Comments on: Money Confession – Retirement Savings http://www.savingadvice.com/blog/2007/08/10/101675_money-confession-retirement-savings.html Bridging the gap between saving money and investing Tue, 24 Nov 2009 22:38:31 -0800 http://wordpress.org/?v=2.8 hourly 1 By: Pete http://www.savingadvice.com/blog/2007/08/10/101675_money-confession-retirement-savings.html/comment-page-1#comment-309895 Pete Fri, 16 May 2008 22:34:05 +0000 http://www.savingadvice.com/blog/2007/08/10/101675_money-confession-retirement-savings.html#comment-309895 Common "I don't have much saved away for retirement" things I've heard from friends, mostly in their 40s or 50s: - I didn't think I would live that long - I'll live off Social Security - I'll eventually start saving but I've got bills to pay - Had to cash it in Having said that, there is a substantial amount of people that *are* having to dig deeply into their 401(k) accounts, due to unemployment. Pundits and know-it-alls will advise against that, of course, but it's a reality. Common “I don’t have much saved away for retirement” things I’ve heard from friends, mostly in their 40s or 50s:

- I didn’t think I would live that long
- I’ll live off Social Security
- I’ll eventually start saving but I’ve got bills to pay
- Had to cash it in

Having said that, there is a substantial amount of people that *are* having to dig deeply into their 401(k) accounts, due to unemployment. Pundits and know-it-alls will advise against that, of course, but it’s a reality.

]]> By: Money Confession - Ring - SavingAdvice.com Blog http://www.savingadvice.com/blog/2007/08/10/101675_money-confession-retirement-savings.html/comment-page-1#comment-94727 Money Confession - Ring - SavingAdvice.com Blog Mon, 27 Aug 2007 07:01:38 +0000 http://www.savingadvice.com/blog/2007/08/10/101675_money-confession-retirement-savings.html#comment-94727 [...] Retirement Savings [...] [...] Retirement Savings [...]

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