Retirement

[omission]

Do you expect to be able to afford to retire when you are 65?

 

[dead mike]

one way or another yeah i do

 

[skd_mrk]

Yes.

I've been working since I was 16 for the same company (28 now). I have 2 defined and vested pension plans, one from the union when I was younger (probably won't amount to much) and the one associated with the management employees. I contribute 6% to the 401(k) with a company match to 5%. I also set aside $150 a month for my Roth IRA account. I'm debating rolling my day-trading account into the IRA which I would have to do over the course of 2 years because of the maximum yearly deposit restrictions. Factor in any inheritance and social security as icing on the cake.

So hopefully even without social security I'll be able to retire somewhat early. I'm actually eyeballing 60. My forecasted replacement ratio was 103% at 65.

I love finance.

 

[surreal trip]

103% of todays valued income or is that pro-dated for inflation? glad to hear you're making full use of the Roth IRA thats phenomenal stuff... though I don't like the 5 years vesting but I guess it makes sense for a straight tax purpose line.

I'll be retiring before that 65 mark as well... though I'll probably always work I'll just do something I enjoy more.

 

[APESJIT]

I expect to be dead

 

[Shotgun Jesus]

[quote1273781005=APESJIT]
I expect to be dead
[/quote1273781005]
+1

 

[dead mike]

pushing up daisys i'll drink to that

 

[68cal]

lol if u dont retire when your 60 just buy a place in the backcountry and grow weed

 

[BIOP]

I hope to retire well before 65, then rock the free world.

 

[Cock]

[quote1273794216=Shotgun Jesus]
[quote1273781005=APESJIT]
I expect to be dead
[/quote1273781005]
+1

[/quote1273794216]

+2