http://www.mightybargainhunter.com/2006/04/17/a-banquet-of-pennies/ Helping readers to use bargains wisely since 2005 Sun, 12 Feb 2012 16:24:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.mightybargainhunter.com/2006/04/17/a-banquet-of-pennies/comment-page-1/#comment-1267 Bellen Mon, 17 Apr 2006 23:31:11 +0000 http://www.mightybargainhunter.com/2006/04/17/a-banquet-of-pennies/#comment-1267 As an almost retiree I can attest to the fact that counting on SS is not a good idea. On CNN recently there was posted (for about 1 second so I'm amazed I caught it) where to get your retirement from - 55% from personal (savings, investments, you get the drift), 24% from SS and 21% from your employer. With many of the larger companies doing away with retirements, & SS not looking like a good idea as soon as you can - like Kassy from your first job - start saving/investing. With gas prices being high, taxes increasing, home prices going up, I'm just glad we've always been frugal. Live below your means and with savings/investing you'll be okay. Oh yes, be sure your significant other is 100% with you on this. As an almost retiree I can attest to the fact that counting on SS is not a good idea. On CNN recently there was posted (for about 1 second so I’m amazed I caught it) where to get your retirement from – 55% from personal (savings, investments, you get the drift), 24% from SS and 21% from your employer. With many of the larger companies doing away with retirements, & SS not looking like a good idea as soon as you can – like Kassy from your first job – start saving/investing. With gas prices being high, taxes increasing, home prices going up, I’m just glad we’ve always been frugal. Live below your means and with savings/investing you’ll be okay. Oh yes, be sure your significant other is 100% with you on this.

]]> http://www.mightybargainhunter.com/2006/04/17/a-banquet-of-pennies/comment-page-1/#comment-1265 Kassy Mon, 17 Apr 2006 21:12:39 +0000 http://www.mightybargainhunter.com/2006/04/17/a-banquet-of-pennies/#comment-1265 I agree - I don't count on social security at all. I've been saving for my retirement ever since I got my first job out of college. So for me, I'll be just fine if social security goes bankrupt. I agree – I don’t count on social security at all. I’ve been saving for my retirement ever since I got my first job out of college. So for me, I’ll be just fine if social security goes bankrupt.

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