My 56 yo brother just told me he has zero retirement savings
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Poast new message in this thread
Date: September 22nd, 2025 9:26 AM Author: Cordovan Floppy Really Tough Guy
He has about 200K equity in his home that he owes about 400K. Lives paycheck to paycheck and has two children in high school. His wife has a fake business that loses about 3k per month and she has nothing saved for retirement and hasn't been contributing to SS for over a decade. He cashed in his 401K to purchase his current house. He and his wife both drive brand new vehicles and from outside appearances, seem to be well off.
I didn't want to dogpile on him and lightheartedly said "It'll all work out!" but, we both knew I was lying.
He was visibly upset when I said my wife and I could retire at any time.
(http://www.autoadmit.com/thread.php?thread_id=5778610&forum_id=2#49290851) |
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Date: September 22nd, 2025 5:11 PM
Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,.
(http://www.autoadmit.com/thread.php?thread_id=5778610&forum_id=2#49292142) |
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Date: September 22nd, 2025 5:11 PM
Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,.
(http://www.autoadmit.com/thread.php?thread_id=5778610&forum_id=2#49292143) |
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Date: September 23rd, 2025 12:31 AM
Author: .,.,,...,...,..,....,...,...,...
(dude who has never tried to buy insurance on the individual market)
For a couple in our 50's/60's, we would be paying $1,000-$2,000 per month in premiums alone. And for premiums that "low," we would have a deductible that is at least in the $20k-$30k range, so all of my wife's medications (she is diabetic and has a couple other chronic health conditions) would be paid out of pocket. So yeah, my guess is that we would be paying a minimum of $3,000-$4,000 per month until at least my wife is on Medicare.
(http://www.autoadmit.com/thread.php?thread_id=5778610&forum_id=2#49293167) |
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Date: September 23rd, 2025 12:34 AM
Author: .,.,,...,...,..,....,...,...,...
(blue city shitlib)
Sorry to break this to you, city slicker, but if you don't live in a shitlib metropolis, you do need a truck unless you want to die a virgin. LJL at picking up your date in a Camry.
(http://www.autoadmit.com/thread.php?thread_id=5778610&forum_id=2#49293179) |
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Date: September 28th, 2025 2:25 PM
Author: ;;......,.,.,.;.,.,.,.,., ( )
My cattle ranch is in Montana, do I have to return my truck
(http://www.autoadmit.com/thread.php?thread_id=5778610&forum_id=2#49309505) |
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