Comments on: REVIEW: America, Welcome to the Poorhouse (Jane White) http://www.fiscalfizzle.com/2009/12/america-poorhouse-jane-white/ Spicy Thoughts on Personal Finance Wed, 08 Feb 2012 15:33:16 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Financial Samuraihttp://www.fiscalfizzle.com/2009/12/america-poorhouse-jane-white/#comment-819 Financial Samurai Mon, 14 Dec 2009 04:23:30 +0000 http://www.fiscalfizzle.com/?p=2779#comment-819 Wojo - Got my review too. A very different view of your review. Lots of comments and debate if you want to check it out! .-= Financial Samurai´s last post: <a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/ZiDJJeyQaCA/" rel="nofollow">Book Review & Giveaway: “America, Welcome To The Poorhouse”</a> =-. Wojo – Got my review too. A very different view of your review. Lots of comments and debate if you want to check it out!
.-= Financial Samurai´s last post: Book Review & Giveaway: “America, Welcome To The Poorhouse” =-.

]]> By: Kevin@OutOfYourRuthttp://www.fiscalfizzle.com/2009/12/america-poorhouse-jane-white/#comment-818 Kevin@OutOfYourRut Mon, 07 Dec 2009 19:01:41 +0000 http://www.fiscalfizzle.com/?p=2779#comment-818 This sounds like a recommended read for most people! If you sit down and calculate what it will cost to retire, factoring in inflation and especially medical inflation, it will take millions for most people to be able to enjoy a traditional retirement (no work, total leisure and even a modest compliment of luxury like overseas travel). I think if most people could do this, if projecting inflation is even possible, probably the majority would be stunned to find that they won't be prepared even though they're saving religiously. Plus we can't even know what the future of social security and medicare will be, or what effect inflation will have on retirement savings after retirement. With people living 20-30 years past 65 this can't be ignored. For most people, post retirement career planning should be part of the mix. .-= Kevin@OutOfYourRut´s last post: <a href="http://outofyourrut.com/blog/2009/12/07/seek-fulfillment-beyond-your-work/" rel="nofollow">Seek Fulfillment Beyond Your Work</a> =-. This sounds like a recommended read for most people! If you sit down and calculate what it will cost to retire, factoring in inflation and especially medical inflation, it will take millions for most people to be able to enjoy a traditional retirement (no work, total leisure and even a modest compliment of luxury like overseas travel).

I think if most people could do this, if projecting inflation is even possible, probably the majority would be stunned to find that they won’t be prepared even though they’re saving religiously. Plus we can’t even know what the future of social security and medicare will be, or what effect inflation will have on retirement savings after retirement. With people living 20-30 years past 65 this can’t be ignored.

For most people, post retirement career planning should be part of the mix.
.-= Kevin@OutOfYourRut´s last post: Seek Fulfillment Beyond Your Work =-.

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