|
Saw nbc last night too. Really a shame so many people have so little, and so little to look forward too during retirement. There is more to consider here though as well. What did people do with thier earnings during thier careers. Many people have tendencies toward unwise spending patterns; borrowing to go on vacations they can't afford, lottery, Foxwoods, and so on. Unfortunately many people in the 36% bracket just never earn much money. I would be broke if it wasn' for my wife. Corvette here, corvette there, here a corvette, there a corvette, well you know the rest. I did leave out the boat purchases.
|