Thrifty Thursday

iVillage Member
Registered: 03-27-2013
Thrifty Thursday
149
Thu, 05-02-2013 - 10:03am

1. What is one thing you will spend money on? One thing that you won't?

2. Retirement money-I was watching Suze Orman the other night (don't really care for her lol) and she does a segment of "How well am I doing" and there was a 38 year old woman, married with 3 kids and she gave her a low grade. She had about $100,000 in her retirement fund and she said at her age, that was too low. Is there a goal (no need to put $ amounts down as I know that is a very personal thing) you have by a certain age or goals you had by certain ages and do you think that amount is good or bad for that age?

3. Weekend plans?

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iVillage Member
Registered: 02-20-2013
Thu, 05-02-2013 - 4:12pm

bordwithyou wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">reginageorge2005</em> wrote:</div>&lt;p&gt;&lt;blockquote class="quote-msg quote-nest-1 odd"&gt;&lt;div class="quote-author"&gt;&lt;em class="placeholder"&gt;bordwithyou&lt;/em&gt; wrote:&lt;/div&gt;&amp;lt;p&amp;gt;&amp;lt;blockquote class="quote-msg quote-nest-1 odd"&amp;gt;&amp;lt;div class="quote-author"&amp;gt;&amp;lt;em class="placeholder"&amp;gt;reginageorge2005&amp;lt;/em&amp;gt; wrote:&amp;lt;/div&amp;gt;&amp;amp;lt;p&amp;amp;gt;&amp;amp;lt;blockquote class="quote-msg quote-nest-1 odd"&amp;amp;gt;&amp;amp;lt;div class="quote-author"&amp;amp;gt;&amp;amp;lt;em class="placeholder"&amp;amp;gt;springfever2013&amp;amp;lt;/em&amp;amp;gt; wrote:&amp;amp;lt;/div&amp;amp;gt;&amp;amp;amp;lt;p&amp;amp;amp;gt;&amp;amp;amp;lt;span style="font-size:13px; text-align:left"&amp;amp;amp;gt;Huh?  Wouldn't you want to save much, much more than your total annual income?  I mean, costs can be lower in retirement, but you have to save enough to support yourselves for years and years.  Maybe I'm misunderstanding?&amp;amp;amp;lt;/span&amp;amp;amp;gt;&amp;amp;amp;lt;/p&amp;amp;amp;gt;&amp;amp;amp;lt;p&amp;amp;amp;gt;&amp;amp;amp;lt;span style="font-size:small"&amp;amp;amp;gt;&amp;amp;amp;lt;strong&amp;amp;amp;gt;&amp;amp;amp;lt;span style="text-align:left"&amp;amp;amp;gt;Sorry, I made it more confusing lol. While the most money you can save is best, the amount I had used is about double what we currently make WITH kids and we wouldn't need any where near that amount to live for say 40 years (after retirement) and that would mean we would have to work longer and save money that could be saved for other things. Hope that explains it better. &amp;amp;amp;lt;/span&amp;amp;amp;gt;&amp;amp;amp;lt;/strong&amp;amp;amp;gt;&amp;amp;amp;lt;/span&amp;amp;amp;gt;&amp;amp;amp;lt;/p&amp;amp;amp;gt;&amp;amp;lt;/blockquote&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;Am I the only one who finds this completely incoherent?&amp;amp;lt;/p&amp;amp;gt;&amp;lt;/blockquote&amp;gt;&amp;lt;/p&amp;gt;&amp;lt;p&amp;gt;Yes.  The rest of us understand it perfectly.  What the heck is wrong with you?  Can't you read plain English?&amp;lt;/p&amp;gt;&lt;/blockquote&gt;&lt;/p&gt;&lt;p&gt;Apparently not. Should I mail back the English degree I bought?&lt;/p&gt;</blockquote></p><p>If you can manage to address the envelope.</p>

That might be a problem, then...

On Wednesdays we wear pink.

