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Subject: Re: Parents Nearing Retirement | Date: 8/30/2006 1:53 PM | |
Author: SeattlePioneer | Number: 966 of 1935 | |
<<Every person who has a job in this country can afford to save something. I don't care if they are living on minimum wage, they can still afford to save something. All they have to do is make choices not to spend. I'm speaking from experience. I never had a high-paying job but retired comfortably at age 50. I have no financial worries and probably won't for the rest of my life. Basically this was done through a consistent and absolute budget that required that I pay myself first. I'm somewhat of an example of the folks you can read about in "The Millionaire Next Door," although I never owned my own company nor had a high income. >> You should fit in right well on this board, Glenn. As a way of recognizing the virtues you describe above, I'm pleased to be able to appoint you a Seattle Pioneer "Favorite Fool," and to be the first person to recognize you as a Favorite Fool as well. Seattle Pioneer |
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