If things goes the way I planned, then as I get older, I’ll be able to save even more every month. Retirement has nothing to do with saving. I have accounts set aside for retirement. I was just trying to show how a little amount of money, like $1k/month can become millions if you have time on your side. Since you’re talking about giving the house to your kids when you die, that’s where I got the 65 years from. I’m 26, 65 years = 90. That’s when I estimate I will die. If I can just save $12k/yr for my heir, i’ll be passing millions to them. That as my point.
Hey, you guys really made my day! I’m glad we’re all friends again. And one more question: are hs, lostkitty, and I the only women here? I feel like back in engineering class – where are all the girls??
I never considered us enemies. Heated disagreements are OK in my book as long as you dont take them too personally. We are all entitled to our opinions and only the passage of time will tell what’s gonna happen.