Avatar for BeaArthurisMyReligion
iVillage Member
Registered: 02-20-2013
Thu, 05-02-2013 - 4:11pm

I love the world I work in but it is not a high paying field at all, but the benefits are exceptional- 100% paid health insurance,  Flexible spending plan and a 3% retirement match-- (of course the match doesn't add up to much but hey it's there)   I love what I do, but I am well aware it means I will never retire.. I just won't be able to, and that kinda sucks b/c if there were ever a couple that would rock the hell out of retirement it's me and my wife LOL.. but we'll figure it out.  Given my families track record of dying it's not like any of us ever get much if any of a retirement anyway.. LOL ... I don't expect to be any different frankly

iVillage Member
Registered: 01-08-2009
Thu, 05-02-2013 - 4:08pm

reginageorge2005 wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">bordwithyou</em> wrote:</div>&lt;p&gt;&lt;blockquote class="quote-msg quote-nest-1 odd"&gt;&lt;div class="quote-author"&gt;&lt;em class="placeholder"&gt;reginageorge2005&lt;/em&gt; wrote:&lt;/div&gt;&amp;lt;p&amp;gt;&amp;lt;blockquote class="quote-msg quote-nest-1 odd"&amp;gt;&amp;lt;div class="quote-author"&amp;gt;&amp;lt;em class="placeholder"&amp;gt;springfever2013&amp;lt;/em&amp;gt; wrote:&amp;lt;/div&amp;gt;&amp;amp;lt;p&amp;amp;gt;&amp;amp;lt;span style="font-size:13px; text-align:left"&amp;amp;gt;Huh?  Wouldn't you want to save much, much more than your total annual income?  I mean, costs can be lower in retirement, but you have to save enough to support yourselves for years and years.  Maybe I'm misunderstanding?&amp;amp;lt;/span&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;amp;lt;p&amp;amp;gt;&amp;amp;lt;span style="font-size:small"&amp;amp;gt;&amp;amp;lt;strong&amp;amp;gt;&amp;amp;lt;span style="text-align:left"&amp;amp;gt;Sorry, I made it more confusing lol. While the most money you can save is best, the amount I had used is about double what we currently make WITH kids and we wouldn't need any where near that amount to live for say 40 years (after retirement) and that would mean we would have to work longer and save money that could be saved for other things. Hope that explains it better. &amp;amp;lt;/span&amp;amp;gt;&amp;amp;lt;/strong&amp;amp;gt;&amp;amp;lt;/span&amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;&amp;lt;/blockquote&amp;gt;&amp;lt;/p&amp;gt;&amp;lt;p&amp;gt;Am I the only one who finds this completely incoherent?&amp;lt;/p&amp;gt;&lt;/blockquote&gt;&lt;/p&gt;&lt;p&gt;Yes.  The rest of us understand it perfectly.  What the heck is wrong with you?  Can't you read plain English?&lt;/p&gt;</blockquote></p><p>Apparently not. Should I mail back the English degree I bought?</p>

If you can manage to address the envelope.

Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Thu, 05-02-2013 - 4:08pm

Retirement is a luxury that I probably won't have. I'm figuring on working until I die.

Some only work for a retirement which I find kind of sad too.  I think a job should be more than the money behind it...  I don't think retirement is a luxury b/c many are lonely in it. 

 

 

 

iVillage Member
Registered: 02-20-2013
Thu, 05-02-2013 - 4:06pm

bordwithyou wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">reginageorge2005</em> wrote:</div>&lt;p&gt;&lt;blockquote class="quote-msg quote-nest-1 odd"&gt;&lt;div class="quote-author"&gt;&lt;em class="placeholder"&gt;springfever2013&lt;/em&gt; wrote:&lt;/div&gt;&amp;lt;p&amp;gt;&amp;lt;span style="font-size:13px; text-align:left"&amp;gt;Huh?  Wouldn't you want to save much, much more than your total annual income?  I mean, costs can be lower in retirement, but you have to save enough to support yourselves for years and years.  Maybe I'm misunderstanding?&amp;lt;/span&amp;gt;&amp;lt;/p&amp;gt;&amp;lt;p&amp;gt;&amp;lt;span style="font-size:small"&amp;gt;&amp;lt;strong&amp;gt;&amp;lt;span style="text-align:left"&amp;gt;Sorry, I made it more confusing lol. While the most money you can save is best, the amount I had used is about double what we currently make WITH kids and we wouldn't need any where near that amount to live for say 40 years (after retirement) and that would mean we would have to work longer and save money that could be saved for other things. Hope that explains it better. &amp;lt;/span&amp;gt;&amp;lt;/strong&amp;gt;&amp;lt;/span&amp;gt;&amp;lt;/p&amp;gt;&lt;/blockquote&gt;&lt;/p&gt;&lt;p&gt;Am I the only one who finds this completely incoherent?&lt;/p&gt;</blockquote></p><p>Yes.  The rest of us understand it perfectly.  What the heck is wrong with you?  Can't you read plain English?</p>

Apparently not. Should I mail back the English degree I bought?

