RE: No retirement

["Fisher, Don" <DRF@xxxxxxxxxxxxxxxx>]

I personally intend to retire early, say around 55.  My wife and I started
saving for our retirement as soon as we left college.  At one time, we were
putting her salary (pre-tax) into savings.  This has resulted in a tidy sum
with the good market.  Saving is more difficult now with her not bringing
home a paycheck, but not impossible.  Adherence to a strict budget and
discipline are carrying the day.

Donald R. Fisher, III
Senior Programmer/Analyst
Heilig-Meyers Furniture Company
(804) 784-7500 ext. 2124
Don.Fisher@HeiligMeyers.com

> -----Original Message-----
> From: HankHeath@aol.com [SMTP:HankHeath@aol.com]
> Sent: Wednesday, November 25, 1998 10:37 AM
> To:   MIDRANGE-L@midrange.com
> Subject:      No retirement
> 
> I've been reading recently that a lot of the baby boomers in the U.S. are
> coming to an astounding deduction: they may not be able to retire.
> Government
> assistance such as Social Security is unsupportable and too little, too
> late.
> The baby boomer generation has had to speculate on real estate, which has
> not
> shown the returns they need to settle into a retirement home. They have
> had
> children late in life, whom they now have to support through college and
> more.
> Pension plans  and savings have not been well managed. Inheritances are
> over-
> taxed. In other words, there is little left to take to the sunny beaches
> of
> retirement.
> 
> For a person like my self, this is not a major problem. I have always
> loved
> work, and planned to stay on board until someone kicked me out of the
> organization. However, I am curious as to how this retirement scenario is
> viewed by Midrangers? What do you folks plan on doing?
> 
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