Quote:
Originally Posted by Ksyrup
Yep. I'm not where I want to be at 52, but I'll be clearing the kids off the payroll (slowly) over the next 4-5 years and paying the house off shortly after that, so I plan to accelerate the savings. And, I've still got more than my parents do right now in their mid-70s, which they have barely touched since retiring about a decade ago.
But I can't imagine thinking about retirement savings working lower-paying jobs and trying to support a family.
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Odd to read this from 2 months before my dad's accident. Thankfully my parents have a decent nest egg, but all it takes is one major medical issue to wipe the entire thing out. Fortunately, he's made pretty good progress and - at least for now and the foreseeable future - they can both live independently thanks to their Part G supplement paying for pretty much everything Medicare didn't pick up and his progress with recovery. But in a worse-case scenario where he might have needed to be put in a SNF or ALF, $800K would not last very long if one or both of them lived, say, another 10 years.
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M's pitcher Miguel Batista: "Now, I feel like I've had everything. I've talked pitching with Sandy Koufax, had Kenny G play for me. Maybe if I could have an interview with God, then I'd be served. I'd be complete."
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