smells like a tax, sounds like a tax. Hope I will not step in it!
Now the down side of saving for the future begins to show it's ugly head.
So here’s a tough question: How much would the standard of living of retirees decline if current conditions persisted into the distant future?
Is this how it would affect every retiree? No. Retirees with smaller nest eggs would be less affected because more of their income comes from Social Security and less from investments. Retirees with more in savings, however, would be more affected because a larger proportion of their income comes from savings.
How will lower returns affect you?
It all depends on your income, marital status, whether you own or rent, whether you have a mortgage, etc.