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Thread: Retirement Savings

  1. #41
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    Quote Originally Posted by GixerJockey View Post
    You don't pay very good attention.
    Yev, would never pay for good attention.
    For the Kids...

    A life is like a garden. Perfect moments can be had, but not preserved, except in memory. LLAP

  2. #42
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    Quote Originally Posted by ilikenapalm View Post
    I like the $1,000,000 and $16,000,000 solution better.

    I just ran the numbers again and still didn't come up with what you've got.

    $424,000 after 20 years.

    The real point is, once you build up a nest egg large enough, you just live off of the interest.

    Even if you can get 2% interest that's only 10K on a 500K account. Hardly enough to live on.

  3. #43
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    Interest rates are less than 1%

  4. #44
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    Quote Originally Posted by dynamite196 View Post
    Even if you can get 2% interest that's only 10K on a 500K account. Hardly enough to live on.
    Diversify and keep the money in the market... people who have thousands of dollars in bank accounts are doing it wrong.

  5. #45
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    Then the market crashes (again) and your money takes a dump (again)

    Hope in 20 years you're not remembering the good ol' days when gas was only $4.00!
    (Hyperinflation anyone?)

  6. #46
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    Smutty is gonna be rich, biotch!

    Haters gonna hate.
    LRRS/CCS Amateur #514 / RSP Racing / Woodcraft / MTAG Pirelli / Dyno Solutions / Tony's Track Days / Sport Bike Track Gear / 434racer / Brunetto T-Shirts / Knox / GMD Computrack

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  7. #47
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    Quote Originally Posted by GixerJockey View Post
    Smutty is gonna be rich, biotch!

    Haters gonna hate.
    Only if I can keep those biotches away from my moolah.
    -Christian LRRS/CCS #856 ECK RacingGMD Computrack Boston | Pine Motorparts/PBE Specialists | Woodcraft | Street & Competition | OnTrack Media

    2011 Pit Bike Race CHAMPION!

  8. #48
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    Quote Originally Posted by csmutty View Post
    Only if I can keep those biotches away from my moolah.
    You will never keep me away.

    Quote Originally Posted by Marduk View Post
    I am slow, Yev is completely incompetent, and you are an asshole.
    Set the bar low, Ian. Always set it low
    Slow Is Smooth…Smooth Is Fast

  9. #49
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    Quote Originally Posted by y3v View Post
    You will never keep me away.
    Never said I wanted to.
    -Christian LRRS/CCS #856 ECK RacingGMD Computrack Boston | Pine Motorparts/PBE Specialists | Woodcraft | Street & Competition | OnTrack Media

    2011 Pit Bike Race CHAMPION!

  10. #50
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    Quote Originally Posted by csmutty View Post
    Never said I wanted to.
    Yes you did.
    Quote Originally Posted by csmutty View Post
    Only if I can keep those biotches away from my moolah.

    Quote Originally Posted by Marduk View Post
    I am slow, Yev is completely incompetent, and you are an asshole.
    Set the bar low, Ian. Always set it low
    Slow Is Smooth…Smooth Is Fast

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