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: Mint brunch toaster
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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