Posted by redforlife on October 16, 2014 at 20:19:13 from (68.234.121.124):
In Reply to: Retire or not posted by LAA on October 16, 2014 at 18:55:45:
Well, it really does all boil down to personal lifestyle. And of coarse if you are fully retired, or still puttering around here and there making a few dollars. If a person is working an average income 40 hour a week job, they should be able to live adequatly plus be able to save and contribute to retirement, investments, ect. Retired, they are likely to not be living on the same income. Likely less. The same would be nice, but out of reach for most people. Fare to say that for most people, saving anything at the lower income is unlikely. The average person is likely to also spend a heck of alot more money on a day off than on a day working wether it be for recreation, whatever. You can't really put much trust in these average figures anymore, and I'll tell ya why. A person that lives conservative, and don't over indulge in things, and can mannage their money, is not an average person this day in age. Analize your personal situation and your plans during retirement and do whats best for you.
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Today's Featured Article - Grain Threshing in the Early 40's - by Pat Browning. The setting is rural Wisconsin, halfway between East Troy and Elkhorn, on Hodunk Road, our nation was at war, and I was 6, 7 and 8 years old. George was our "threshing neighbor." He was the one with the threshing machine, a JI Case on steel wheels, and he pulled it to our farm with a JI Case standard tractor also on steel. In those days, steel wheeled implements were common. The roads were general gravel, so the lugs cutting into them wasn't a problem. George would set up the thresher, s
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