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Re: The Average American Cant Save Enough to Retire 

By: DGpeddler in POPE 5 | Recommend this post (2)
Sun, 17 Mar 19 3:27 PM | 67 view(s)
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Msg. 28080 of 62138
(This msg. is a reply to 27994 by Zimbler0)

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If the house is paid off and the car is paid off, $2,500 should be more than enough to pay the bills.


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The above is a reply to the following message:
Re: The Average American Cant Save Enough to Retire
By: Zimbler0
in POPE 5
Sat, 16 Mar 19 6:54 PM
Msg. 27994 of 62138

>>>
If you spent most of your life paying as much as legally possible into the system, and you retire in 2019 at age 65, your monthly benefit will be $2,757.
>>>


This 'John Mauldin' ain't too bright.
Shoveling ones money into social security is NOT investing
for retirement. It is perpetuating a ponzi scheme.

It IS possible to 'save' enough to retire - if one starts early
and invests the moneys prudently. In things that will outpace
the rate of inflation.

Zim.


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