[TNLAKEPANDA]

Amazing number of people just are not prepared at all to retire. Interesting article.

10 scary retirement statistics | LifeHealthPro

[FosterMomma]

It's interesting that the conversation is only about money related things... I think the scariest part is wondering how you will be productive and happily fill every day. We are about to retire and have chosen TV in the hopes that my concerns will be alleviated by all that this community has to offer. Thoughts?

[champion6]

Originally Posted by MiaW1948

It's interesting that the conversation is only about money related things... I think the scariest part is wondering how you will be productive and happily fill every day. We are about to retire and have chosen TV in the hopes that my concerns will be alleviated by all that this community has to offer. Thoughts?

You make good points ... AND you made the right choice!

[Marathon Man]

Originally Posted by MiaW1948

It's interesting that the conversation is only about money related things... I think the scariest part is wondering how you will be productive and happily fill every day. We are about to retire and have chosen TV in the hopes that my concerns will be alleviated by all that this community has to offer. Thoughts?

Well said. Facing the same concerns starting in two days. And we are convinced that TV is the answer.

[Chatbrat]

I'm fortunate money was never an issue in my retirement. Best financial advice I ever got was," don't worry about saving money, worry about making money" most retirees , especially women are way too conservative , they may outlive their income !!!

[TNLAKEPANDA]

I believe that the point of the article was that most people just don't think about retirement during their early years and don't realize the true cost of retirement. With the uncertainty of health insurance coverage these days a illness can change everything. I was always told to be sure to save a little out of every paycheck. Good investments early on is the key to success. Most of us have children. Any idea how they are doing?

[The Buckeyes]

The lifestyle you live when you retire depends upon the amount of investing you did along the way!

[JoMar]

I always looked at my working years as the means to the end....which was retirement. Many people have defined their value by their work and that creates a void when they retire. They have no hobbies or diversions. For those that had hobbies and diversions they are most likely well represented here. For those that are adventurous there is opportunity to experience things you have never tried. Plus, FL is a whole new State to explore with lots of fun things.

[2BNTV]

Sounds like an article to scare some people into investing. There are a lot of people who haven't saved for their retirement. Shame on them!

What's the alternative? Drop dead, while working? I never heard someone say on their deathbed, "I wish I spent more time at the office".

My mother always used to say, "if you have money, there's nothing to worry about". "If you don't have money, the government will support you".

I would only be concerned if one likes their job so much and don't know what to do with themselves, if retired. TV has so many clubs and activities, that would not be a problem here. IMHO

Some people want to work and don't know what to do with themselves, if there are not making money. Some people have put off saving so they have to keep working.

"Money isn't everything but when your time comes, you can suffer in comfort".

[Justus]

I wonder how many Villagers, who thought they had saved a sufficient amount on which to retire, now sadly find themselves supporting ne'er-do-well children. There have been a number of arrests recently - in TV - of 50-year-olds who have moved in on their aged parents and have sucked their retirement savings dry. That disgusting trend seems to be growing in today's permissive society. How would one prepare for that eventuality. Just a thought...

[ScorpioSquared]

Originally Posted by Justus

I wonder how many Villagers, who thought they had saved a sufficient amount on which to retire, now sadly find themselves supporting ne'er-do-well children. There have been a number of arrests recently - in TV - of 50-year-olds who have moved in on their aged parents and have sucked their retirement savings dry. That disgusting trend seems to be growing in today's permissive society. How would one prepare for that eventuality. Just a thought...

How about giving them a "kick start".... tough love unless it's really tough times for them (the kids). No one wants to be used and abused even if it's your own children. I've seen this happen to a couple of my friends, a loss of respect for the parents and an air of "you owe me" all lead to stress and resentment.