Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: RetiredVermonter Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19378  
Subject: Re: Managing retirement savings? Date: 3/20/2013 7:03 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
t:

You and I don't always agree, but we do on this one! I would echo every single one of your statements!

As I have said many times, here and elsewhere, people need to study and learn how to manage their own money -- within and without their IRA's. I've managed my own IRA for 10 years+ now and have done pretty well. Rich? No way, but we do okay.

His $32,000/year pension sounds fabulous to me! We live mostly on our Social Security incomes, plus occasional withdrawals I make from my IRA when we need some extra, and a tiny pension I have that pays me just $350/month, which covers our Medigap insurance.

I just used TurboTax to file our state and federal taxes. We paid nothing and got no refund. A total wash, which isn't bad! (We've paid NO taxes for 4 years now.)

Vermonter
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
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.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement