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1/18/2016 9:15:11 AMPeople too fixated on the "financial security" of a potential match 

ol39er
Over 4,000 Posts! (5,513)
Cicero, IL
45, joined Jul. 2011


1. are looking to be supported themselves.
2. are golddiggers looking for a victim.
3. are class-conscious snobs.
4. are seeking compatibility in all areas, including financially.
5. have had bad experiences in the past with deadbeats.
6. don't want to embarrass themselves with a lower-class person.


Here is a poll designed to see why you feel some people are sticklers for "financial security" in the people they date. Please feel free to explain your choice. If you feel this poll is not worthy of your precious time, don't waste it by posting.




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1/18/2016 9:20:17 AMPeople too fixated on the "financial security" of a potential match 
idliketotalk
Over 10,000 Posts!!! (13,105)
Punxsutawney, PA
54, joined Oct. 2013


Or perhaps just being practical.

Wouldn't #3 and #6 be the same thing?

I do know some who fit with number 3 so I'll go with that.

1/18/2016 9:21:39 AMPeople too fixated on the "financial security" of a potential match 

calthropstu
Over 10,000 Posts!!! (11,438)
Phoenix, AZ
37, joined Aug. 2012


All of those and more.
There are men and women of all types.

1/18/2016 9:22:20 AMPeople too fixated on the "financial security" of a potential match 

helmholtzwatson
Over 4,000 Posts! (5,604)
Raleigh, NC
52, joined Jun. 2014


#4, kind of...not super-important to me.


I have noticed that "un-secure" folks tend to be pretty stressed & probably aren't much fun to date.

1/18/2016 9:24:24 AMPeople too fixated on the "financial security" of a potential match 

ol39er
Over 4,000 Posts! (5,513)
Cicero, IL
45, joined Jul. 2011


#1. They may use other reasons, but deep down, I suspect it's number 1.

1/18/2016 9:24:50 AMPeople too fixated on the "financial security" of a potential match 

bumblebee7
Over 10,000 Posts!!! (71,662)
Fort Payne, AL
62, joined Apr. 2011
online now!


It can be any one of those things you listed.

What people should be concerned with are if the feelings are real and if you get along and have what it takes to make a real go of things.

but, its mostly women concerned about money and things not associated with real feelings.

1/18/2016 9:25:46 AMPeople too fixated on the "financial security" of a potential match 

ol39er
Over 4,000 Posts! (5,513)
Cicero, IL
45, joined Jul. 2011


Quote from idliketotalk:
Or perhaps just being practical.

Wouldn't #3 and #6 be the same thing?

I do know some who fit with number 3 so I'll go with that.


Not exactly. The people referenced to in #6 may not care themselves about a person's class, but worry excessively about the opinions of friends and family who are probably class-conscious snobs.

1/18/2016 9:26:36 AMPeople too fixated on the "financial security" of a potential match 
inknpink
Over 10,000 Posts!!! (15,649)
Castle Rock, CO
32, joined Feb. 2015


Mine would be 4. Financial security is important to me, I save and safe gaurd my credit rating. I couldn't date someone that was too frivolous with money, it would be a clash. If its not a deal, on sale, or have a coupon good luck getting me to buy it.

1/18/2016 9:26:48 AMPeople too fixated on the "financial security" of a potential match 
ohdannyboy59
Over 10,000 Posts!!! (22,269)
Arlington, TX
97, joined Sep. 2012


There's a range of reasons for it. I tend to avoid class conscious types. They're for the most part posers, trying to impress not with who they are but with what they have. The priority is the lifestyle. Your worth to them is what's in your wallet. Period.

Financial responsibility is my priority. Whether you make $25K a year or $250K a year, if you spend twice that much and are buried under a mountain of debt, I'll pass.

1/18/2016 9:30:31 AMPeople too fixated on the "financial security" of a potential match 

fishnthec
Over 10,000 Posts!!! (26,092)
Mesquite, TX
65, joined Oct. 2010


I'm not looking towards supporting a woman ever again, and I know they aren't looking to supporting a man.

So we are all good!

