http://www.lifeofaninvestor.com/stock-investing/is-10-enough-for-retirement/ My journey through stock, real estate and life investing Thu, 02 Sep 2010 20:29:40 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.lifeofaninvestor.com/stock-investing/is-10-enough-for-retirement/comment-page-1/#comment-1218 Richard Sumpter Sat, 16 Jan 2010 02:40:21 +0000 http://www.lifeofaninvestor.com/?p=371#comment-1218 All is probably true. However, keep at the foundation of your beliefs "God will provide all that I NEED". I may not need to eat, I may not need to live. But....whatever I do need...He will see to it that I get it. Having said that...a half million dollars would be a good base for trying to figure out how to live, even in an inflated economy....much better than having nothing to show for all the years of labor. I applaud you for caring enough to do these calculations and for taking an ealier interest in your future. At the ripe age of 58, I wish I had been a bit more frugal in my early days of marriage, so that I would enjoy the last half better. You still have a chance to take that step. My financial advisor cautions me to find a balance....don't spend your life as a miser, but be responsible too. Figure out what you should do...and do it with all your might. All is probably true. However, keep at the foundation of your beliefs “God will provide all that I NEED”. I may not need to eat, I may not need to live. But….whatever I do need…He will see to it that I get it. Having said that…a half million dollars would be a good base for trying to figure out how to live, even in an inflated economy….much better than having nothing to show for all the years of labor. I applaud you for caring enough to do these calculations and for taking an ealier interest in your future. At the ripe age of 58, I wish I had been a bit more frugal in my early days of marriage, so that I would enjoy the last half better. You still have a chance to take that step. My financial advisor cautions me to find a balance….don’t spend your life as a miser, but be responsible too. Figure out what you should do…and do it with all your might.

]]> http://www.lifeofaninvestor.com/stock-investing/is-10-enough-for-retirement/comment-page-1/#comment-1217 Chris Sumpter Fri, 15 Jan 2010 06:01:13 +0000 http://www.lifeofaninvestor.com/?p=371#comment-1217 I'm saving 15% of my somewhat meager salary, and our organization is putting probably another 15% into a retirement fund. If returns don't significantly improve before my retirement, there may not be much to live on, in which case I'll hope my little brother's real estate plan panned out. I’m saving 15% of my somewhat meager salary, and our organization is putting probably another 15% into a retirement fund. If returns don’t significantly improve before my retirement, there may not be much to live on, in which case I’ll hope my little brother’s real estate plan panned out.

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