* * every now and then, whatever it is you're thinking comes out near perfect the first time. The following email to my Sweetheart this morning was one such occasion, had to share.
My email - 'Laughing my as-s off (but not so much really) - was eating my breakfast and going through articles of interest while doing so and came upon this article about retirement and building wealth. This is what I'm laughing about (copied this small paragraph);
Quote - "Say you're 40, have $200,000 saved, with 60% in stocks, and are putting away 10% of a $100,000 salary (including company match). You have a 52% chance of retiring with 70% of your pre-retirement income, according to T. Rowe Price." End quote.
At first read it was comical because much of this is so foreign to me - $200,000 saved by 40, (huuhhh??), 60% in stocks (just what the hell are THOSE?), $100,000 salary (whose friggin salary is $100,000?) and company match????? (WHAT COMPANY MATCHES YOUR RETIREMENT SAVINGS LIKE THAT?), 52% chance of retiring with 70% of pre-retirement income? What does all that mean?? Whhuuuuuuuutttttt??? Does T. Rowe Price have any grasp of the REALITY the majority of us live with? Whoever T. Rowe Price is he/she or they, might be talking about what, 4% of the whole freakin American population!! Well T. Rowe Price - how about REAL terms for REAL people?
"THE TRUTH ABOUT MAJORITY RETIREMENT 21st CENTURY STYLE"
For retireing persons not familiar with T. Rowe Price Standards and Guidelines, an open bed diesel will be parked outside of town bi-annually. The truck will be loaded with "Reality Retirement Bundles". Persons over the age of 65 not able to provide proof of a million dollar savings plan or impressive stock portfolio will automatically qualify for said Retirement Bundles. Each bundle contains one 10ft. by 10ft. tarp, and one pre-loaded hand gun (fine print reads - one bullet per gun only, poor dumb bastards, hope your aim is better than your ability to save and invest in stocks).
To reduce the work load of the minimum wage clean-up crew, please spread tarp under yourself before pulling trigger.
Thank you for playing "Majority Retirement, What Were Those Friggin Guidelines Again??".
GEEEZ-UM!!! $200,000 saved by age 40??!!??!! I'm friggin lucky if I've been able to save $2.00 in pocket change by the end of the month!
How are your "Hermit" skills Babe? Maybe we should invest in target practice??!! Hmmm, wonder if there are stocks for that?'
My email - 'Laughing my as-s off (but not so much really) - was eating my breakfast and going through articles of interest while doing so and came upon this article about retirement and building wealth. This is what I'm laughing about (copied this small paragraph);
Quote - "Say you're 40, have $200,000 saved, with 60% in stocks, and are putting away 10% of a $100,000 salary (including company match). You have a 52% chance of retiring with 70% of your pre-retirement income, according to T. Rowe Price." End quote.
At first read it was comical because much of this is so foreign to me - $200,000 saved by 40, (huuhhh??), 60% in stocks (just what the hell are THOSE?), $100,000 salary (whose friggin salary is $100,000?) and company match????? (WHAT COMPANY MATCHES YOUR RETIREMENT SAVINGS LIKE THAT?), 52% chance of retiring with 70% of pre-retirement income? What does all that mean?? Whhuuuuuuuutttttt??? Does T. Rowe Price have any grasp of the REALITY the majority of us live with? Whoever T. Rowe Price is he/she or they, might be talking about what, 4% of the whole freakin American population!! Well T. Rowe Price - how about REAL terms for REAL people?
"THE TRUTH ABOUT MAJORITY RETIREMENT 21st CENTURY STYLE"
For retireing persons not familiar with T. Rowe Price Standards and Guidelines, an open bed diesel will be parked outside of town bi-annually. The truck will be loaded with "Reality Retirement Bundles". Persons over the age of 65 not able to provide proof of a million dollar savings plan or impressive stock portfolio will automatically qualify for said Retirement Bundles. Each bundle contains one 10ft. by 10ft. tarp, and one pre-loaded hand gun (fine print reads - one bullet per gun only, poor dumb bastards, hope your aim is better than your ability to save and invest in stocks).
To reduce the work load of the minimum wage clean-up crew, please spread tarp under yourself before pulling trigger.
Thank you for playing "Majority Retirement, What Were Those Friggin Guidelines Again??".
GEEEZ-UM!!! $200,000 saved by age 40??!!??!! I'm friggin lucky if I've been able to save $2.00 in pocket change by the end of the month!
How are your "Hermit" skills Babe? Maybe we should invest in target practice??!! Hmmm, wonder if there are stocks for that?'