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Personal Finance and Investing

steve2470

(37,468 posts)

9. excellent point

Reply to Sanity Claws (Reply #2)

Tue Apr 24, 2018, 02:59 AM

Apr 2018

This article, imho, is tone-deaf to most of us who struggle to save even 10% of our gross income. Our entire society gives us so many messages to spend, spend, spend and then of course there are the things you must spend money on, like housing, student debt, medical expenses, etc.

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How much should you have in savings at each age? [View all] steve2470 Apr 2018 OP

Without question standard of living is going down exboyfil Apr 2018 #1

This presumes that people have sufficient disposable income to save Sanity Claws Apr 2018 #2

Precisely Sherman A1 Apr 2018 #6

excellent point steve2470 Apr 2018 #9

That Story The River Apr 2018 #3

savings are sorta useless with interest rates of 0.0000000001% these days nt msongs Apr 2018 #4

Rates are going up. MarvinGardens Apr 2018 #7

Not bad, almost keeping up with inflation (on a before tax basis) n/t progree Apr 2018 #8

For the average person who makes less than 40,000 per year, shraby Apr 2018 #5

Savings before retirement RileyRicketson Aug 2018 #10

While we don't have a "host" in this group, nor is there a pinned post that directs conversation.... A HERETIC I AM Aug 2018 #11