XPost: talk.politics.misc, alt.politics.usa, alt.retirement
https://www.dailymail.co.uk/news/article-13606017/new-study-retirement-savings-state.html
. . .
Hawaii is the WORST - barely 9 years. This is sort of
expected since most everything has to be shipped in.
Other places - 15-20 years. The Big Blue States tend
to be the most expensive.
The trick, of course, is to not count on 1M in CASH
for retirement. You need stuff that earns INTEREST.
SOME things, blue-chips in particular, can make you
a fair amount of interest. CDs and Savings Bonds,
fair, but not as much - however the RISK is lower.
Think your 401 is gonna save you ? NOT ! Very few
have enough in a 401 to get by over decades - and
the 'left' keeps scheming to find ways to tax 401s
more and more and more.
DO you have a secure pension ? LONG-term govt workers
might in some states but corps DO tend to go broke
kinda regularly.
SS ??? Come ON now ! Even if you were making near
six figures your SS is unlikely to be more than
2$K per month. That'll barely pay today's rent.
In short, retirement is EXPENSIVE - don't pretend
otherwise. What "They" want is to trap you in wage
slavery right up until you literally DROP DEAD.
And that's how it is.
The GOP is a little - but ONLY a little - less
retirement-friendly. Even the Dems/left still
want you to die on the job, fall off your walker
onto your head. The USA does not make the money,
does not have the future, it used to have. Thank
your "leaders" - who YOU voted for.
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