Home Improvement Contractor - Licensed Contractors
So me and my golfing buddy were sitting around enjoying the pleasures of a doobie and got to talking about our
country. We're both in our mid-fifties, work every day and pay our taxes. I posed this hypothetical question to him, I have a pocket-full of money, how much do you need in order to retire tomorrow? He is a hard core fiscal conservative, is paying a mortgage and has a wife and a kid. He told me one point three million. He's fifty-four and has been a plumbing contractor for twenty five years. That's to be comfortable in his mind, one point three million to last the next thirty years. Why does a hearing aid cost thousands of dollars? Well pancakes, wrong you are. As a business owner he hates taxes and the way our government has its hand in everything. He's totally against abortion and welfare of any sort, especially corporate. He's also for "winning" in Iraq. You see, we smoke and play golf together and don't let our political opinions get in the way of our friendship. Lighten up OK?
Public Comments
- If your going to continue to be a pot head, you may need 2 million to keep paying for it. Then you will need another 2-3 million for the lung problems that will develop from it, good luck with that.
- Sounds about right if he has been self employed with no pension or 401K from an employer.
- I'm betting none of your golfing buddies are really 'hard core' conservatives.
- Sounds about right. Rampant inflation and changes in banking laws have pretty much nullified "The Miracle of Compound Interest" that our generation grew up with. We 50 somethings can all remember when passbook savings accounts paid 4% interest. My current savings account pays .25%, (that's 1/4 per cent apr.) I get free checking, but big whoop. Unless you're willing to take the very real risk of losing it all in the Stock Market, where ever increasing ammounts of money are chasing ever fewer shares in mismanaged companies, you're pretty much stuck with cash on hand. And hoping hyperinflation doesn't turn it into toilet paper, I'm not surprised that Fiscal Conservatives are no longer recognized as "Conservative." It's all about Voodoo Economics and Jingoism these days.
