Quote:
I plan on retiring using 100% of my own money. I'm not counting on a government to help me at all, considering how quickly and Social Security was derailed by a stupid administration. I'll probably have to retire at 70, depending on my health (the healthier I am, the longer I have to work). I'll likely live into my late 80s, which means 15 years of change. That means about $4m in the bank and maybe $1.5m in investments (adjusting for projected inflation).
|
Soo... every administration since FDR counts as one?
As for me I'm putting away 10%, with a matching 5% into my 401k. I don't think I'll have too much of a problem... Social Security will be nothing more than cake icing barring any economic collapse.