1/18/2016 9:32:18 AMPeople too fixated on the "financial security" of a potential match 
soulflight
Over 7,500 Posts!! (9,547)
Baltimore, MD
55, joined Apr. 2014


Any of the above or none of the above. Whatever their motivation, why would it matter to anyone else?

Why is desiring financial security/responsibility so often treated like a bad thing. It's not like it means being wealthy...I know financial irresponsibility is a turn off but financial security can actually vary by circumstance.

OP, I just don't get your fascination with judging people based on these sweeping statements.

1/18/2016 9:35:16 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


I'd be looking for a compatibility factor myself. Looking for someone who has the discipline in their life to sacrifice for the long term (house paid for, credit cards paid off monthly, savings, etc.) rather than someone who lives their life from paycheck to paycheck, paying rent to a landlord, creditors dunning them, always having to have the newest "thing" whether it is shoes, clothes, vehicles, etc. and damn the consequences.

This would also assume a higher degree of intelligence by such behavior.

1/18/2016 9:36:15 AMPeople too fixated on the "financial security" of a potential match 
idliketotalk
Over 10,000 Posts!!! (13,105)
Punxsutawney, PA
54, joined Oct. 2013


#4 does seem the most practical to me of the options given.

#1 and #2 seem pretty much the same.

1/18/2016 9:36:24 AMPeople too fixated on the "financial security" of a potential match 

ol39er
Over 4,000 Posts! (5,513)
Cicero, IL
45, joined Jul. 2011


Quote from soulflight:
Any of the above or none of the above. Whatever their motivation, why would it matter to anyone else?

Why is desiring financial security/responsibility so often treated like a bad thing. It's not like it means being wealthy...I know financial irresponsibility is a turn off but financial security can actually vary by circumstance.

OP, I just don't get your fascination with judging people based on these sweeping statements.


I'm not judging people or making sweeping statements. I'm merely questioning ideas, mindsets, trends, etc. within the dating world. After all this is a dating discussion forum, is it not?

1/18/2016 9:38:39 AMPeople too fixated on the "financial security" of a potential match 

pdforone
Over 10,000 Posts!!! (27,213)
Litchfield, OH
65, joined Jul. 2010


A marriage should be a like a business partnership? Do you really want a partner that does not contribute much to the overall goal? yet expects to reap full benefits of your efforts?

1/18/2016 9:39:03 AMPeople too fixated on the "financial security" of a potential match 

ol39er
Over 4,000 Posts! (5,513)
Cicero, IL
45, joined Jul. 2011


Quote from idliketotalk:
#4 does seem the most practical to me of the options given.

#1 and #2 seem pretty much the same.


Not necessarily. People looking to be supported want their needs to be met. A golddigger wants more than that, and would possibly take his or her victim to the cleaners.

1/18/2016 9:42:32 AMPeople too fixated on the "financial security" of a potential match 
inknpink
Over 10,000 Posts!!! (15,649)
Castle Rock, CO
32, joined Feb. 2015


Quote from stl1:
I'd be looking for a compatibility factor myself. Looking for someone who has the discipline in their life to sacrifice for the long term (house paid for, credit cards paid off monthly, savings, etc.) rather than someone who lives their life from paycheck to paycheck, paying rent to a landlord, creditors dunning them, always having to have the newest "thing" whether it is shoes, clothes, vehicles, etc. and damn the consequences.

This would also assume a higher degree of intelligence by such behavior.


Indeed!!

Thinking about the future is very important. My situation now, if I wasn't a planner I'd be in financial trouble. I also read, that if one doesn't start planning for retirement at age 24, there is a high probability they will live at or below poverty line in retirement. I'm going to do everything necessary to not burden my child with my debt.

1/18/2016 9:46:34 AMPeople too fixated on the "financial security" of a potential match 

playingindirt
Over 10,000 Posts!!! (16,410)
Eugene, OR
61, joined Mar. 2014


I live on a modest income. I'm not unhappy and I feel very fortunate to have what I do have.
if you're looking for someone to keep a spoiled life style going move along.

I'm just looking for someone that I get along with long term.

1/18/2016 9:46:38 AMPeople too fixated on the "financial security" of a potential match 
soulflight
Over 7,500 Posts!! (9,547)
Baltimore, MD
55, joined Apr. 2014


Your op is asking people to evaluate why other people do what they do. That's an entirely different premise than simply asking people how important is and for what reason they value "financial security".