On Wednesdays we wear pink.

iVillage Member
Registered: 02-20-2013
Thu, 05-02-2013 - 4:05pm

pumpkinangel wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">jamblessedthree</em> wrote:</div>&lt;p&gt;Happiness comes from within, Happy people at 100 were happy in their 80s too.. I wish my grandmother lived longer actually b/c I would have loved to have spent more time with her, she lived her life to the fullest and died at 89 (or 90). &lt;/p&gt;&lt;p&gt; &lt;/p&gt;</blockquote></p><p>Maybe, but at 100 you also have to take into account the  physical condition of the person.  </p>

Exactly. DH had a step grandmother live well into her 90s. Once her sister died, she was miserable. And she made everyone around her miserable. My mom was only 60 when she died, but her body (and mind) were much older...Dad is in far better shape at almost 70 than Mom was 10 years ago. 

On Wednesdays we wear pink.

iVillage Member
Registered: 01-08-2009
Thu, 05-02-2013 - 4:05pm

reginageorge2005 wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">springfever2013</em> wrote:</div>&lt;p&gt;&lt;span style="font-size:13px; text-align:left"&gt;Huh?  Wouldn't you want to save much, much more than your total annual income?  I mean, costs can be lower in retirement, but you have to save enough to support yourselves for years and years.  Maybe I'm misunderstanding?&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-size:small"&gt;&lt;strong&gt;&lt;span style="text-align:left"&gt;Sorry, I made it more confusing lol. While the most money you can save is best, the amount I had used is about double what we currently make WITH kids and we wouldn't need any where near that amount to live for say 40 years (after retirement) and that would mean we would have to work longer and save money that could be saved for other things. Hope that explains it better. &lt;/span&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;</blockquote></p><p>Am I the only one who finds this completely incoherent?</p>

Yes.  The rest of us understand it perfectly.  What the heck is wrong with you?  Can't you read plain English?

iVillage Member
Registered: 01-08-2009
Thu, 05-02-2013 - 4:04pm

pumpkinangel wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">jamblessedthree</em> wrote:</div>&lt;p&gt;Happiness comes from within, Happy people at 100 were happy in their 80s too.. I wish my grandmother lived longer actually b/c I would have loved to have spent more time with her, she lived her life to the fullest and died at 89 (or 90). &lt;/p&gt;&lt;p&gt; &lt;/p&gt;</blockquote></p><p>Maybe, but at 100 you also have to take into account the  physical condition of the person.  </p>

I've got a friend who turned 91 this year.  Last year he had knee replacement surgery.  I asked him about it, and he said that he'd done it because his wife (who is almost a year older than he is) still skis, and he wanted to be able to go skiiing with her.  He also sold his plane, hung up his pilot's license and quit flying when he turned 90.  Then he said he was sorry he sold his plane because the reason he quit flying was because his knees couldn't stand being in position at the cockpit for any length of time, only now he has bionic knees and flying wouldn't be any problem.

iVillage Member
Registered: 02-20-2013
Thu, 05-02-2013 - 3:56pm

springfever2013 wrote:
<p><span style="font-size:13px; text-align:left">Huh?  Wouldn't you want to save much, much more than your total annual income?  I mean, costs can be lower in retirement, but you have to save enough to support yourselves for years and years.  Maybe I'm misunderstanding?</span></p><p><span style="font-size:small"><strong><span style="text-align:left">Sorry, I made it more confusing lol. While the most money you can save is best, the amount I had used is about double what we currently make WITH kids and we wouldn't need any where near that amount to live for say 40 years (after retirement) and that would mean we would have to work longer and save money that could be saved for other things. Hope that explains it better. </span></strong></span></p>

Am I the only one who finds this completely incoherent?

On Wednesdays we wear pink.

iVillage Member
Registered: 06-27-1998
Thu, 05-02-2013 - 3:55pm

jamblessedthree wrote:
<p>Happiness comes from within, Happy people at 100 were happy in their 80s too.. I wish my grandmother lived longer actually b/c I would have loved to have spent more time with her, she lived her life to the fullest and died at 89 (or 90). </p><p> </p>

Maybe, but at 100 you also have to take into account the  physical condition of the person.  

PumpkinAngel

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