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Trusted Social Butterfly
Posts: 7,020
Registered: ‎02-14-2008

Re: How much do you need for a comfortable retirement?

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Message 11 of 141 (6,714 Views)

Please stop referring to Soc. Sec. and Medicare as "entitlements".  These are things we have paid in to all our working lives.  Semantics will not change the FACT that we are owed our payments.

 

   No semantics won't change anything. Facts will. The average American gains about 25%-33%  in benefits over what is paid in. That is an entitlement. I'm on medicare, and happy to be so. But I'm perfectly aware that the odds are that I will be getting an entitlement, or welfare, if you like.


“The world is a book. Those who do not travel read only one page.”
Info Seeker
Posts: 1
Registered: ‎03-23-2012

Re: How much do you need for a comfortable retirement?

Message 12 of 141 (6,237 Views)

Please stop referring to Soc. Sec. and Medicare as "entitlements".  These are things we have paid in to all our working lives.  Semantics will not change the FACT that we are owed our payments.  Why not address the real problem--that the representatives of our country changed the rules in the middle of the game by using the money we paid in for all the other things they wanted.  Such as huge raises for themselves and their own free health care.  

Info Seeker
Posts: 1
Registered: ‎07-18-2014

Re: RE: How much do you need for a comfortable retirement?

Message 13 of 141 (3,133 Views)

1 think about $255,00 might be enough since i am 74 now.

Info Seeker
Posts: 1
Registered: ‎06-23-2015

Re: RE: How much do you need for a comfortable retirement?

Message 14 of 141 (3,032 Views)

Enough to self insure for you and your spouse.

Info Seeker
Posts: 1
Registered: ‎07-21-2012

Re: RE: How much do you need for a comfortable retirement?

Message 15 of 141 (2,986 Views)
1 million
Treasured Social Butterfly
Posts: 19,390
Registered: ‎12-25-2011

Re: How much do you need for a comfortable retirement?

Message 16 of 141 (1,981 Views)

In the "everything is relative" category, after a conversation with friends, I looked on Realtor.com, for a 2 BR, 2 BA condo/co-op in Manhattan, in a newer building. At the lower end of the price range, I only found 1 listing not in Harlem .. in the east 20s. The price was $1.195 million, with monthly maintenance fee of $2,500! So much for moving back from the suburbs to a trending urban setting!


Registered on Online Community since 2007!
Info Seeker
Posts: 1
Registered: ‎02-06-2013

Re: How much do you need for a comfortable retirement?

Message 17 of 141 (1,981 Views)
2500.00
Info Seeker
Posts: 1
Registered: ‎05-27-2015

Re: RE: How much do you need for a comfortable retirement?

Message 18 of 141 (2,055 Views)

1,000.000

Treasured Social Butterfly
Posts: 19,390
Registered: ‎12-25-2011

Re: How much do you need for a comfortable retirement?

Message 19 of 141 (2,055 Views)

It takes more than $1,100/month just to pay my property tax! Add in basic utilities & TV, medical insurance, and it's almost $2,100. That doesn't include homeowners or auto insurance, or food!


Registered on Online Community since 2007!
Info Seeker
Posts: 1
Registered: ‎08-07-2015

Re: RE: How much do you need for a comfortable retirement?

Message 20 of 141 (2,058 Views)

ae249992 wrote:

At  least $1500.00 a month. Maybe more. It is really hard to say, because you never know what  might happen that you might need more money for.


Where in the country are you thinking about that one can ilve for $1500 a month?  Does that assume a paid off house or something?