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| Subject: Re: Pearlstein on Panic Stage | Date: 1/16/2008 2:07 PM | |
| Author: ranshdow | Number: 22722 of 36935 | |
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I am more committed than ever to the principle of retiring with twice as much in assets as the cautious advice givers think necessary. There was a program on Oregon Public Broadcasting last night, a rerun Frontline special called "Can you afford to retire?" that was quite horrifying, even though I'd seen it before. One couple tried to retire on less than $150k in a 401(k)! One can watch it online at opb.org. Personally I'm very far from retirement but I've known for some time that I'm only saving 1/4th of what I'd need to have my current level of income in retirement. There's only so much one can do with a Roth IRA. |
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