One Week to Retirement

[kcbubb]

How did his retirement get turned into a Medicaid discussion?

[R Clark]

Originally Posted by kcbubb

How did his retirement get turned into a Medicaid discussion?

They kinda go hand in hand ,when you turn 65 perhaps you will understand.

[GloryDayz]

Originally Posted by kcbubb

How did his retirement get turned into a Medicaid discussion?

Originally Posted by R Clark

They kinda go hand in hand ,when you turn 65 perhaps you will understand.

100%

Along with many conversations, consultations, and research, all of these topics and points are things that people need to think about along their life journey. It gets more real with each passing year, especially topics like Medicare and other such topics, but many of the items need to be occasionally brought to the frontal lobe even in your 20s.

[TrebMaxx]

Originally Posted by GloryDayz

100%

Along with many conversations, consultations, and research, all of these topics and points are things that people need to think about along their life journey. It gets more real with each passing year, especially topics like Medicare and other such topics, but many of the items need to be occasionally brought to the frontal lobe even in your 20s.

This is so true. I didn't get any advice on such things when I was in my 20's. I didn't start a retirement plan until my early 30's which was a major mistake. Fortunately, I was able to catch up.
I have some young employees that I manage in their 20's that have chose not to participate in any of the retirement plans that are offered. When I talk to them about just putting in 3% and getting the matching from our employer they balk. I try to tell them but it falls on deaf ears. So to you youngsters out there, start investing now!

[Mosbonian]

Originally Posted by TrebMaxx

This is so true. I didn't get any advice on such things when I was in my 20's. I didn't start a retirement plan until my early 30's which was a major mistake. Fortunately, I was able to catch up.
I have some young employees that I manage in their 20's that have chose not to participate in any of the retirement plans that are offered. When I talk to them about just putting in 3% and getting the matching from our employer they balk. I try to tell them but it falls on deaf ears. So to you youngsters out there, start investing now!

Luckily for me my daughter and son in law who are in the late 20's are heeding the advice to start your retirement funds now...in fact they are already ahead of where my wife and I were at this stage of life.

[Bearcat]

Originally Posted by TrebMaxx

This is so true. I didn't get any advice on such things when I was in my 20's. I didn't start a retirement plan until my early 30's which was a major mistake. Fortunately, I was able to catch up.
I have some young employees that I manage in their 20's that have chose not to participate in any of the retirement plans that are offered. When I talk to them about just putting in 3% and getting the matching from our employer they balk. I try to tell them but it falls on deaf ears. So to you youngsters out there, start investing now!

Yeah, sucks there's so little focus on this in school since investing early can make such a huge difference later... and like you said, it doesn't have to be 10% of your paycheck or anything crazy. Even if you start at say 1% of your paycheck, add 1% every year for a while or whenever you get a raise.