Comments on: Worried About Running Out of Money in Retirement? http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/ personal finance tips, tricks, and commentary Sun, 22 Nov 2009 03:39:46 -0500 http://wordpress.org/?v=abc hourly 1 By: nickel http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/comment-page-1/#comment-126431 nickel Wed, 05 Nov 2008 18:35:52 +0000 http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/#comment-126431 Miss M: Reminds me of an episode of House where a patient was mis-diagnosed with a fatal condition. When they figured out that he wasn't going to die, he wanted to sue. "You didn't save my life, you ruined my death," was his reasoning. Miss M: Reminds me of an episode of House where a patient was mis-diagnosed with a fatal condition. When they figured out that he wasn’t going to die, he wanted to sue. “You didn’t save my life, you ruined my death,” was his reasoning.

]]> By: Miss m http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/comment-page-1/#comment-126430 Miss m Wed, 05 Nov 2008 18:29:23 +0000 http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/#comment-126430 Hilarious, that's the plan for some people I know. Due to family history they don't think they'll live much past 60, so who cares about retirement. Imagine being sorely disappointed that you lived longer than you expected, and now you don't have any money to live off of. Hilarious, that’s the plan for some people I know. Due to family history they don’t think they’ll live much past 60, so who cares about retirement. Imagine being sorely disappointed that you lived longer than you expected, and now you don’t have any money to live off of.

]]> By: Caleb Nelson http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/comment-page-1/#comment-126427 Caleb Nelson Wed, 05 Nov 2008 17:50:22 +0000 http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/#comment-126427 That Dalton comment was classic. I think that everyone should live as if retirement were right around the corner. If you position your mind to believe that you had to stop working tomorrow, you will develop patterns that lead to a better approach for retirement. Something to think about: Would you rather retire with $100,000 or retire making a consistent $4,000 a month every month? Caleb www.mefinanciallyfree.blogspot.com That Dalton comment was classic. I think that everyone should live as if retirement were right around the corner. If you position your mind to believe that you had to stop working tomorrow, you will develop patterns that lead to a better approach for retirement.

Something to think about:
Would you rather retire with $100,000 or retire making a consistent $4,000 a month every month?

Caleb
http://www.mefinanciallyfree.blogspot.com

]]> By: San Francisco Financial Planner http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/comment-page-1/#comment-126426 San Francisco Financial Planner Wed, 05 Nov 2008 17:48:22 +0000 http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/#comment-126426 There are many ways to deal with retirement. People are really starting to think about this due to the recent economy. I think having a good, solid plan is probably a better way to go about it versus 'simply living less', as darkly comic as that idea is... Getting a financial planner is a great place to start. Retirement is one area where it is important to have a strategic plan. The longer the timeframe until you need the cash, the less change you need to make to a well balanced portfolio. I find that many people panic and make changes they do not need to make. There are many ways to deal with retirement. People are really starting to think about this due to the recent economy. I think having a good, solid plan is probably a better way to go about it versus ’simply living less’, as darkly comic as that idea is… Getting a financial planner is a great place to start. Retirement is one area where it is important to have a strategic plan. The longer the timeframe until you need the cash, the less change you need to make to a well balanced portfolio. I find that many people panic and make changes they do not need to make.

]]> By: Andy @ Retire at 40 http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/comment-page-1/#comment-126416 Andy @ Retire at 40 Wed, 05 Nov 2008 09:31:40 +0000 http://www.fivecentnickel.com/2008/11/04/worried-about-not-having-enough-money-for-retirement/#comment-126416 I'm not worried yet but the closer I come to 'retire' I'm sure I'll be a little more worried. Ah well, the best I can do for now is plan and save more (and maybe earn a little more too). I’m not worried yet but the closer I come to ‘retire’ I’m sure I’ll be a little more worried. Ah well, the best I can do for now is plan and save more (and maybe earn a little more too).

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