What you are doing, as you generally do with all of your threads, is attempting to pigeon-hole people into categories. I just don't understand your fascination with that. Let people be who they are and speak for themselves.



[Edited 1/18/2016 9:48:32 AM ]

1/18/2016 9:53:00 AMPeople too fixated on the "financial security" of a potential match 
kungfu_candy
Over 4,000 Posts! (4,898)
Alsónémedi
Hungary
28, joined Aug. 2013


Why work hard for to qualify for higher quality but then just settle for cheap?

1/18/2016 9:57:00 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


Other people's thoughts don't concern me unless it's the one im actually dating.

They won't be handling my money and I couldn't care less how they handle theirs.

Some people don't give a shit about money. I am one of those people. .so I certainly wouldn't let it have any bearing on the success of a relationship.

1/18/2016 10:03:07 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


By the way...to gauge someone's "intelligence" by how many zero's are in their bank account is absurd

1/18/2016 10:04:09 AMPeople too fixated on the "financial security" of a potential match 

patriottype
Over 10,000 Posts!!! (20,393)
Grand Prairie, TX
46, joined Jul. 2013


Money matters grown people know this.......Grown women with good judgement are disgusted with bums...and working men with good judgement keep lazy women at a distance.

1/18/2016 10:06:38 AMPeople too fixated on the "financial security" of a potential match 

bumblebee7
Over 10,000 Posts!!! (71,662)
Fort Payne, AL
62, joined Apr. 2011
online now!


Lets keep in mind....that in this thread the op stated...


"""" People too fixated on the "financial security" of a potential match""""


Keys words here...." Too fixated""""

Key word: TOO


He didn't say, they see this as important too.

He stated....TOO fixated.

there is a huge difference.



[Edited 1/18/2016 10:07:50 AM ]

1/18/2016 10:08:26 AMPeople too fixated on the "financial security" of a potential match 
kungfu_candy
Over 4,000 Posts! (4,898)
Alsónémedi
Hungary
28, joined Aug. 2013


Well everyone has something their fixated on. People like to focus on the problem areas.

If they're financially compatible then there's no sex. If there's enough sex then there's no chemistry. If there's chemistry then there's no financially compatibility. Cycle of wanting problems.

1/18/2016 10:08:43 AMPeople too fixated on the "financial security" of a potential match 

playingindirt
Over 10,000 Posts!!! (16,410)
Eugene, OR
61, joined Mar. 2014


Quote from ibane:


Some people don't give a shit about money. I am one of those people. .so I certainly wouldn't let it have any bearing on the success of a relationship.


I'm like you in that respect.
I'm more cautious of someone that's never had to struggle or that have been spoiled.
I've got family like that so I'm very familiar with the mentality some of them have.

1/18/2016 10:12:21 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


Quote from inknpink:
Indeed!!

Thinking about the future is very important. My situation now, if I wasn't a planner I'd be in financial trouble. I also read, that if one doesn't start planning for retirement at age 24, there is a high probability they will live at or below poverty line in retirement. I'm going to do everything necessary to not burden my child with my debt.



Pink-

Having paid off your home in retirement will be a very big deal. You will then at least have money for groceries and other necessities.

Not having paid off your home and having your entire social security check going to a landlord or a mortgage is an even bigger deal. Think Wal-Mart greeter in your 70's.

You are on the right track, darlin'!



1/18/2016 10:15:23 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


Quote from ibane:
By the way...to gauge someone's "intelligence" by how many zero's are in their bank account is absurd



Tell me that in 20 years and I think you'll be singing a different tune. Think "living in a van down by the river".

1/18/2016 10:19:57 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


Quote from stl1:
Tell me that in 20 years and I think you'll be singing a different tune. Think "living in a van down by the river".


Nah.
That's what a retirement plan is for.

I do like the new full size conversion vans though

1/18/2016 10:22:47 AMPeople too fixated on the "financial security" of a potential match 
kungfu_candy
Over 4,000 Posts! (4,898)
Alsónémedi
Hungary
28, joined Aug. 2013


Well the truly smart ones are the ones who know how to make a damn good nitch for themselves.

