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Investing/Strategies / Retirement Investing
|Subject: Re: Is the pension worth it?||Date: 8/14/2005 12:02 AM|
|Author: Matt1344||Number: 47215 of 76398|
"The question I posed to her, was whether her pension would pay her enough to justify staying in the teaching job for 5 more years, or if she could get out now, find a new higher paying job, and put money away from that at a better rate than her pension will ultimately pay her."
Can you assure this lady that the housing market will stay strong long enough, in spite off the bubble talk, already slowing sales in some parts of the country... What happens if she gives up this pension and the bottom falls out of housing for a number of years??? Sure hope that doesn't happen...
You might pose this question on the Mishedlo board, you should get some responses on both sides as there are housing bears and bulls posting...
For example: http://boards.fool.com/Message.asp?mid=22880142
"Inventories 'Quadruple' In Loudon County
As this report from Loudoun County reveals, the language is changing. "In a survey conducted by Leesburg Today in May, some local Realtors hinted at a possible softening in the Loudoun residential market. Most reported an across-the-board slowing, a build up of inventories and a shift in power from the seller-dominated market of the past few years back to the buyer.""
Regards, Ken ( Who thinks hard times are ahead, even in high priced housing... )
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