[DoctorTOneery]

Thnx for the words there Snoopy and Zoo, I will take these into consideration the next time I feel uninspired to live.

[wmcelesta]

Crime!

[flowersnewaho]

I'm young (mid 20s) and I'll probably change my mind at some point, but I'm not sure I'd ever fully retire. I'm pretty sure I'd get bored quickly. In any case, I'm hoping that my 401k and employer's retirement plan will do well. I'm not putting much stock into social security being able to keep me afloat when I retire. I'm also hoping that I enjoy my career to the point that I don't want to retire early, but would rather work (and keep making money) well into my 60s or 70s.

[NumsAmenniams]

I'm young (mid 20s) and I'll probably change my mind at some point, but I'm not sure I'd ever fully retire. I'm pretty sure I'd get bored quickly. In any case, I'm hoping that my 401k and employer's retirement plan will do well. I'm not putting much stock into social security being able to keep me afloat when I retire. I'm also hoping that I enjoy my career to the point that I don't want to retire early, but would rather work (and keep making money) well into my 60s or 70s.

Unless we plan ahead at an incredibly young age, I can guarantee this generation will work many years past the average retirement age of the most spoiled generation in our country's history (i.e. The Baby Boomers).

[flowersnewaho]

Unless we plan ahead at an incredibly young age, I can guarantee this generation will work many years past the average retirement age of the most spoiled generation in our country's history (i.e. The Baby Boomers).

It'll be even more difficult with how many people my age get contract or low-paying service industry jobs, at best, right out of school. I'm very thankful that I was able to pick up some contract work in my field of study for the first 1.5 years after graduation, but the contracting company offered no 401k company contributions, all "benefits" came directly out of my paycheck, and the pay wasn't the best. I needed pretty much every dime, and admittedly, didn't put anything into a 401k. I kind of wish I had, though. The earlier you start, the better off you'll be. FYI, I do contribute now, and get some admittedly very nice retirement benefits from my employer. I may not think I'll ever want to retire, but I'm planning that I will at some point. BTW, full-time employment beats contracting when you're young and inexperienced.

To answer the OP, 401k, and my employer's retirement program, which is an employee stock ownership plan. (Only family members of the founder and Associates of the company own shares of our company. I'm counting down the days until I'm officially a minority owner. )

[NumsAmenniams]

It'll be even more difficult with how many people my age get contract or low-paying service industry jobs, at best, right out of school. I'm very thankful that I was able to pick up some contract work in my field of study for the first 1.5 years after graduation, but the contracting company offered no 401k company contributions, all "benefits" came directly out of my paycheck, and the pay wasn't the best. I needed pretty much every dime, and admittedly, didn't put anything into a 401k. I kind of wish I had, though. The earlier you start, the better off you'll be. FYI, I do contribute now, and get some admittedly very nice retirement benefits from my employer. I may not think I'll ever want to retire, but I'm planning that I will at some point. BTW, full-time employment beats contracting when you're young and inexperienced.

To answer the OP, 401k, and my employer's retirement program, which is an employee stock ownership plan. (Only family members of the founder and Associates of the company own shares of our company. I'm counting down the days until I'm officially a minority owner. )

A large grocery chain my area called Publix offers similar employee stock ownership. It's one of the best around, and if you retire with the company you will essentially be set for life. They only hire and promote within the company as well. Sadly, there are few companies like this nowadays.

[megatrendsZ]

Good question, pretty much because I .. how do I say this, dont like being a person ( human ). Now dont get me wrong im not some emo-self cutting daypire. I dont want to die but I wont care if it happens. To me, I feel as if Ive seen everything this mundane planet has to offer and unless the human race focuses more on space travel there really isnt much going that I would consider exciting and worth living for.

Life on Earth is stagnant and unexciting, theres nothing new to see, at least from my vantage point. I often feel I was born in the wrong century or something. I always feel like a triangle trying to fit in a circle is how I would sum up my time on this planet. This is mainly why when someone passes I cant help but to feel a little jealous or envious even. Death and dying is something EVERY single living thing we know of has to do, its mandatory so why fear it ? From people who claimed to have been back from a NDE , they say it was utter bliss and that all your cares dissapear and you are in a total state of nirvana, that sounds wonderful to me. No more stress,no more bills, no more people judging you on what you have instead of who you are. Yes this sounds great,.

People tend to change their mind when they come face to face with their mortality. My wifes mother had a hard life, she ended up not caring about anyone, an alcoholic, not eating properly.....then she developed pancreatic cancer, and suddenly she realised she wanted to live. My Dad is going through something similar now, he's dying of lung cancer and he's always insisted he's not scared to die, since he had an NDE after drowning in his early twenties, he was under freezing water for 12mins and was revived. Now he's faced with his death he says he can't help but be scared by it, because he doesn't really know what's going to happen afterwards, even after having an NDE there is still that voice inside that tells you, this is it, it's the end, there is nothing more than this life. So make the most of it while you still can.

On topic:

I have various fingers in various pies, hopefully, the wife and i will have enough to see us through to the end.

[DoctorTOneery]

True, Iceman

[sesIgnose]

That calculator is a bit dodgy... Try this one instead, it'll scare you:

http://www.hl.co.uk/pensions/interac...ion-calculator

[heltduell]

That calculator is a bit dodgy... Try this one instead, it'll scare you:

http://www.hl.co.uk/pensions/interac...ion-calculator

Actually that shows me being slightly better off - and doesn't take into account fixed income from a rental property I have - I like how it shows results in today's money.

[whatisthebluepill]

I'll probably work until i'm about dead. All the nice final salary pension schemes seem to be gone. I have one with the company like where every contribution I make, it is doubled. Plus obviosuly tax releif on it as well. Not mind blowing, but better than nothing.

[Acciblyfluila]

I'll probably work until i'm about dead. All the nice final salary pension schemes seem to be gone. I have one with the company like where every contribution I make, it is doubled. Plus obviosuly tax releif on it as well. Not mind blowing, but better than nothing.

Me too, though out of choice most likely, who want's to sit at home or in a home.

[sesIgnose]

I'll probably work until i'm about dead. All the nice final salary pension schemes seem to be gone. I have one with the company like where every contribution I make, it is doubled. Plus obviosuly tax releif on it as well. Not mind blowing, but better than nothing.

My great company matches absolutely zilch.
Which is why I've opted out of their rubbish scheme and manage it myself, over a SIPP (Self Invested Pension Plan).

This, in combination with maxing out the stock&share ISA every year and a house for the family should be good enough I hope...

[heltduell]

My great company matches absolutely zilch.
Which is why I've opted out of their rubbish scheme and manage it myself, over a SIPP (Self Invested Pension Plan).

This, in combination with maxing out the stock&share ISA every year and a house for the family should be good enough I hope...

...what about those rolled-over commodities Options?

[sesIgnose]

...what about those rolled-over commodities Options?

shhhhhhhhhhhh!
Those are in my secret Swiss account!

[outsitWrord]

trust fund GG

[mobiphones]

this is my retirement plan


on a more serious note I plan to have my current home paid off by age 45. When I am ready to retire I plan on selling my current home and move into a city/state where housing/living costs/expenses are cheap and quality of life/care is good. North Carolina or maybe South Carolina. I still owe 201k on my current place but I have equity, it is worth 560k right now.

I also plan to get a job with the US government (Right now contractor for US Gov) as a govie. I would like to get the decent retirement benefits.

Also the house I plan to live in when I retire will be built custom, use geothermal heating/cooling, and solar power.

[heltduell]

trust fund GG