I know a guy who is way ahead of the game. He's way too good for me.

He was a kind friend until he got pissed at me because I don't smoke weed or drink much liquor.

1/18/2016 10:24:07 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


Quote from playingindirt:
I'm like you in that respect.
I'm more cautious of someone that's never had to struggle or that have been spoiled.
I've got family like that so I'm very familiar with the mentality some of them have.



I caught my ex cheating when my kids were 3, 4 and 5 and I had to pay child support until they were all 18 to 21 years of age. I did HVAC work and worked 60 hour weeks in 100 degree temperatures. I had my kids every weekend while having to be "on call" having to call my parents in more than once to babysit while I had to go fix someone's broken furnace with their rarely cleaned cat litter box located right next to their furnace.

Through this all I have managed to pay off my mortgage, add an addition to my home and actually save a little money.

I earned what I have.

1/18/2016 10:27:27 AMPeople too fixated on the "financial security" of a potential match 
soulflight
Over 7,500 Posts!! (9,547)
Baltimore, MD
55, joined Apr. 2014


Quote from bumblebee7:
Lets keep in mind....that in this thread the op stated...


"""" People too fixated on the "financial security" of a potential match""""


Keys words here...." Too fixated""""

Key word: TOO


He didn't say, they see this as important too.

He stated....TOO fixated.

there is a huge difference.


really? how much difference exactly? considering what one person might consider " too much", another will consider "just right" or "not enough".

so how much is TOO much emphasis?

I don't care what other peoples motivations are. I just care that my partner and I have similar views on responsibility.

1/18/2016 10:27:39 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


Im sure we all earned what we have.
Otherwise. .it would be stealing.

Working 60 hrs a week isn't as smart as working 40 hrs a week

1/18/2016 10:28:55 AMPeople too fixated on the "financial security" of a potential match 
grande_mamon
Over 10,000 Posts!!! (23,209)
Houston, TX
49, joined Sep. 2014


Quote from ibane:


Working 60 hrs a week isn't as smart as working 40 hrs a week


So true, and I only work 2hrs a week which makes me a f**king genius.

1/18/2016 10:29:03 AMPeople too fixated on the "financial security" of a potential match 
inknpink
Over 10,000 Posts!!! (15,649)
Castle Rock, CO
32, joined Feb. 2015


I hope, Stl. My house will be paid off when I'm 50. Depending on my relationship situation, I'll then down size sell my house at a profit, save and invest that. I could sell now for a hefty profit. I bought way under market value and right now its a sellers market.

I'm allergic to broke Been there, done that and I'm not a fan.



1/18/2016 10:34:36 AMPeople too fixated on the "financial security" of a potential match 

txrose64
Over 10,000 Posts!!! (30,691)
Pearland, TX
53, joined Jan. 2013


#4, equally yoked, I worked my a** off to be with no debt and live comfortably and I wanted the same in a partner..that's NOT wrong.(for me at least)

1/18/2016 10:35:35 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


Quote from grande_mamon:
So true, and I only work 2hrs a week which makes me a f**king genius.




I now work zero hours a week.

What does that make me?

(Damn, am I leaving myself open with this one!)

1/18/2016 10:38:20 AMPeople too fixated on the "financial security" of a potential match 

fishnthec
Over 10,000 Posts!!! (26,092)
Mesquite, TX
65, joined Oct. 2010


I discovered that living in a mansion on the hill was not what I really needed.

I discovered that 100K annual was never enough back then. At one time, I had everything I could possibly want and more, and it did not make me happy.

All that did was attract the wrong kind of women to me, and that never made me happy in the end.

Thank God, I don't have any of that anymore!

I've never felt this kind of freedom and I've never felt any more fortunate than I do right now!

I'm just an ordinary guy now, and I'm glad that I had a change in direction.

1/18/2016 10:40:16 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


I'm not claiming to be rich.

Financially stable is nice though at this point in my life.

It would be wonderful to meet the same.



[Edited 1/18/2016 10:41:44 AM ]

1/18/2016 10:41:28 AMPeople too fixated on the "financial security" of a potential match 
kungfu_candy
Over 4,000 Posts! (4,898)
Alsónémedi
Hungary
28, joined Aug. 2013


I want money so I can live comfortably in solitude and be able to afford shit when I decide to leave my fancy hovel an walk amongst people.



