Thread: Future retirement is becoming much more difficult:
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Old 04-04-2015, 02:24 PM
Bavarian Bavarian is offline
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Originally Posted by jnieman View Post
We have a son who is 38 and I keep stressing to him to max out his 401k. The company matches a portion I think up to 5%. He will not have the benefit of a retirement that my husband and I enjoy. Hubby has a federal retirement. Guaranteed certain amount per month each and every month. Companies just don't offer those types of retirements that often any more.
Fellow Fed, great points. People need an IRA also, if they can. Buy good stocks and reinvest the dividents. My main worry is who in the next generation will be able to afford to buy our houses when it comes to downsize or move to assisted living. There's always the Reverse Mortgage.
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