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How much is enough?

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March 28, 2009 at 1:59 p.m.

jcagle9595

Hmmm, as I contemplate retirement, a few issues tap me on the shoulder :

The prosthodontists want about $75K to do a little cosmetic work on my wife and I (about $150,000. before taxes).

My mom will likely need some financial assistance for assisted living expenses (anywhere from hundreds to thousands a month).

Stock market investments have lost about 50%.

Inflation is diluting the hell out of the value of cash.

Interest rates available on savings are next to nothing.

Real estate values have crashed. Many renters are losing their jobs and can't pay their rent.

Taxes are rising.

Food is rising.

I'm thinking of having my nostrils enlarged, since air is still free.

:laugh:>>>

March 28, 2009 at 6:59 p.m.

wywoody

My motto for the rest of my life, if we ever get to another time where I feel good (not even great)about stocks and RE.....cash in.>>>

March 28, 2009 at 6:52 p.m.

jcagle9595

State taxes and fees are going up. Also, under the guise of increasing medical costs I'm hearing about a 25% increase in wc rates, which are set by the state. In reality, it's probably headed for the 42 billion $ state deficit for this year.>>>

March 28, 2009 at 6:41 p.m.

Miscreant

Good question. I'm waiting 'til the smoke clears and recalculating.

One thing is for sure, about time retired roofers need a bailout the treasury willed be tapped.>>>

March 28, 2009 at 5:05 p.m.

robert

In a Obamian World air will soon be taxed,so suck it up while it free and enjoy because its about to be taxed! :S>>>

March 28, 2009 at 4:18 p.m.

CIAK

That logic brings up this thought, To much is never enough. :laugh: B) ;)>>>

March 28, 2009 at 3:18 p.m.

twill59

Taxes are rising???? You don't say!!! >>>


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