Money makes me content. I'm grateful to be content.

1/18/2016 10:42:05 AMPeople too fixated on the "financial security" of a potential match 
grande_mamon
Over 10,000 Posts!!! (23,209)
Houston, TX
49, joined Sep. 2014


I now work zero hours a week.

What does that make me?

(Damn, am I leaving myself open with this one!)


Sugar daddy material.

1/18/2016 10:42:56 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


Hoosier Daddy?

1/18/2016 10:44:05 AMPeople too fixated on the "financial security" of a potential match 

txrose64
Over 10,000 Posts!!! (30,691)
Pearland, TX
53, joined Jan. 2013


"too fixated" sure if that's ALL they're about

but the reality of it is when two come together you're in theory supposed to be better off, enriched having that person in your life..not brought down.

1/18/2016 10:50:17 AMPeople too fixated on the "financial security" of a potential match 

pdforone
Over 10,000 Posts!!! (27,213)
Litchfield, OH
65, joined Jul. 2010


Quote from ibane:
Im sure we all earned what we have.
Otherwise. .it would be stealing.

Working 60 hrs a week isn't as smart as working 40 hrs a week



Your Social Security income is going to be based on working years and income during them.

When you work overtime and get paid time and a half for it? You and the company paying into it for you are paying in 1 1/2 times the normal amount for the overtime hours.

20x6.2% v 30x6.2% You contribute more? You get more?

1/18/2016 10:50:28 AMPeople too fixated on the "financial security" of a potential match 

stl1
Over 10,000 Posts!!! (20,376)
Saint Louis, MO
63, joined Jun. 2007


Bingo! (To Rose)

Possible 'chatting' detected. You have already posted in this thread recently. Please wait for some other people to reply before posting in this thread again, or wait like an hour or so, whichever comes first. Sorry for the inconvenience.



[Edited 1/18/2016 10:50:48 AM ]

1/18/2016 10:51:54 AMPeople too fixated on the "financial security" of a potential match 
inknpink
Over 10,000 Posts!!! (15,649)
Castle Rock, CO
32, joined Feb. 2015


People think I'm too fixated, compared to most I admit I am. I don't need the latest and greatest phone, TV etc, or a new car every few years. I'll drive my 05 till it blows up . I have no loyalty when it comes to insurance and things like that. Either work with me or I'll switch.

1/18/2016 10:54:19 AMPeople too fixated on the "financial security" of a potential match 

fishnthec
Over 10,000 Posts!!! (26,092)
Mesquite, TX
65, joined Oct. 2010


Quote from txrose64:
"too fixated" sure if that's ALL they're about

but the reality of it is when two come together you're in theory supposed to be better off, enriched having that person in your life..not brought down.


Yes, maybe so! But, if you find yourself with someone trying to keep up with the Kardashians, I'm not so sure that's bringing yourself up. It wasn't for me, I found it was only bringing myself down!

I just try to keep up with the Real McCoys now, and I'm happy!



[Edited 1/18/2016 10:54:52 AM ]

1/18/2016 10:56:17 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


Quote from pdforone:
Your Social Security income is going to be based on working years and income during them.

When you work overtime and get paid time and a half for it? You and the company paying into it for you are paying in 1 1/2 times the normal amount for the overtime hours.

20x6.2% v 30x6.2% You contribute more? You get more?



I work a reasonable amount of overtime..but only when I want to.
Usually when something is comin up...like a vegas trip in March

Social security is not a retirement plan

1/18/2016 11:03:35 AMPeople too fixated on the "financial security" of a potential match 

fishnthec
Over 10,000 Posts!!! (26,092)
Mesquite, TX
65, joined Oct. 2010


Quote from ibane:

Social security is not a retirement plan


No, I'll assure you it's not enough.

And, for me, the stock market and 401k proved to be not the way to go either since I lost most of it overnight in the week following 9/11.

Thank my lucky stars, I made some rather unorthodox investments that now insure my survival to add to my SS! I'm good!

