Life How prepared are you for retirement?

**cdcox** · 08-19-2012, 10:08 AM

I've been putting away 10% of my salary since I was 30. If I rely only on that and we get some decent return on investment, I will be in my late 60's before I can retire.

I've got two additional hole cards.

About a year and half ago I exercised some stock options that I received for serving on the board of advisers of a start up. The company is still growing and still attracting significant investment capital, though they have not yet earned any revenue. I figure that one investment ($1000) has the potential to out perform my entire retirement plan at work. It is still a long shot, but that investment has the potential to drastically alter my retirement plans.

And then there is Sandbox Simulations. Another long shot, but if we are able to capture even a small portion of the fantasy sports market, it will be a reliable source of income that can supplement whatever other retirement income I have.

View Poll Results: Are you on track to retire?
No way! It's a global banker illuminati conspiracy I read about on infowars.com!	3	3.06%
We're just living paycheck to paycheck - I'll worry about that when the time comes.	14	14.29%
We've put away a little, but I doubt we're on track.	27	27.55%
My retirement plan involves a second career, "welcome to walmart!"	6	6.12%
Saving steadily here and believe we're on track to retire at 65.	27	27.55%
I'm looking at early retirement	15	15.31%
I built myself a small fortune early I'm just doing what I want now	4	4.08%
trust fund bro!	2	2.04%
Voters: 98. You may not vote on this poll

08-19-2012, 10:08 AM	#11
cdcox www.nfl-forecast.com Join Date: Sep 2000 Casino cash: $-638231	I've been putting away 10% of my salary since I was 30. If I rely only on that and we get some decent return on investment, I will be in my late 60's before I can retire. I've got two additional hole cards. About a year and half ago I exercised some stock options that I received for serving on the board of advisers of a start up. The company is still growing and still attracting significant investment capital, though they have not yet earned any revenue. I figure that one investment ($1000) has the potential to out perform my entire retirement plan at work. It is still a long shot, but that investment has the potential to drastically alter my retirement plans. And then there is Sandbox Simulations. Another long shot, but if we are able to capture even a small portion of the fantasy sports market, it will be a reliable source of income that can supplement whatever other retirement income I have.
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