Are you saving up for Retirement?

**Jakke PNG** · 08-30-2004, 01:13 AM

Originally posted by webmaster x
What's YOUR retirement savings plans?

When I'm close to retirement age I will see a few wealthy relatives pass away and inherit their money.

**webmaster x** · 08-30-2004, 01:16 AM

Originally posted by TeenGodFather
When I'm close to retirement age I will see a few wealthy relatives pass away and inherit their money.

That's definitely one strategy. Statistically, depending on the country you're from, it may not be that random... many developed countries have shrinking populations/low birthrates...thereby insuring WINDFALL income to the younger generation.

**Jakke PNG** · 08-30-2004, 01:20 AM

Originally posted by webmaster x
That's definitely one strategy. Statistically, depending on the country you're from, it may not be that random... many developed countries have shrinking populations/low birthrates...thereby insuring WINDFALL income to the younger generation.

My entire family is 6 people, of which 2 I will inherit by law.

**Illicit** · 08-30-2004, 01:25 AM

I got a 401k that I stick 10% of my income into. I also have a bunch of stocks that I play with.

**bringer** · 08-30-2004, 01:27 AM

i have a jar thats almost full of pennies

**pure energy** · 08-31-2004, 12:41 AM

Though I'm still young I'll think about it. Maybe 5 years from now I'll be more serious and start saving for the future.

**laura99** · 08-31-2004, 12:43 AM

Yes I have a plan. Can't depend on Social Security being there, that's for fucking sure!

**EviLGuY** · 08-31-2004, 12:43 AM

Originally posted by webmaster x
Just wondering what % of webmasters think ahead to retirement.

I have a little bit of stock and some cash. I guess I have to step up on the SEP IRA contributions a bit.

What's YOUR retirement savings plans?

I probably save about 75% of what I make after taxes. I live pretty damn cheap.

Its all in investments + I make my max RRSP contribution a year.

**Pornopat** · 08-31-2004, 12:50 AM

I will sell my sites when the time is there.

**quiet** · 08-31-2004, 12:55 AM

of course. that's the entire point of running an adult business imo.

**erehwon** · 08-31-2004, 01:08 AM

Originally posted by quiet
of course. that's the entire point of running an adult business imo.

EXACTLY!

**masterE** · 08-31-2004, 03:49 AM

I've got some cash sunk into stocks, - tobacco, utilities, telecom and manufacturing mostly. I won't touch tech or medical stocks ever again in my life, when google IPO'd, I made sure I was away from my computer and my trading account.

I'm 31 now, by the time I'm ready to retire (in a couple of years) I'll have a nice little nest egg ready to hatch. I don't do any "traditional" retirement plans, no sense in it since I plan on retiring way before my time, I hold the paper and reinvest the dividends on my stock when I get the checks.

Then when I retire I'll get to surf porn sites instead of building the damn things

**Theo** · 08-31-2004, 03:53 AM

i do have savings, but only death will retire me

**bjjb** · 08-31-2004, 04:02 AM

Nope I love from check to check and barely get by. Why do you think im trying to make a go of it in THIS business? Mainstream life sucks ass.

**scoreman** · 08-31-2004, 05:42 AM

yes,
also for the wife....
and the kids......

**Raf1** · 08-31-2004, 05:43 AM

I have a lot of years to go, before retiring, so I'm not worried yet

**sherie** · 08-31-2004, 05:48 AM

Of course. Anyone who isn't thinking about it or putting money away/investing etc., is silly. The younger you are the better off you'll be and especially in this business!!

**Jill_J** · 08-31-2004, 05:52 AM

I`m too young to think about it now

**psili** · 08-31-2004, 05:57 AM

401(k) and the lovely, lovely compound interest.

BTW -- Didn't someone famous say "compound interest" was like the 8th wonder of the world or something ?

**strobi** · 08-31-2004, 06:02 AM

As soon as I left college I started saving for retirement. The whole point I'm hanging out here is to retire secure.

**strobi** · 08-31-2004, 06:03 AM

Originally posted by psili
401(k) and the lovely, lovely compound interest.

BTW -- Didn't someone famous say "compound interest" was like the 8th wonder of the world or something ?

Albert Einstein

Are you saving up for Retirement?

Are you saving up for Retirement?

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