1/18/2016 11:06:57 AMPeople too fixated on the "financial security" of a potential match 
inknpink
Over 10,000 Posts!!! (15,649)
Castle Rock, CO
32, joined Feb. 2015


SS isn't a plan. That thing they send periodically says at retirement age I'll get 2400 a month. If I become disabled before that it drops a lot. I could live on that, but don't want to. Working my whole life I'd like to enjoy retirement a little.

401k and investments

1/18/2016 11:08:03 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


I probly won't be a millionaire when I retire..but i'll be just fine.

But i'll be damned if I buy hamburger today if I want a fkn steak ..just so I can throw another cpl dollars in the piggy bank.

1/18/2016 11:08:25 AMPeople too fixated on the "financial security" of a potential match 
grande_mamon
Over 10,000 Posts!!! (23,209)
Houston, TX
49, joined Sep. 2014


SS isn't a plan. That thing they send periodically says at retirement age I'll get 2400 a month.

and bear in mind in 40yrs $2400 will only buy you a loaf of bread.

1/18/2016 11:08:58 AMPeople too fixated on the "financial security" of a potential match 
grande_mamon
Over 10,000 Posts!!! (23,209)
Houston, TX
49, joined Sep. 2014


My retirement plan is a Glock 17.

1/18/2016 11:09:58 AMPeople too fixated on the "financial security" of a potential match 

pdforone
Over 10,000 Posts!!! (27,213)
Litchfield, OH
65, joined Jul. 2010


Quote from ibane:
I work a reasonable amount of overtime..but only when I want to.
Usually when something is comin up...like a vegas trip in March

Social security is not a retirement plan



Agreed, but look at the last recession? One of the first things most companies seemed to cut was matching 401k contributions?

What happens if you go to retire and the stock in your 401k program crashes? Your income from it does also?

It's a hedge against poor planning?

1/18/2016 11:10:17 AMPeople too fixated on the "financial security" of a potential match 

twining
Over 10,000 Posts!!! (10,998)
Anderson, SC
25, joined Jun. 2014


#5. Not every person looking for a non poor person is a gold digging ho

1/18/2016 11:10:58 AMPeople too fixated on the "financial security" of a potential match 
inknpink
Over 10,000 Posts!!! (15,649)
Castle Rock, CO
32, joined Feb. 2015


Very true Grande lol.

1/18/2016 11:12:01 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


Quote from grande_mamon:
My retirement plan is a Glock 17.





1/18/2016 11:17:57 AMPeople too fixated on the "financial security" of a potential match 

pdforone
Over 10,000 Posts!!! (27,213)
Litchfield, OH
65, joined Jul. 2010


Quote from inknpink:
SS isn't a plan. That thing they send periodically says at retirement age I'll get 2400 a month. If I become disabled before that it drops a lot. I could live on that, but don't want to. Working my whole life I'd like to enjoy retirement a little.

401k and investments


With the scarcity of defined benefit pension plans? Yes!


http://money.cnn.com/2016/01/18/investing/oil-crash-wall-street-banks-jpmorgan/index.html?iid=hp-toplead-dom

Now what might that do to people's 401k plans that are planning on retiring soon?

1/18/2016 11:18:29 AMPeople too fixated on the "financial security" of a potential match 

fishnthec
Over 10,000 Posts!!! (26,092)
Mesquite, TX
65, joined Oct. 2010


As I am certainly not a model to follow, I have learned a few things the hard way.

I feel confident in giving younger people a couple of tips.

Don't put all your eggs in one basket. Don't depend on anyone other than yourself. and try to build on something that will come back to you in the form of unlimited residual income.

And there are many ways to do that!

1/18/2016 11:24:12 AMPeople too fixated on the "financial security" of a potential match 

ibane
Over 10,000 Posts!!! (12,210)
Zanesville, OH
46, joined Feb. 2014


Quote from pdforone:
With the scarcity of defined benefit pension plans? Yes!


http://money.cnn.com/2016/01/18/investing/oil-crash-wall-street-banks-jpmorgan/index.html?iid=hp-toplead-dom

Now what might that do to people's 401k plans that are planning on retiring soon?



Ours is defined benefit retirement
Nonetheless. .they gamble with the money .

I believe the law recently stated it must be 90% funded..we were at 110% as of the last contract negotiations.

Some greaseball shit