Message Font: Serif | Sans-Serif
No. of Recommendations: 11
Hi Iman

After reading this entire thread, IMHO with $900,000 in liquid assets and $22K/yr in SSA benefits at 80 years of age, her financial position would be envied many folks in the USA. According to the SSA 2006 Actuarial Life Tables she has an estimated life expectancy of around 90+ years of age. It may be a bit higher today as new data is released. But in any case, I think most everyone reaches a point in their life when they think "I should be concerned about how to enjoy the money I have accumulated over the years ... rather than worry if I will outlive my savings."

I do know that on a personal basis there have been many times when I've said to myself .... darn I should bought this or that ... or done this or that when I could have really enjoyed it (and I am only 66 and not wealthy) ....

Life changes on a dime and then it just may be too late.

Just sayin'

Best Regards,

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.