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Subject:  Re: Retirement in danger Date:  10/26/2008  2:58 PM
Author:  vkg Number:  1305 of 1751

But the point is that the man saved $50k TOTAL. Not $50k a year, $50k for the rest of his life. I certainly hope the man plans on living more than 2 years.

He has an annual pension of $30,000. The amount he will receive from social security wasn't stated, but probably would be in the $20,000 range. The provides a $50,000 annual income without any use of savings.

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