I put all my money into waffles.
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death
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My family court lawyers in two states seemed to have liked my 401k retirement funds just fine. I bought one of them a 911 and one of them a boat.
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.I have a defind pension account fully paid for by my employer. It is a multi employer pension plan that is about 95% funded and at retirement age of 54 I could get about $5000 a month until I die. I will probably work a few years past that age and continue to build that account
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I'm married with kids therefore it's not really mine, so I don't really worry about it too much! I could have a trillion dineros and still be told if it's what I want, there's no coin for it. I hate CHunt!
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Retirement is really being more like a tire, it is being retreaded because now you can do exactly what you were born to do. Whether that be volunteer work, owning and managing assets, travel, enjoying life, enjoying family, going on a mission trip, or all of the above
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My employer matched 18% of my 401k contributions for those 30+ years I worked there - rolled over to an IRA. I have a very nice pension and some dough put away. No debt and all that. I don't plan on working again but maybe I will if I get bored enough - which I won't. And yeah, my kids will never get a pension. Those are probably mostly going away for good. The company I worked for doesn't pay pensions for the younger new hires anymore. Us old farts still get it .
I thought my company was built by the stock holders / owners. I heard the other day that it wasn't. |
What is Social Security?
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Defined pension+Roth IRA+TSP+Stocks and possibily disability. I am also hoping to get some investment properties when I retire from my first job and depending on what my next employer offers, that as well.
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20 rental properties will bring me in around $15,000 a month . They're 75% paid off and I will retire at 55. Real Estate is the best way to go ! And I can always sell sperm on the side.
And I don't have any IRA's , savings , nothing . EVERYTHING goes into paying off the rentals. |
I have a 401k + Pension + Solid income from a business venture
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401k, pension, post retirement 2 business ventures. probably work till I want to fish, hunt, sleep, or give a shit about the Chiefs again.
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I'll never trust a 401K again. I have my own self-directed IRA that I buy stocks and real estate thru. I get tax-free rental income.
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